2023
Flag  
GDP
$19.4BCURRENT US$
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2013-2023
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GDP GROWTH
36.2%CURRENT US$
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2023
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GDP PC 
$6,840CURRENT US$
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2013-2023
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GDP PC GROWTH
33.5%CURRENT US$
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About

Jamaica-British Virgin Islands Trade: In 2023, Jamaica exported $1.26M to British Virgin Islands. The main products that Jamaica exported to British Virgin Islands were Other Prepared Meat ($397k), Flavored Water ($171k), and Beer ($100k). Over the past 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 4.62%, from $1M in 2018 to $1.26M in 2023.

In 2023, Jamaica did not export any services to British Virgin Islands.

British Virgin Islands-Jamaica Trade: In 2023, British Virgin Islands exported $878k to Jamaica. The main products that British Virgin Islands exported to Jamaica were Refrigerators ($361k), Video Displays ($275k), and Iron Stovetops ($59.7k). Over the past 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 31.5%,  from $223k in 2018 to $878k in 2023.

In 2023, British Virgin Islands 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, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $1.26M to British Virgin Islands. The main products exported from Jamaica to British Virgin Islands were Other Prepared Meat ($397k), Flavored Water ($171k), and Beer ($100k). During the last 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 4.62%, from $1M in 2018 to $1.26M in 2023.

In 2018, British Virgin Islands exported $878k to Jamaica. The main products exported from British Virgin Islands to Jamaica were Refrigerators ($361k), Video Displays ($275k), and Iron Stovetops ($59.7k). During the last 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 31.5%, from $223k in 2023 to $878k in 2018.

Exports from Jamaica (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Jamaica (Flag) (2023)

Market Competitiveness

Color
Jamaica
Top Destination
United States$709M
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Jamaica than British Virgin Islands included United States ($709M), Russia ($138M), and Latvia ($131M).

In 2023, countries that imported more from British Virgin Islands than Jamaica included Malta ($93.7M), Greece ($30.3M), and Indonesia ($11.5M).

Difference in imports from British Virgin Islands (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - British Virgin Islands

Flow
Scale

This chart compares trade between Jamaica and British Virgin Islands by product, considering products traded by both, Jamaica and British Virgin Islands.

During 2023, Jamaica had a large net trade with British Virgin Islands in the exports of Foodstuffs ($957k), Animal Products ($153k), and Vegetable Products ($70.2k).

During 2018, British Virgin Islands had a large net trade with Jamaica in the exports of Machines ($754k), Metals ($87.8k), and Foodstuffs ($15.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and British Virgin Islands (Flag) (2023)

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