Jamaica Imports from United States | Value | Year |
---|---|---|
Mineral fuels, oils, distillation products | $990.19M | 2019 |
Machinery, nuclear reactors, boilers | $279.09M | 2019 |
Electrical, electronic equipment | $155.91M | 2019 |
Inorganic chemicals, precious metal compound, isotope | $122.85M | 2019 |
Contents
What goods are imported from Jamaica?
Jamaica mainly imports oil, ethanol, wheat, lye, electronic appliances, vehicles, metals and rice. Jamaica’s main imports partner is the United States (42 percent of total imports). Other imports partners include Venezuela, Trinidad & Tobago, China, Brazil, Japan, Canada, the United Kingdom and Mexico.
What are the top 3 imports of Jamaica?
Imports The top imports of Jamaica are Refined Petroleum ($836M), Cars ($332M), Crude Petroleum ($238M), Petroleum Gas ($195M), and Packaged Medicaments ($103M), importing mostly from United States ($2.56B), China ($630M), Japan ($260M), Trinidad and Tobago ($166M), and Turkey ($164M).
What food does Jamaica export?
The main export products are sugar, bananas, rum, coffee and cocoa while the principal imports are cereals, vegetable oils, meat and dairy products.
What are 3 things the US imports?
What Are the Major U.S. Imports?
- Machinery (including computers and hardware) – $386.4 billion.
- Electrical machinery – $367.1 billion.
- Vehicles and automobiles – $306.7 billion.
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
What does Jamaica export to the USA?
Traditional exports are in the areas of agriculture, mining and manufacturing and include: bananas, citrus, coffee, cocoa and pimento; bauxite, alumina and gypsum; as well as sugar, rum and products made from citrus, coffee and cocoa.
What products does Jamaica import and export?
The main export commodities are alumina, bauxite, sugar, rum, coffee, yams, beverages, chemicals, wearing apparel and mineral fuels. The main imports are food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, construction materials machinery, and transport equipment.
What is Jamaica’s economy based on?
Jamaica: Economy
Economic Trivia | Jamaica is of the pioneering members of the CARICOM trade bloc. |
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Top Industries | Tourism; Bauxite/Alumina; Agro-Processing; Light Manufactures |
What items are manufactured in Jamaica?
Key sectors in Jamaica’s manufacturing industry include agro processing, light manufactures, rum, cement, metal, paper and chemical products. Some of the main companies operational in Jamaica include Jamaica Fibreglass, Millwood Industries Ltd, Caldoors, Jamaica Producers Group LTD and Red Stripe Beer.
What does Barbados export?
Economy of Barbados
Statistics | |
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Exports | $485.4 million (2017 est.) |
Export goods | manufactures, sugar, molasses, rum, other foodstuffs and beverages, chemicals, electrical components |
Main export partners | United States 38% Trinidad and Tobago 10.2% Guyana 5.5% Jamaica 5% China 4.8% St. Lucia 4.6% the Bahamas 3.8% (2017) |
Why does Jamaica import so much?
Given an insufficient amount of arable land, an underdeveloped food-processing sector, and a growing tourism sector, Jamaica has to import much of its food needs.
What is Jamaica’s biggest export?
The principal exports are aluminum and bauxite, which account for approximately one-third of export earnings; sugar, bananas, coffee, and other agricultural products, beverages and tobacco, and chemicals constitute most of the remainder. The United States is, by far, Jamaica’s main trading partner.
Does Jamaica import chicken?
Jamaicans are, however, one of the highest per capita consumers of chicken. Chicken is primarily produced locally due to high import duties, although necks and backs may enter duty-free.Mutton and goat imports have been growing in importance among Jamaicans, but this market is price sensitive.
What are the top 10 imports of the US and from what country?
Imports The top imports of United States are Cars ($178B), Crude Petroleum ($123B), Computers ($81.9B), Broadcasting Equipment ($81.8B), and Packaged Medicaments ($79.5B), importing mostly from China ($429B), Mexico ($361B), Canada ($314B), Japan ($134B), and Germany ($131B).
What is the US #1 Export?
Searchable List of America’s Most Valuable Export Products
Rank | US Export Product | YOY |
---|---|---|
1 | Processed petroleum oils | -30.6% |
2 | Crude oil | -23% |
3 | Cars | -18.7% |
4 | Integrated circuits/microassemblies | +10.3% |
What items are imported?
An in-depth look into India’s top 10 imported commodities
- Crude petroleum. Crude petroleum was India’s top import in 2020-21.
- Gold.
- Petroleum products.
- Coal, coke and briquettes.
- Pearl, precious and semi-precious stones.
- Electronic components.
- Telecom instruments.
- Organic chemicals.
Is Jamaica a rich country?
Jamaica’s per capita GDP is $4,747. Jamaica is one of the poorest countries in North America despite being considered an upper-middle-income country by the World Bank. Jamaica’s economy is unstable, slow, and weakened by high debt rates.
What percentage of Jamaica’s goods are imported?
52.07%
Jamaica All Products Exports and Imports
Jamaica exports of goods and services as percentage of GDP is 38.04% and imports of goods and services as percentage of GDP is 52.07%.
What does Jamaica import from Canada?
Pharmaceutical products
Jamaica Imports from Canada | Value | Year |
---|---|---|
Pharmaceutical products | $11.94M | 2019 |
Meat, fish and seafood preparations | $9.89M | 2019 |
Meat and edible meat offal | $9.71M | 2019 |
Electrical, electronic equipment | $8.20M | 2019 |
Which country does Jamaica import rice from?
Jamaica imports rice from Thailand, China, India, Vietnam, Singapore, Trinidad and Tobago, Guyana, Suriname as well as the United States. Up to 75 per cent of the rice imported comes from Guyana and Suriname.
What is Jamaica main source of revenue?
Tourism. Tourism is tied with remittances as Jamaica’s top source of revenue. The tourism industry earns over 50 percent of the country’s total foreign exchange earnings and provides about one-fourth of all jobs in Jamaica.