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Trade Data - Jamaica-EU

The below table tracks imports and exports between Jamaica and the EU over a period of ten years. Note that from 2009, Jamaica has seen a persistent trade deficit with the EU. According to the Ministry of Foreign Affairs and Foreign Trade the reasons for this deficit include:

  • The prolonged effect of the global economic crisis;

  • The fall in alumina exports to EU;

  • The significant fall in raw cane sugar prices in the EU market during the period under review;

  • The discontinued export of bananas to the EU since 2005.

YEAR IMPORTS DOMESTIC EXPORTS RE-EXPORTS BALANCE OF TRADE (US$)
2004 316,958,775 453,051,330 1,182,267 137,274,822
2005 354,212,121 455,933,152 1,962,652 103,683,683
2006 345,505,698 340,957,219 1,569,928 -2,978,551
2007 453,135,187 577,833,618 14,789,311 139,487,742
2008 464,050,844 710,999,229 10,312,386 257,260,771
2009 369,471,057 227,814,377 5,277,098 -136,379,582
2010 354,822,015 166,839,508 6,131,331 -181,851,176
2011 399,146,129 262,388,324 5,316,687 -131,441,118
2012 377,536,154 334,400,610 12,965,782 -30,169,762
2013 366,850,670 284,803,772 560,619 -76,126,279
2014 428,186,211 266,746,102 9,818,728 -151,621,381

 

Jamaica EU Trade Information

Germany, Belgium, Spain, United Kingdom, France, Netherlands and Italy, Alumina, Raw Cane Sugar, Rum, Stout, Beer Made From Malt, Ackee, Sweet Potatoes, Yam and Fruits, Motor Vehicles, Passenger Type Public Transport, Medicaments, Chemicals, Machinery and Equipment

Resources

 

EPA Implementation Status in Jamaica

 

10 Benefits of Trade

 

 

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Bureau of Standards Jamaica
6 Winchester Road, Kingston 10, Jamaica
Tel: (876) 618-1534, (876) 632-4275

Email: info@bsj.org.jm