Key Market Indicators
Jamaican Clothing Accessories Trade Balance recorded a sharp decrease of $45,230 in 2021, from $46,050 in 2020. Jamaican Clothing Accessories exports are set to reach nearly $6 billion by 2026, growing at an average annual rate of 4.2%. This growth rate is 13.6% higher than it was in 2018. Jamaica currently holds the 61st place in the global ranking of export countries, with Luxembourg at the top with $4.5 billion. The United States, Belgium and Malaysia were respectively in the 2nd, 3rd and 4th places. Meanwhile, imports of clothing accessories in Jamaica decreased by 60.4% in 2021 to reach $20.02 billion, from $50.52 billion in 2020. Since 1996, demand for these products has decreased by 32.1% year on year. The trade balance of clothing accessories in Jamaica decreased significantly in 2021 to $45.23 billion from $46.05 billion in 2020.
Jamaica Clothing Accessories Market Data and Forecasts
What is the size of the Jamaican Clothing Accessories Market in 2022?
How much will Jamaica Clothing Accessories Market grow to 2026?
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