2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 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
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

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
Value

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 (Flag) to Barbados (Flag) (2022)

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

Latest Data

Trade between Jamaica (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Barbados
Top Destination
United 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 (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Barbados

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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