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Pricing

2022
Flag → Flag
Exports $26.5MRnk 10 / 157
2022
Flag → Flag
Top Product $3.91MVermouth
2022
Flag → Flag
Exports $430MRnk 7 / 149
2022
Flag → Flag
Top Product $239MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Jamaica-Trinidad and Tobago Trade: In 2022, Jamaica exported $26.5M to Trinidad and Tobago. The main products that Jamaica exported to Trinidad and Tobago were Vermouth ($3.91M), Margarine ($2M), and Small Iron Containers ($1.79M). Over the past 5 years the exports of Jamaica to Trinidad and Tobago have increased at an annualized rate of 4.68%, from $21.1M in 2017 to $26.5M in 2022.

In 2022, Jamaica did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Jamaica Trade: In 2022, Trinidad and Tobago exported $430M to Jamaica. The main products that Trinidad and Tobago exported to Jamaica were Petroleum Gas ($239M), Flavored Water ($31.8M), and Prepared Cereals ($22.2M). Over the past 5 years the exports of Trinidad and Tobago to Jamaica have increased at an annualized rate of 4.47%,  from $331M in 2017 to $430M in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $26.5M to Trinidad and Tobago. The main products exported from Jamaica to Trinidad and Tobago were Vermouth ($3.91M), Margarine ($2M), and Small Iron Containers ($1.79M). During the last 5 years the exports of Jamaica to Trinidad and Tobago have increased at an annualized rate of 4.68%, from $21.1M in 2017 to $26.5M in 2022.

In 2017, Trinidad and Tobago exported $430M to Jamaica. The main products exported from Trinidad and Tobago to Jamaica were Petroleum Gas ($239M), Flavored Water ($31.8M), and Prepared Cereals ($22.2M). During the last 5 years the exports of Trinidad and Tobago to Jamaica have increased at an annualized rate of 4.47%, from $331M in 2022 to $430M in 2017.

Exports from Jamaica (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Jamaica than Trinidad and Tobago included Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

In 2022, countries that imported more from Trinidad and Tobago than Jamaica included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Trinidad and Tobago

Flow
Scale

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

During 2022, Jamaica had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($8.84M), Chemical Products ($4.78M), and Animal and Vegetable Bi-Products ($2.26M).

During 2017, Trinidad and Tobago had a large net trade with Jamaica in the exports of Mineral Products ($239M), Foodstuffs ($105M), and Plastics and Rubbers ($23.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Trinidad and Tobago+$1.19MRefined Petroleum
Top Product Potential Trinidad and Tobago Jamaica+$350kRefined Petroleum

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 Trinidad and Tobago. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Jamaica.

Product Space of Jamaica (Flag) and Trinidad and Tobago (Flag) (2022)

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