Jamaica (JAM) and Belize (BLZ) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

Belize Exports

Date

Market Competitiveness

Measure

SectionYear

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

Flow

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Belize Exports

Market Competitiveness

Comparative Advantage Jamaica - Belize

Economic Complexity

Competitive Landscape

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