Jamaica (JAM) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Jamaica-Bermuda Trade: In 2022, Jamaica exported $3.27M to Bermuda. The main products that Jamaica exported to Bermuda were Hard Liquor ($677k), Limestone ($132k), and Vermouth ($123k). Over the past 5 years the exports of Jamaica to Bermuda have increased at an annualized rate of 31.5%, from $831k in 2017 to $3.27M in 2022.

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

Bermuda-Jamaica Trade: In 2022, Bermuda exported $957k to Jamaica. The main products that Bermuda exported to Jamaica were Other Edible Preparations ($601k), Hard Liquor ($221k), and Other Measuring Instruments ($20.5k). Over the past 5 years the exports of Bermuda to Jamaica have increased at an annualized rate of 119%, from $19k in 2017 to $957k in 2022.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $3.27M to Bermuda. The main products exported from Jamaica to Bermuda were Hard Liquor ($677k), Limestone ($132k), and Vermouth ($123k). During the last 5 years the exports of Jamaica to Bermuda have increased at an annualized rate of 31.5%, from $831k in 2017 to $3.27M in 2022.

In 2017, Bermuda exported $957k to Jamaica. The main products exported from Bermuda to Jamaica were Other Edible Preparations ($601k), Hard Liquor ($221k), and Other Measuring Instruments ($20.5k). During the last 21 years the exports of Bermuda to Jamaica have increased at an annualized rate of 119%, from $19k in 1996 to $957k in 2017.

Exports from Jamaica () to Bermuda () (2022)

Exports from Bermuda () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Bermuda ()

Bermuda Exports

Date

Feb 2018

Jan 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Bermuda
Top DestinationZambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Jamaica included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

Difference in imports from Bermuda () and Jamaica () (2022)

Comparative Advantage Jamaica - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Bermuda in the exports of Foodstuffs ($1.24M), Mineral Products ($208k), and Vegetable Products ($116k).

During 2017, Bermuda had a large net trade with Jamaica in the exports of Foodstuffs ($822k), Instruments ($21.4k), and Stone And Glass ($10.5k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Bermuda () (2022)

Exports from Bermuda () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Bermuda ()

Bermuda Exports

Market Competitiveness

Difference in imports from Bermuda () and Jamaica () (2022)

Comparative Advantage Jamaica - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Bermuda () (2022)

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