This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 8/6/2019

Overview

The United States now provides Jamaica with over 25 percent of its mineral fuels, lubricants, and related materials needs.

 

Mineral, Lubricants & Related Materials ($M)

2015

2016

2017

2018

Total Local Production

N/A*

N/A

N/A

N/A

Total Exports

194

173

234

 280

Total Imports

1,177

958

1,423

 1,607

Imports from the US

399

332

645

 774

Total Market Size

N/A

N/A

N/A

N/A

Exchange Rates

116.68

125.14

128.36

 129.72

(total market size = (total local production + imports) - exports)
Source: STATIN
*N/A indicates no data is available
 

Leading Sub-Sectors

Best prospects in this category include lubricating oils, motor spirits (gasoline), and other liquid petroleum products.
 

Opportunities

With Jamaica in the process of developing its Integrated Resource Plan (IRP) which is expected to set the foundation for increased electricity generation from renewable energy sources, the country is a growing market for renewable energy products. 
 

Web Resources

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.