What does Jamaica import the most?

What does Jamaica import the most?

Jamaica mainly imports oil, ethanol, wheat, lye, electronic appliances, vehicles, metals and rice. Jamaica’s main imports partner is the United States (42 percent of total imports). Other imports partners include Venezuela, Trinidad & Tobago, China, Brazil, Japan, Canada, the United Kingdom and Mexico.

What does Jamaica need to import?

Jamaica’s main imports are food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment and construction materials.

Why does Jamaica import food?

Given an insufficient amount of arable land, an underdeveloped food-processing sector, and a growing tourism sector, Jamaica has to import much of its food needs.

What does Jamaica import and export?

The main export commodities are alumina, bauxite, sugar, rum, coffee, yams, beverages, chemicals, wearing apparel and mineral fuels. The main imports are food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, construction materials machinery, and transport equipment.

Where does Jamaica import food from?

In 2019, the top partner countries from which Jamaica Imports Food Products include United States, Trinidad and Tobago, Netherlands, Mexico and Canada.

What does Jamaica import from the United States?

Imports The top imports of Jamaica are Refined Petroleum ($836M), Cars ($332M), Crude Petroleum ($238M), Petroleum Gas ($195M), and Packaged Medicaments ($103M), importing mostly from United States ($2.56B), China ($630M), Japan ($260M), Trinidad and Tobago ($166M), and Turkey ($164M).

What food does Jamaica import?

The main products imported by Jamaica included wheat, corn, rice, soybean meal, soybean oil, vegetable oils (excluding soybean), refined sugar. In some cases, food processors have agreements with local producers that supply their inputs.

Why do we import goods?

Imports are important for the economy because they allow a country to supply nonexistent, scarce, high cost or low quality of certain products or services, to its market with products from other countries. Also smuggled goods must be included in the import measurement.

What are Jamaica major imports and exports?

The most recent imports of Jamaica are led by Refined Petroleum ($836M), Cars ($332M), Crude Petroleum ($238M), Petroleum Gas ($195M), and Packaged Medicaments ($103M). The most common import partners for Jamaica are United States ($2.56B), China ($630M), Japan ($260M), Trinidad and Tobago ($166M), and Turkey ($164M).

What fruits and vegetables can be imported to Jamaica?

Importation of particular fruits (apples, pears, strawberries, plums, kiwis) and vegetables (broccoli, asparagus, spinach) will continue to grow because very small (if any) areas in Jamaica are suitable for producing these crops.

What are the biggest imports in Jamaica?

Imports of these products are expected to be strong as Jamaican demand for poultry is high, with chicken remaining the primary source of protein. Importation of fruits and vegetables continues to be popular, as demand within the hotel/restaurant and retail sectors remain high.

Why buy US Food Products in Jamaica?

Grocery stores across Jamaica carry a wide range of U.S. brands and hoteliers in Jamaica’s tourist centers routinely purchase U.S. food products to satisfy guests’ expectations. Jamaica’s agriculture policy seeks to diversify the production of agricultural goods to build self-sufficiency, promote exports, and service the growing tourism industry.

Why invest in the food and beverage industry in Jamaica?

Jamaica’s agriculture (food and beverage) market represents good business opportunities for United States suppliers, particularly since the island’s tropical climate and diversified topography incentivize the production of crops that differ largely from those grown in the cooler climates of the United States.