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2023
Flag → Flag
Exports $3.65MRnk 13 / 78
2023
Flag → Flag
Top Product $2.81MAlcohol > 80% ABV
2023
Flag → Flag
Exports $36.4MRnk 10 / 150
2023
Flag → Flag
Top Product $6.66MPoultry Meat
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 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 $97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Cayman Islands-Jamaica Trade: In 2023, Cayman Islands exported $3.65M to Jamaica. The main products that Cayman Islands exported to Jamaica were Alcohol > 80% ABV ($2.81M), Other Edible Preparations ($158k), and Aluminium Housewares ($133k). Over the past 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 28.5%, from $1.04M in 2018 to $3.65M in 2023.

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

Jamaica-Cayman Islands Trade: In 2023, Jamaica exported $36.4M to Cayman Islands. The main products that Jamaica exported to Cayman Islands were Poultry Meat ($6.66M), Hot-Rolled Iron Bars ($4.11M), and Refined Petroleum ($3.59M). Over the past 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 20.2%,  from $14.5M in 2018 to $36.4M in 2023.

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

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M), 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, Cayman Islands exported $3.65M to Jamaica. The main products exported from Cayman Islands to Jamaica were Alcohol > 80% ABV ($2.81M), Other Edible Preparations ($158k), and Aluminium Housewares ($133k). During the last 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 28.5%, from $1.04M in 2018 to $3.65M in 2023.

In 2018, Jamaica exported $36.4M to Cayman Islands. The main products exported from Jamaica to Cayman Islands were Poultry Meat ($6.66M), Hot-Rolled Iron Bars ($4.11M), and Refined Petroleum ($3.59M). During the last 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 20.2%, from $14.5M in 2023 to $36.4M in 2018.

Exports from Cayman Islands (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Cayman Islands (Flag) (2023)

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Cayman Islands than Jamaica included United Kingdom ($326M), Cyprus ($172M), and Germany ($74.8M).

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

Difference in imports from Jamaica (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - Jamaica

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Jamaica in the exports of Foodstuffs ($2.97M), Machines ($270k), and Metals ($174k).

During 2018, Jamaica had a large net trade with Cayman Islands in the exports of Foodstuffs ($12.7M), Animal Products ($7.43M), and Mineral Products ($7.24M).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Jamaica (Flag) (2023)

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