Jamaica (JAM) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Jamaica-Canada Trade: In 2022, Jamaica exported $127M to Canada. The main products that Jamaica exported to Canada were Aluminium Oxide ($30.8M), Hard Liquor ($10.2M), and Other Processed Fruits and Nuts ($8.73M). Over the past 5 years the exports of Jamaica to Canada have decreased at an annualized rate of 1.04%, from $133M in 2017 to $127M in 2022.

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

Canada-Jamaica Trade: In 2022, Canada exported $96.8M to Jamaica. The main products that Canada exported to Jamaica were Packaged Medicaments ($17M), Processed Fish ($10.1M), and Wheat ($9.36M). Over the past 5 years the exports of Canada to Jamaica have increased at an annualized rate of 6.55%, from $70.5M in 2017 to $96.8M in 2022.

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Comparison: In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $127M to Canada. The main products exported from Jamaica to Canada were Aluminium Oxide ($30.8M), Hard Liquor ($10.2M), and Other Processed Fruits and Nuts ($8.73M). During the last 5 years the exports of Jamaica to Canada have decreased at an annualized rate of 1.04%, from $133M in 2017 to $127M in 2022.

In 2017, Canada exported $96.8M to Jamaica. The main products exported from Canada to Jamaica were Packaged Medicaments ($17M), Processed Fish ($10.1M), and Wheat ($9.36M). During the last 22 years the exports of Canada to Jamaica have increased at an annualized rate of 6.55%, from $70.5M in 1995 to $96.8M in 2017.

Exports from Jamaica () to Canada () (2022)

Exports from Canada () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Canada ()

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Jamaica than Canada included Cayman Islands ($26.5M), Antigua and Barbuda ($26.1M), and Saint Kitts and Nevis ($12.5M).

In 2022, countries that imported more from Canada than Jamaica included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Jamaica - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Canada in the exports of Foodstuffs ($39.8M), Chemical Products ($31M), and Vegetable Products ($6.51M).

During 2017, Canada had a large net trade with Jamaica in the exports of Animal Products ($23.8M), Chemical Products ($23.5M), and Foodstuffs ($22.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Canada+$5.51MRefined Petroleum

Top Product Potential Canada Jamaica+$5.21MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Can Year

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Jamaica () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Canada () (2022)

Exports from Canada () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Canada ()

Canada Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Canada

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Canada () to Jamaica () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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