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2023
Flag → Flag
Exports $93.9MRnk 5 / 150
2023
Flag → Flag
Top Product $32.8MHard Liquor
2023
Flag → Flag
Exports $105MRnk 108 / 223
2023
Flag → Flag
Top Product $16.4MCars
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Jamaica-United Kingdom Trade: In 2023, Jamaica exported $93.9M to United Kingdom. The main products that Jamaica exported to United Kingdom were Hard Liquor ($32.8M), Other Fermented Beverages ($20.5M), and Refined Petroleum ($7.98M). Over the past 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 7.98%, from $64M in 2018 to $93.9M in 2023.

In 2023, Jamaica did not export any services to United Kingdom.

United Kingdom-Jamaica Trade: In 2023, United Kingdom exported $105M to Jamaica. The main products that United Kingdom exported to Jamaica were Cars ($16.4M), Packaged Medicaments ($7.75M), and Large Construction Vehicles ($5.92M). Over the past 5 years the exports of United Kingdom to Jamaica have increased at an annualized rate of 3.73%,  from $87.8M in 2018 to $105M in 2023.

In 2023, United Kingdom did not export any services to Jamaica.

Comparison: In 2023,  Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $93.9M to United Kingdom. The main products exported from Jamaica to United Kingdom were Hard Liquor ($32.8M), Other Fermented Beverages ($20.5M), and Refined Petroleum ($7.98M). During the last 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 7.98%, from $64M in 2018 to $93.9M in 2023.

In 2018, United Kingdom exported $105M to Jamaica. The main products exported from United Kingdom to Jamaica were Cars ($16.4M), Packaged Medicaments ($7.75M), and Large Construction Vehicles ($5.92M). During the last 5 years the exports of United Kingdom to Jamaica have increased at an annualized rate of 3.73%, from $87.8M in 2023 to $105M in 2018.

Exports from Jamaica (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Jamaica (Flag) (2023)

Latest Data

Trade between Jamaica (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Jamaica than United Kingdom included Haiti ($32.1M), Cuba ($8.41M), and Saint Martin ($3.87M).

In 2023, countries that imported more from United Kingdom than Jamaica included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - United Kingdom

Flow
Scale

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

During 2023, Jamaica had a large net trade with United Kingdom in the exports of Foodstuffs ($76.2M), Mineral Products ($7.98M), and Vegetable Products ($5.59M).

During 2018, United Kingdom had a large net trade with Jamaica in the exports of Transportation ($21M), Machines ($20.3M), and Chemical Products ($15.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica United Kingdom+$10.6MRefined Petroleum
Top Product Potential United Kingdom Jamaica+$5.65MCars

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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Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and United Kingdom (Flag) (2023)

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