Net trade in goods in Jamaica
Jamaica: Net trade in goods was -4.20 billion BoP, current US$ in 2024. β Volatile
Net trade in goods in Jamaica, 1976β2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Jamaica is -4.20 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 4.5% on the previous year and down 11.7% over ten years.
Over the whole period, net trade in goods in Jamaica peaked at 81.00 million BoP, current US$ in 1978 and was at its lowest, -4.80 billion BoP, current US$, in 2008.
Jamaica ranks 144th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -11.85 million BoP, current US$ | -135.20 million BoP, current US$ | 81.00 million BoP, current US$ | 4 |
| 1980s | -359.52 million BoP, current US$ | -589.80 million BoP, current US$ | -75.50 million BoP, current US$ | 10 |
| 1990s | -795.74 million BoP, current US$ | -1.19 billion BoP, current US$ | -391.60 million BoP, current US$ | 10 |
| 2000s | -2.61 billion BoP, current US$ | -4.80 billion BoP, current US$ | -1.44 billion BoP, current US$ | 10 |
| 2010s | -3.62 billion BoP, current US$ | -4.22 billion BoP, current US$ | -2.88 billion BoP, current US$ | 10 |
| 2020s | -3.79 billion BoP, current US$ | -4.61 billion BoP, current US$ | -2.78 billion BoP, current US$ | 5 |
Countries ranked near Jamaica
- 141 Japan -3.74 billion BoP, current US$ compare
- 142 North Macedonia -3.80 billion BoP, current US$ compare
- 143 Mauritius -3.98 billion BoP, current US$ compare
- 145 Montenegro -4.24 billion BoP, current US$ compare
- 146 Latvia -4.49 billion BoP, current US$ compare
- 147 Palestine, State of -4.83 billion BoP, current US$ compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0046 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 217.65 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 158.93 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0063 (2025)
- Gdp worldbank constant usd, annual growth rate 0.082 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.763 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,106 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is net trade in goods in Jamaica?
- Net trade in goods in Jamaica was -4.20 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Jamaica?
- The highest recorded value was 81.00 million BoP, current US$ in 1978.
- What is the lowest net trade in goods recorded in Jamaica?
- The lowest recorded value was -4.80 billion BoP, current US$ in 2008.
- How does Jamaica rank for net trade in goods?
- Jamaica ranks 144th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Jamaica?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.