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Pricing

2022
Flag → Flag
Exports $54.4MRnk 28 / 162
2022
Flag → Flag
Top Product $20.6MRaw Sugar
2022
Flag → Flag
Exports $164kRnk 84 / 157
2022
Flag → Flag
Top Product $85.1kPaper Containers
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Guatemala-Jamaica Trade: In 2022, Guatemala exported $54.4M to Jamaica. The main products that Guatemala exported to Jamaica were Raw Sugar ($20.6M), Glass Bottles ($11.3M), and Plastic Lids ($5.46M). Over the past 5 years the exports of Guatemala to Jamaica have increased at an annualized rate of 6.13%, from $40.4M in 2017 to $54.4M in 2022.

In 2022, Guatemala did not export any services to Jamaica.

Jamaica-Guatemala Trade: In 2022, Jamaica exported $164k to Guatemala. The main products that Jamaica exported to Guatemala were Paper Containers ($85.1k), Chocolate ($25.6k), and Flavored Water ($25.6k). Over the past 5 years the exports of Jamaica to Guatemala have decreased at an annualized rate of 25.3%,  from $4.09M in 2017 to $164k in 2022.

In 2022, Jamaica did not export any services to Guatemala.

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $54.4M to Jamaica. The main products exported from Guatemala to Jamaica were Raw Sugar ($20.6M), Glass Bottles ($11.3M), and Plastic Lids ($5.46M). During the last 5 years the exports of Guatemala to Jamaica have increased at an annualized rate of 6.13%, from $40.4M in 2017 to $54.4M in 2022.

In 2017, Jamaica exported $164k to Guatemala. The main products exported from Jamaica to Guatemala were Paper Containers ($85.1k), Chocolate ($25.6k), and Flavored Water ($25.6k). During the last 5 years the exports of Jamaica to Guatemala have decreased at an annualized rate of 25.3%, from $4.09M in 2022 to $164k in 2017.

Exports from Guatemala (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and Jamaica (Flag)

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Guatemala than Jamaica included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2022, countries that imported more from Jamaica than Guatemala included Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

Difference in imports from Jamaica (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - Jamaica

Flow
Scale

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

During 2022, Guatemala had a large net trade with Jamaica in the exports of Foodstuffs ($25.6M), Stone And Glass ($11.3M), and Plastics and Rubbers ($8M).

During 2017, Jamaica had a large net trade with Guatemala in the exports of Paper Goods ($88.5k), Foodstuffs ($55.4k), and Stone And Glass ($5.05k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Jamaica+$299kCleaning Products
Top Product Potential Jamaica Guatemala+$71.5kFlavored Water

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 Guatemala and Jamaica. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and Jamaica (Flag) (2022)

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