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2022
Flag → Flag
Exports $1.87MRnk 53 / 157
2022
Flag → Flag
Top Product $677kHard Liquor
2022
Flag → Flag
Exports $116kRnk 11 / 89
2022
Flag → Flag
Top Product $601kOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Jamaica-Bermuda Trade: In 2022, Jamaica exported $1.87M 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 decreased at an annualized rate of 10.5%, from $3.27M in 2017 to $1.87M in 2022.

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

Bermuda-Jamaica Trade: In 2022, Bermuda exported $893k 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 decreased at an annualized rate of 1.38%,  from $957k in 2017 to $893k 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
Value

In 2022, Jamaica exported $1.87M 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 decreased at an annualized rate of 29.8%, from $3.09M in 2017 to $1.87M in 2022.

In 2017, Bermuda exported $893k 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 5 years the exports of Bermuda to Jamaica have decreased at an annualized rate of 3.99%, from $95.2k in 2022 to $893k in 2017.

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

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

Latest Data

Trade between Jamaica (Flag) and Bermuda (Flag)

Bermuda Exports

Date

Market Competitiveness

Color
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 (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Bermuda

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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