2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Jamaica-Belize Trade: In 2022, Jamaica exported $3.13M to Belize. The main products that Jamaica exported to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). Over the past 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 14.1%, from $6.68M in 2017 to $3.13M in 2022.

In 2022, Jamaica did not export any services to Belize.

Belize-Jamaica Trade: In 2022, Belize exported $14.9M to Jamaica. The main products that Belize exported to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). Over the past 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%,  from $16.4M in 2017 to $14.9M in 2022.

In 2022, Belize did not export any services to Jamaica.

Comparison In 2022,  Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17),  and 145 in total exports ($1.95B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $3.13M to Belize. The main products exported from Jamaica to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). During the last 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 14.1%, from $6.68M in 2017 to $3.13M in 2022.

In 2017, Belize exported $14.9M to Jamaica. The main products exported from Belize to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). During the last 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%, from $16.4M in 2022 to $14.9M in 2017.

Exports from Jamaica (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Belize
Top Destination
United States$86.5M

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 2022, countries that imported more from Jamaica than Belize included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

In 2022, countries that imported more from Belize than Jamaica included Guatemala ($39.2M), Spain ($28.7M), and Honduras ($19.9M).

Difference in imports from Belize (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Belize

Flow
Scale

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

During 2022, Jamaica had a large net trade with Belize in the exports of Foodstuffs ($2.21M), Chemical Products ($713k), and Paper Goods ($87.8k).

During 2017, Belize had a large net trade with Jamaica in the exports of Foodstuffs ($7.47M), Vegetable Products ($3.66M), and Stone And Glass ($930k).

Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and Belize (Flag) (2022)

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