For the period January to April 2026, Jamaica’s trade deficit widened even further, with imports surging to US$2.50 billion, while earnings from total exports were valued at US$547.4 million.
The International Trade Bulletin published by the Statistical Institute of Jamaica (STATIN) shows the value of imports increasing by 0.9 per cent compared to US$2.47 billion in the corresponding 2025 period. This increase was driven by higher expenditure on Raw Materials/ Intermediate Goods and Capital Goods (excl. Motor Cars), which grew by 5.6 per cent and 7.7 per cent, respectively.
Total exports for the January to April 2026 period were 10.6 per cent lower than the US$612.5 million earned in the similar 2025 review period. This decline was primarily due to a 41.2 per cent fall in the value of Crude Materials (Excl. Fuels).
Main Trading Partners
The five main import trading partners for the period January to April 2026 were the United States of America, China, Brazil, Japan and Trinidad and Tobago. Expenditure on imports of goods from these countries amounted to US$1.64 billion, reflecting an increase of 8.9 per cent compared to US$1.51 billion recorded for January to April 2025.
The top five destinations for Jamaica’s exports were the USA, the Russian Federation, the Netherlands, Canada and the United Kingdom. Export revenues from these countries increased by 3.0 per cent to US$415.9 million, up from US$403.8 million earned in 2025.
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