Flag Jamaica / Belize Flag

2020
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Exports
: $4.95M, Rnk 25 / 145

2020
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Top Product
: $936k, Hard Liquor

2020
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Exports
: $12.2M, Rnk 8 / 118

2020
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Top Product
: $6.73M, Fruit Juice

2020
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Economic Complexity (ECI)
: ECI -0.37, Rnk 76 / 127

2020
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GDP
: $13.8B, CURRENT US$
Rnk 129 / 204

2010-2020
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GDP GROWTH
: 4.48%, CURRENT US$
Rnk 152 / 204

2020
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 GDP
: $1.59B, CURRENT US$
Rnk 182 / 204

2010-2020
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GDP GROWTH
: 14.2%, CURRENT US$
Rnk 134 / 204

2020
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GDP PC 
: $4,665, CURRENT US$
Rnk 114 / 204

2010-2020
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GDP PC GROWTH
: -0.84%, CURRENT US$
Rnk 145 / 204

2020
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GDP PC
: $3,988, CURRENT US$
Rnk 128 / 204

2010-2020
Flag
GDP PC GROWTH
: -7.35%, CURRENT US$
Rnk 161 / 204

Jamaica-Belize In 2020, Jamaica exported $4.95M to Belize. The main products that Jamaica exported to Belize are Hard Liquor ($936k), Sausages ($755k), and Nonaqueous Paints ($463k). During the last 25 years the exports of Jamaica to Belize have increased at an annualized rate of 0.46%, from $4.42M in 1995 to $4.95M in 2020.

In 2020, Jamaica did not export any services to Belize.

Belize-Jamaica In 2020, Belize exported $12.2M to Jamaica. The main products that Belize exported to Jamaica were Fruit Juice ($6.73M), Dried Legumes ($1.54M), and Crustaceans ($1.42M). During the last 25 years the exports of Belize to Jamaica have increased at an annualized rate of 7.42%, from $2.03M in 1995 to $12.2M in 2020.

In 2020, Belize did not export any services to Jamaica.

Comparison In 2020,  Jamaica ranked 76 in the Economic Complexity Index (ECI -0.37),  and 147 in total exports ($1.31B). That same year, Belize ranked 170 in total exports ($384M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Jamaica exported $4.95M to Belize. The main products exported from Jamaica to Belize were Hard Liquor ($936k), Sausages ($755k), and Nonaqueous Paints ($463k). During the last 25 years the exports of Jamaica to Belize have increased at an annualized rate of 0.46%, from $4.42M in 1995 to $4.95M in 2020.

In 2020, Belize exported $12.2M to Jamaica. The main products exported from Belize to Jamaica were Fruit Juice ($6.73M), Dried Legumes ($1.54M), and Crustaceans ($1.42M). During the last 25 years the exports of Belize to Jamaica have increased at an annualized rate of 7.42%, from $2.03M in 1995 to $12.2M in 2020.

Belize Exports

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Market Competitiveness

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Measure

Jamaica
Top Destination
: United States, $547M

Belize
Top Destination
: Seychelles, $100M

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

In 2019, countries that imported more from Jamaica than Belize were United States ($547M), Canada ($110M), and Netherlands ($91.7M).

In 2019, countries that imported more from Belize than Jamaica were Seychelles ($100M), Ireland ($17.6M), and Mexico ($12.7M).

Comparative Advantage Jamaica - Belize

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Flow

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

During 2020, Jamaica had a large net trade with Belize in the exports of Foodstuffs ($2.91M), Chemical Products ($1.26M), and Animal Products ($216k).

During 2020, Belize had a large net trade with Jamaica in the exports of Foodstuffs ($6.78M), Vegetable Products ($2.84M), and Animal Products ($1.42M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Jamaica has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over Jamaica.