2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Jamaica-Cuba Trade: In 2022, Jamaica exported $2.2M to Cuba. The main products that Jamaica exported to Cuba were Aluminium Oxide ($1.19M), Gravel and Crushed Stone ($785k), and Flavored Water ($406k). Over the past 5 years the exports of Jamaica to Cuba have increased at an annualized rate of 19.1%, from $916k in 2017 to $2.2M in 2022.

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

Cuba-Jamaica Trade: In 2022, Cuba exported $3.07M to Jamaica. The main products that Cuba exported to Jamaica were Plastic Pipes ($595k), Industrial Food Preperation Machinery ($42.2k), and Ice Cream ($33.5k). Over the past 5 years the exports of Cuba to Jamaica have increased at an annualized rate of 9.52%,  from $1.95M in 2017 to $3.07M in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $2.2M to Cuba. The main products exported from Jamaica to Cuba were Aluminium Oxide ($1.19M), Gravel and Crushed Stone ($785k), and Flavored Water ($406k). During the last 5 years the exports of Jamaica to Cuba have increased at an annualized rate of 19.1%, from $916k in 2017 to $2.2M in 2022.

In 2017, Cuba exported $3.07M to Jamaica. The main products exported from Cuba to Jamaica were Plastic Pipes ($595k), Industrial Food Preperation Machinery ($42.2k), and Ice Cream ($33.5k). During the last 21 years the exports of Cuba to Jamaica have increased at an annualized rate of 9.52%, from $1.95M in 1996 to $3.07M in 2017.

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

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

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Jamaica included China ($426M), Spain ($139M), and Germany ($58.5M).

Difference in imports from Cuba (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Cuba

Flow
Scale

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

During 2022, Jamaica had a large net trade with Cuba in the exports of Chemical Products ($1.22M), Mineral Products ($861k), and Foodstuffs ($528k).

During 2017, Cuba had a large net trade with Jamaica in the exports of Plastics and Rubbers ($595k), Foodstuffs ($65.1k), and Machines ($50.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Cuba+N/AN/A
Top Product Potential Cuba Jamaica+N/AN/A

N/A

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with