2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

United Kingdom-Jamaica Trade: In 2023, United Kingdom exported $105M to Jamaica. The main products that United Kingdom exported to Jamaica were Cars ($16.4M), Packaged Medicaments ($7.75M), and Large Construction Vehicles ($5.92M). Over the past 5 years the exports of United Kingdom to Jamaica have increased at an annualized rate of 3.73%, from $87.8M in 2018 to $105M in 2023.

In 2023, United Kingdom did not export any services to Jamaica.

Jamaica-United Kingdom In N/A, Jamaica did not export any products to United Kingdom.

In 2023, Jamaica did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported $105M to Jamaica. The main products exported from United Kingdom to Jamaica were Cars ($16.4M), Packaged Medicaments ($7.75M), and Large Construction Vehicles ($5.92M). During the last 5 years the exports of United Kingdom to Jamaica have increased at an annualized rate of 3.73%, from $87.8M in 2018 to $105M in 2023.

Jamaica does not register exports to United Kingdom. The main products exported from Jamaica to United Kingdom were Hard Liquor ($32.8M), Other Fermented Beverages ($20.5M), and Refined Petroleum ($7.98M).

Exports from United Kingdom (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from United Kingdom than Jamaica included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Jamaica than United Kingdom included Haiti ($32.1M), Cuba ($8.41M), and Saint Martin ($3.87M).

Difference in imports from Jamaica (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Jamaica

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Jamaica in the exports of Transportation ($21M), Machines ($20.3M), and Chemical Products ($15.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Jamaica+$5.65MCars
Top Product Potential Jamaica United Kingdom+$10.6MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Jamaica (Flag) (2023)

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