Durrant Pate/Contributor

For the 2025 calendar year, Jamaica’s total exports amounted to US$ 1.65 billion, which is 13.4 per cent lower than the US$1.90 billion earned in the prior year of 2024.

At the same time, imports continued to grow, closing the year at US$7.52 billion, up from the US$7.28 billion recorded in 2024. Jamaica’s 2025 International Merchandise Trade Bulletin, released by the Statistical Institute of Jamaica (STATIN), shows the contraction in exports being driven by a 20.4 per cent fall in the value of Crude Materials (Excl. Fuels).

For 2025, the Export to Import Coverage ratio, which measures the proportion of imports financed by export earnings, was 22.0 per cent compared to 26.2 per cent in 2024. That is, for every US$1.00 spent on imports in 2025, only US$0.22 was earned from exports.

The value of Jamaica’s total spending on imports increased by 3.2 per cent to US$7.52 billion, up from US$7.28 billion. This was driven by increased imports of Raw Material/Intermediate Goods and Consumer Goods, which increased by 10.5 per cent and 6.2 per cent, respectively.

Main Trading Partners

The five main import trading partners for January to December 2025 were the United States of America (USA), China, Brazil, Japan and Trinidad & Tobago. Expenditure on imports of goods from these countries amounted to US$4.68 billion; an increase of 5.0 per cent when compared to US$4.45 billion earned in 2024. 

The top five destinations for Jamaica’s exports were the USA, the Russia Federation, Iceland, Canada and the Netherlands. Revenues from exports to these countries declined by 20.0 per cent to US$1.42 billion.