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Jamaica

Jamaica ranked No. 73 in total trade value through April with a total of $1.01 billion. Exports totaled $891.3 million and Imports totaled $116.97 million, a surplus of $774.34 million.

January – April 2019

Top Trading Ports

Total Trade: $1.01 billion

RankPortTotal YTD
1Port Miami $206,748,368
2Port of Houston $155,635,459
3Port of New Orleans $146,717,932
4Port of Southern Louisiana, Gramercy, St. James Parish $117,878,897
5Port of Mobile, Ala. $53,872,283
6Port of New York $37,801,553
7Low-Valued Imports and Exports $36,915,516
8Miami International Airport $36,252,246
9Port of Virginia $27,250,574
10Port of Savannah, Ga. $24,031,076

U.S. trade with Jamaica rose to $1.01 billion through April

Jamaica’s trade with the United States rose to $1.01 billion through the first four months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.6 percent above its total trade during the same time period last year. U.S. exports to Jamaica increased 5.3 percent while U.S. imports from Jamaica fell 0.48 percent. The U.S. surplus with Jamaica was $774.34 million.

Through April, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Miami; No. 2 Port of Houston; No. 3 Port of New Orleans; No. 4 Port of Southern Louisiana, Gramercy, St. James Parish; and No. 5 Port of Mobile, Ala.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port Miami No. 3 Port of New Orleans No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 Port Everglades, Fla.. In the current time period, the top five accounted for 67.53 percent of Jamaica’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Miami rose 35.81 percent to $206.75 million.
    Exports rose 32.9 percent to $188.43 million. Imports rose 75.19 percent to $18.31 million.
  • Trade with No. 2 Port of Houston fell 27.25 percent to $155.64 million.
    Exports fell 26.89 percent to $154.28 million. Imports fell 53.21 percent to $1.35 million.
  • Trade with No. 3 Port of New Orleans rose 27.49 percent to $146.72 million.
    Exports rose 3.42 percent to $111.46 million. Imports rose 382.69 percent to $35.25 million.
  • Trade with No. 4 Port of Southern Louisiana, Gramercy, St. James Parish rose 20.23 percent to $117.88 million.
    Exports rose 27.59 percent to $93.49 million. Imports fell 1.53 percent to $24.38 million.
  • Trade with No. 5 Port of Mobile, Ala. rose 143.66 percent to $53.87 million.
    Exports rose 147.97 percent to $53.11 million. Imports rose 10.39 percent to $764,628.

Jamaica ranked No. 73 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 74.

Meanwhile, total U.S. trade with the world increased to $1.35 trillion, up 0.57 percent compared to the same period last year. The nation’s exports climbed 0.58 percent to $543.34 billion; imports climbed 0.56 percent to $807.48 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $264.14 billion, up compared to the same period of last year when the deficit was $262.72 billion.

The top five U.S. exports to Jamaica by value through April were the categories of Gasoline, other fuels; Sodium or potassium hydroxide or peroxide; Low value shipments; Petroleum gases, other gaseous hydrocarbons; and Returned exports, with change, respectively. They accounted for 50.17 percent of total exports to Jamaica.

The value of the top five categories of U.S. imports from Jamaica –– Misc. aluminum oxides and hydroxides; Aluminum ores and concentrates; Cassava, arrowroot, fresh or dry; Beer; and Rum, gin, vodka, other liquors –– accounted for 65.26 percent of all inbound shipments.

Looking more closely at U.S. exports to Jamaica:

  • Gasoline, other fuels rose 14.51 percent compared to last year to $328.73 million.
  • Sodium or potassium hydroxide or peroxide fell 20.14 percent compared to last year to $42.15 million.
  • Low value shipments rose 3.19 percent compared to last year to $36.92 million.
  • Petroleum gases, other gaseous hydrocarbons rose 100.4 percent compared to last year to $20.49 million.
  • Returned exports, with change fell 21.14 percent compared to last year to $18.88 million.

Looking more closely at U.S. imports from Jamaica:

  • Misc. aluminum oxides and hydroxides rose 44.34 percent compared to last year to $34.89 million.
  • Aluminum ores and concentrates fell 0.55 percent compared to last year to $22.95 million.
  • Cassava, arrowroot, fresh or dry rose 1.84 percent compared to last year to $7.67 million.
  • Beer fell 48.55 percent compared to last year to $5.71 million.
  • Rum, gin, vodka, other liquors rose 0.22 percent compared to last year to $5.11 million.

In the latest annual figures available, Jamaica recorded $2.43 billion in trade with the United States. At year’s end, its were Miami; New Orleans; Houston; New York City; and Mobile. Total U.S. exports to Jamaica were $ 2.09 billion and imports from Jamaica were $337.63 million. The U.S. surplus with Jamaica was $1.75 billion.