Belize (BLZ) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Belize-Jamaica Trade: In 2022, Belize exported $14.9M to Jamaica. The main products that Belize exported to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). Over the past 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%, from $16.4M in 2017 to $14.9M in 2022.

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

Jamaica-Belize Trade: In 2022, Jamaica exported $3.13M to Belize. The main products that Jamaica exported to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). Over the past 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 11.9%, from $6.68M in 2017 to $3.13M in 2022.

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

Comparison In 2022, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $14.9M to Jamaica. The main products exported from Belize to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). During the last 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%, from $16.4M in 2017 to $14.9M in 2022.

In 2017, Jamaica exported $3.13M to Belize. The main products exported from Jamaica to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). During the last 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 11.9%, from $6.68M in 2022 to $3.13M in 2017.

Exports from Belize () to Jamaica () (2022)

Exports from Jamaica () to Belize () (2022)

Latest Data

Trade between Belize () and Jamaica ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Belize than Jamaica included Guatemala ($39.2M), Spain ($28.7M), and Honduras ($19.9M).

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

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

Comparative Advantage Belize - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Jamaica in the exports of Foodstuffs ($7.47M), Vegetable Products ($3.66M), and Stone And Glass ($930k).

During 2017, Jamaica had a large net trade with Belize in the exports of Foodstuffs ($2.21M), Chemical Products ($713k), and Paper Goods ($87.8k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Jamaica () (2022)

Exports from Jamaica () to Belize () (2022)

Latest Data

Trade between Belize () and Jamaica ()

Belize Exports

Market Competitiveness

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

Comparative Advantage Belize - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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