Jamaica | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Jamaica totalled $ 867 million in 2023. Sales of commodity group 27 from Jamaica decreased by 15.8% in value terms compared to 2022. exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 163 million (cumulative exports of commodity group 27 from Jamaica amounted $1.03 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 43% of total exports from Jamaica (cumulative merchandise exports from Jamaica totalled $ 2 billion in 2023). The share of commodity group 27 in total exports from Jamaica decreased by 10.9 p.p. compared to 2022 (it was 54% in 2022 and cumulative exports from Jamaica were equal to $ 1.9 billion).
Where does Jamaica export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Jamaica in 2023:
- USA with a share of 80% (696 million US$)
- Guyana with a share of 3.99% (34 million US$)
- Haiti with a share of 3.66% (31 million US$)
- Costa Rica with a share of 1.54% (13.3 million US$)
- Israel with a share of 1.49% (12.9 million US$)
- Panama with a share of 1.3% (11.2 million US$)
- Barbados with a share of 1.18% (10.3 million US$)
- United Kingdom - 7.98 million US$
- Cuba - 6.71 million US$
- Suriname - 5.81 million US$
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Jamaica in 2023 represented by the following main commodity groups:
- 72% (625 million US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 27% (239 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.235% (2.04 million US$): 2716 - Electrical energy. (optional heading)
- 0.019% (173 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0% (8.26 thousand US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0% (759 US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Jamaica totalled $ 2.04 billion in 2023. Sales of commodity group 27 to Jamaica decreased by 14.2% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 339 million (the value of imports of commodity group 27 to Jamaica was equal to $2.37 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 26% of total import flow to Jamaica (in 2023, total imports to Jamaica amounted to $ 7.59 billion). The share of commodity group 27 in total imports to Jamaica decreased by 3.9 p.p. compared to 2022 (it was 30% in 2022 and cumulative imports to Jamaica were equal to $ 7.73 billion).
Where does Jamaica import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Jamaica in 2023:
- USA with a share of 56% (1.14 billion US$)
- Brazil with a share of 13.1% (267 million US$)
- Colombia with a share of 10.5% (215 million US$)
- Nigeria with a share of 7.87% (160 million US$)
- Russia with a share of 4.92% (100 million US$)
- Barbados with a share of 3.31% (67 million US$)
- Trinidad and Tobago with a share of 1.67% (34 million US$)
- Marshall Islands - 18.3 million US$
- Dominican Republic - 10.6 million US$
- El Salvador - 3.94 million US$
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Jamaica in 2023 represented by the following main commodity groups:
- 52% (1.07 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 23% (486 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 22% (458 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.509% (10.4 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.293% (5.97 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.042% (864 thousand US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.025% (521 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.021% (448 thousand US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.004% (101 thousand US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.001% (24 thousand US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
