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2023
Flag → Flag
Exports $186kRnk 82 / 121
2023
Flag → Flag
Top Product $88.1kOther Small Iron Pipes
2023
Flag → Flag
Exports $8.41MRnk 31 / 150
2023
Flag → Flag
Top Product $5.81MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Cuba-Jamaica Trade: In 2023, Cuba exported $186k to Jamaica. The main products that Cuba exported to Jamaica were Other Small Iron Pipes ($88.1k), Electrical Insulators ($42.1k), and Ice Cream ($31.6k). Over the past 5 years the exports of Cuba to Jamaica have decreased at an annualized rate of 48.8%, from $5.3M in 2018 to $186k in 2023.

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

Jamaica-Cuba Trade: In 2023, Jamaica exported $8.41M to Cuba. The main products that Jamaica exported to Cuba were Refined Petroleum ($5.81M), Petroleum Gas ($897k), and Aluminium Oxide ($361k). Over the past 5 years the exports of Jamaica to Cuba have decreased at an annualized rate of 1.22%,  from $9.86M in 2018 to $8.41M in 2023.

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

Comparison: In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). 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, Cuba exported $186k to Jamaica. The main products exported from Cuba to Jamaica were Other Small Iron Pipes ($88.1k), Electrical Insulators ($42.1k), and Ice Cream ($31.6k). During the last 5 years the exports of Cuba to Jamaica have decreased at an annualized rate of 48.8%, from $5.3M in 2018 to $186k in 2023.

In 2018, Jamaica exported $8.41M to Cuba. The main products exported from Jamaica to Cuba were Refined Petroleum ($5.81M), Petroleum Gas ($897k), and Aluminium Oxide ($361k). During the last 5 years the exports of Jamaica to Cuba have decreased at an annualized rate of 1.22%, from $9.86M in 2023 to $8.41M in 2018.

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

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

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Cuba than Jamaica included China ($358M), Spain ($129M), and Germany ($68.1M).

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

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

Comparative Advantage Cuba - Jamaica

Flow
Scale

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

During 2023, Cuba had a large net trade with Jamaica in the exports of Metals ($88.1k), Machines ($42.2k), and Foodstuffs ($36k).

During 2018, Jamaica had a large net trade with Cuba in the exports of Mineral Products ($6.89M), Foodstuffs ($566k), and Chemical Products ($501k).

Economic Complexity

Competitive Landscape

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

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

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