Jamaica (JAM) and Barbados (BRB) Trade | The Observatory of Economic Complexity

About

Jamaica-Barbados Trade: In 2022, Jamaica exported $16.1M to Barbados. The main products that Jamaica exported to Barbados were Refined Petroleum ($12.2M), Poultry Meat ($1.94M), and Other Prepared Meat ($1.66M). Over the past 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 6%, from $12M in 2017 to $16.1M in 2022.

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

Barbados-Jamaica Trade: In 2022, Barbados exported $38.6M to Jamaica. The main products that Barbados exported to Jamaica were Crude Petroleum ($13.3M), Alcohol > 80% ABV ($6.73M), and Small Iron Containers ($4.44M). Over the past 5 years the exports of Barbados to Jamaica have increased at an annualized rate of 15.3%, from $19M in 2017 to $38.6M in 2022.

In 2022, Barbados 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, Barbados ranked 176 in total exports ($393M), 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 $16.1M to Barbados. The main products exported from Jamaica to Barbados were Refined Petroleum ($12.2M), Poultry Meat ($1.94M), and Other Prepared Meat ($1.66M). During the last 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 6%, from $12M in 2017 to $16.1M in 2022.

In 2017, Barbados exported $38.6M to Jamaica. The main products exported from Barbados to Jamaica were Crude Petroleum ($13.3M), Alcohol > 80% ABV ($6.73M), and Small Iron Containers ($4.44M). During the last 21 years the exports of Barbados to Jamaica have increased at an annualized rate of 15.3%, from $19M in 1996 to $38.6M in 2017.

Exports from Jamaica () to Barbados () (2022)

Exports from Barbados () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Jamaica than Barbados included United States ($1.11B), Russia ($99.7M), and United Kingdom ($70.8M).

In 2022, countries that imported more from Barbados than Jamaica included Poland ($23.1M), Saint Lucia ($20.8M), and Trinidad and Tobago ($33.8M).

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

Comparative Advantage Jamaica - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Barbados in the exports of Mineral Products ($12.4M), Foodstuffs ($7.46M), and Animal Products ($3.42M).

During 2017, Barbados had a large net trade with Jamaica in the exports of Mineral Products ($14.7M), Foodstuffs ($13M), and Chemical Products ($6.14M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Barbados () (2022)

Exports from Barbados () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Barbados ()

Barbados Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Barbados

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring