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2023
Flag → Flag
Exports $71.2MRnk 2 / 139
2023
Flag → Flag
Top Product $29.9MRefined Petroleum
2023
Flag → Flag
Exports $46.1MRnk 8 / 150
2023
Flag → Flag
Top Product $22.5MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 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 $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Barbados-Jamaica Trade: In 2023, Barbados exported $71.2M to Jamaica. The main products that Barbados exported to Jamaica were Refined Petroleum ($29.9M), Crude Petroleum ($10.4M), and Alcohol > 80% ABV ($5.59M). Over the past 5 years the exports of Barbados to Jamaica have increased at an annualized rate of 17.6%, from $31.6M in 2018 to $71.2M in 2023.

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

Jamaica-Barbados Trade: In 2023, Jamaica exported $46.1M to Barbados. The main products that Jamaica exported to Barbados were Refined Petroleum ($22.5M), Poultry Meat ($2.12M), and Other Prepared Meat ($1.47M). Over the past 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 25.5%,  from $14.8M in 2018 to $46.1M in 2023.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), 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, Barbados exported $71.2M to Jamaica. The main products exported from Barbados to Jamaica were Refined Petroleum ($29.9M), Crude Petroleum ($10.4M), and Alcohol > 80% ABV ($5.59M). During the last 5 years the exports of Barbados to Jamaica have increased at an annualized rate of 17.6%, from $31.6M in 2018 to $71.2M in 2023.

In 2018, Jamaica exported $46.1M to Barbados. The main products exported from Jamaica to Barbados were Refined Petroleum ($22.5M), Poultry Meat ($2.12M), and Other Prepared Meat ($1.47M). During the last 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 25.5%, from $14.8M in 2023 to $46.1M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Jamaica (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Barbados than Jamaica included Saint Lucia ($19.5M), Saint Vincent and the Grenadines ($10.9M), and Turkey ($5.8M).

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

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

Comparative Advantage Barbados - Jamaica

Flow
Scale

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

During 2023, Barbados had a large net trade with Jamaica in the exports of Mineral Products ($40.5M), Foodstuffs ($14.6M), and Chemical Products ($5.96M).

During 2018, Jamaica had a large net trade with Barbados in the exports of Mineral Products ($22.6M), Foodstuffs ($8.8M), and Animal Products ($4.23M).

Economic Complexity

Competitive Landscape

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

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

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