Fastest-Growing Jamaican Export Products

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Jamaican beach

All 15 of Jamaica’s fastest-growing export products increased in value by over 150% from 2011 to 2015. Gains ranged from 168.9% for Jamaica’s oil seeds shipments to 20,200% for exported cotton from the island nation.

Overall, Jamaican exports declined by an average -31.8% over the 5-year period.

Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering opportunities at the 4, 6, 8 and 10-digit code levels.

Fastest-Growing Jamaican Export Products

Listed below in descending order are the fastest-growing Jamaican export products. Shown within parentheses is the percentage increase in a product category’s exports from 2011 to 2015.

  1. Cotton: Up by 20,200% (US$203,000)
  2. Felt, yarn, twine, cordage: Up by 6,500% ($132,000)
  3. Raw hides, skins not furskins, leather: Up by 800% ($9,000)
  4. Aluminum: Up by 659.6% ($5.9 million)
  5. Other animal-origin products: Up by 500% ($12,000)
  6. Other textiles, worn clothing: Up by 483.1% ($484,000)
  7. Iron or steel scrap: Up by 407.4% ($137,000)
  8. Tobacco: Up by 335.1% ($335,000)
  9. Aircraft, spacecraft: Up by 327.5% ($389,000)
  10. Zinc: Up by 307.7% ($53,000)
  11. Salt, sulphur, stone, cement: Up by 298.9% ($371,000)
  12. Copper: Up by 289.8% ($5.4 million)
  13. Salt, sulphur, stone, cement: Up by 252.7% ($10.3 million)
  14. Rubber, rubber articles: Up by 189% ($3.3 million)
  15. Oil seed: Up by 168.9% ($1.4 million)

 
Raw uncarded and uncombed cotton was the major contributor to Jamaica’s fastest-growing export product category, cotton.

Sales of miscellaneous non-woven yarn were the top gainers for the second-place felt, yarn, twine and cordage category.

Further prepared leather, including parchment-dressed leather, led the raw hides, non-furskin skins and leather category to its third-place finish.

Aluminum waste and scrap had by far the top sales increase for Jamaica’s exported aluminum.

See also Jamaica’s Top 10 Exports, Cuba’s Top 10 Exports and Sugar Exports by Country

Research Sources:
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on August 19, 2016

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on August 19, 2016