Jamaica - Country Commercial Guide
Machinery and Transport Equipment

This is a best prospect industry sector for this country.  Includes a market overview and trade data.

Last published date: 2021-08-14

Overview

U.S. brands enjoy significant goodwill in the Jamaican market, underpinned by a long tradition of safety and quality.  However, Jamaicans are increasingly price sensitive, leading to a diversion of trade to cheaper competitors.  This notwithstanding, machinery built in the U.S. remains visible at construction sites, large farms, and industrial facilities and until the onset of the COVID-19 pandemic there was an uptick in imports from the United States.  There is still a strong market for telecommunications and data related products, batteries, and electrical components.  Right-handed vehicles out of Japan and Europe continue to dominate the market, but the United States remains a major source market for auto parts and accessories.  Jamaicans have been slow to transition to electric vehicles (EV) due to the absence of an enabling environment and the requisite infrastructure.  However, earlier this year, government announced it had concluded a review of the fiscal regime to develop Jamaica’s e-mobility architecture.  Since then, the electricity utility company and an energy producer have installed charging stations, which could drive demand for electric vehicles. 

Machinery & Transport Equipment ($M)

2017

2018

2019

2020

Total Local Production

N/A

N/A

N/A

N/A

Total Exports

33

 20

24

14.9

Total Imports

1,262

 1,421

1,464

1,111.9

Imports from the US

492

 520

506

384.2

Total Market Size

N/A

N/A

N/A

N/A

Exchange Rates

128.36

129.72

134.22

143.27

(total market size = (total local production + imports) – exports); *N/A indicates no data are available

Source: STATIN

Leading Sub-Sectors

Best prospects include rims, shock absorbers, clutch and brake parts, tires, and general accessories.

Opportunities

Jamaican authorities monitor the quality of the imports and this scrutiny increases opportunities for new higher quality aftermarket auto parts.  The increasing use of liquified natural gas (LNG) and renewables in the energy mix and the emergence of e-mobility could also provide additional opportunities for products associated with  energy and transportation industries.