Fastest-Growing Jamaican Export Products

Jamaican beach

Jamaican beach

The following analysis highlights Jamaica’s fastest-growing exported goods and is based on data for 2015. For more recent research statistics, please see the main article Jamaica’s Top 10 Exports.

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.

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