NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $193kRnk 18 / 90
2023
Flag → Flag
Top Product $53.3kHard Liquor
2023
Flag → Flag
Exports $1.16MRnk 56 / 150
2023
Flag → Flag
Top Product $190kLimestone
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Bermuda-Jamaica Trade: In 2023, Bermuda exported $193k to Jamaica. The main products that Bermuda exported to Jamaica were Hard Liquor ($53.3k), Motor vehicles; parts and accessories (8701 to 8705) ($13.1k), and Other Furniture ($8.84k). Over the past 5 years the exports of Bermuda to Jamaica have decreased at an annualized rate of 40.1%, from $2.51M in 2018 to $193k in 2023.

In 2023, Bermuda did not export any services to Jamaica.

Jamaica-Bermuda Trade: In 2023, Jamaica exported $1.16M to Bermuda. The main products that Jamaica exported to Bermuda were Limestone ($190k), Medical Instruments ($158k), and Broadcasting Equipment ($140k). Over the past 5 years the exports of Jamaica to Bermuda have decreased at an annualized rate of 14.2%,  from $2.51M in 2018 to $1.16M in 2023.

In 2023, Jamaica did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $193k to Jamaica. The main products exported from Bermuda to Jamaica were Hard Liquor ($53.3k), Motor vehicles; parts and accessories (8701 to 8705) ($13.1k), and Other Furniture ($8.84k). During the last 5 years the exports of Bermuda to Jamaica have decreased at an annualized rate of 40.1%, from $2.51M in 2018 to $193k in 2023.

In 2018, Jamaica exported $1.16M to Bermuda. The main products exported from Jamaica to Bermuda were Limestone ($190k), Medical Instruments ($158k), and Broadcasting Equipment ($140k). During the last 5 years the exports of Jamaica to Bermuda have decreased at an annualized rate of 14.2%, from $2.51M in 2023 to $1.16M in 2018.

Exports from Bermuda (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Jamaica (Flag)

Bermuda Exports

Date

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Bermuda than Jamaica included South Africa ($96.3M), Germany ($101M), and Angola ($4.49M).

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

Difference in imports from Jamaica (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Jamaica

Flow
Scale

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

During 2023, Bermuda had a large net trade with Jamaica in the exports of Foodstuffs ($59.4k), Metals ($25.8k), and Textiles ($21.3k).

During 2018, Jamaica had a large net trade with Bermuda in the exports of Foodstuffs ($526k), Mineral Products ($190k), and Machines ($183k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Jamaica (Flag) (2023)

Keep Exploring

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