2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

United Kingdom-Jamaica Trade: In 2022, United Kingdom exported $71.1M to Jamaica. The main products that United Kingdom exported to Jamaica were Cars ($5.71M), Large Construction Vehicles ($4.48M), and Plastic Lids ($3.58M). Over the past 5 years the exports of United Kingdom to Jamaica have decreased at an annualized rate of 7.06%, from $103M in 2017 to $71.1M in 2022.

In 2022, United Kingdom did not export any services to Jamaica.

Jamaica-United Kingdom Trade: In 2022, Jamaica exported $70.8M to United Kingdom. The main products that Jamaica exported to United Kingdom were Vermouth ($22.6M), Hard Liquor ($13.9M), and Refined Petroleum ($7.19M). Over the past 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 6.85%,  from $50.8M in 2017 to $70.8M in 2022.

In 2022, Jamaica did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $71.1M to Jamaica. The main products exported from United Kingdom to Jamaica were Cars ($5.71M), Large Construction Vehicles ($4.48M), and Plastic Lids ($3.58M). During the last 5 years the exports of United Kingdom to Jamaica have decreased at an annualized rate of 7.06%, from $103M in 2017 to $71.1M in 2022.

In 2017, Jamaica exported $70.8M to United Kingdom. The main products exported from Jamaica to United Kingdom were Vermouth ($22.6M), Hard Liquor ($13.9M), and Refined Petroleum ($7.19M). During the last 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 6.85%, from $50.8M in 2022 to $70.8M in 2017.

Exports from United Kingdom (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Jamaica
Top Destination
United States$1.11B

This map shows whether countries import more from United Kingdom or Jamaica. Each country is colored based on the difference in imports they receive from United Kingdom and Jamaica or the difference in the growth in imports.

In 2022, countries that imported more from United Kingdom than Jamaica included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Jamaica than United Kingdom included Haiti ($22.5M), Saint Kitts and Nevis ($12.5M), and Saint Martin ($3.29M).

Difference in imports from Jamaica (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Jamaica

Flow
Scale

This chart compares trade between United Kingdom and Jamaica by product, considering products traded by both, United Kingdom and Jamaica.

During 2022, United Kingdom had a large net trade with Jamaica in the exports of Machines ($15.5M), Foodstuffs ($9.67M), and Transportation ($9.58M).

During 2017, Jamaica had a large net trade with United Kingdom in the exports of Foodstuffs ($54.5M), Mineral Products ($7.19M), and Vegetable Products ($5.68M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Jamaica+$5.65MCars
Top Product Potential Jamaica United Kingdom+$10.6MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Jamaica. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Jamaica (Flag) (2022)

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