Top Export Trading Partners of Jamaica - Volza

Jamaica's primary export trading partners in 2023 are the United States (42% of exports, $700 million), Canada (15%, $250 million), the United Kingdom (10%, $167 million), the Netherlands (8%, $133 million), and Germany (6%, $100 million).

Key exports to these countries include alumina, bauxite, rum, coffee, and sugar. Trade agreements such as the Caribbean Basin Trade Partnership Act (CBTPA) with the United States and the Economic Partnership Agreement (EPA) with the European Union facilitate smoother trade flows by reducing trade barriers and enhancing economic cooperation.

Jamaica's GDP growth rate stands at 2.5%, with an inflation rate of 5.8% in 2023, which impacts its export dynamics and trade policies. Strategic incentives, government support for the agricultural and mining sectors, and logistical advantages, including major ports like Kingston, promote a robust trade relationship. These factors make Jamaica a crucial export market for these partners. The country's focus on diversified exports and sustainable growth significantly influences its export landscape.