2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 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 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 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

Guyana-Jamaica Trade: In 2023, Guyana exported $65.9M to Jamaica. The main products that Guyana exported to Jamaica were Rice ($26.6M), Railway Cargo Containers ($25.7M), and Non-fillet Frozen Fish ($6.54M). Over the past 5 years the exports of Guyana to Jamaica have increased at an annualized rate of 5.77%, from $49.8M in 2018 to $65.9M in 2023.

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

Jamaica-Guyana Trade: In 2023, Jamaica exported $80.7M to Guyana. The main products that Jamaica exported to Guyana were Refined Petroleum ($53.8M), Gravel and Crushed Stone ($5.55M), and Delivery Trucks ($4.12M). Over the past 5 years the exports of Jamaica to Guyana have increased at an annualized rate of 57.8%,  from $8.24M in 2018 to $80.7M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), 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, Guyana exported $65.9M to Jamaica. The main products exported from Guyana to Jamaica were Rice ($26.6M), Railway Cargo Containers ($25.7M), and Non-fillet Frozen Fish ($6.54M). During the last 5 years the exports of Guyana to Jamaica have increased at an annualized rate of 5.77%, from $49.8M in 2018 to $65.9M in 2023.

In 2018, Jamaica exported $80.7M to Guyana. The main products exported from Jamaica to Guyana were Refined Petroleum ($53.8M), Gravel and Crushed Stone ($5.55M), and Delivery Trucks ($4.12M). During the last 5 years the exports of Jamaica to Guyana have increased at an annualized rate of 57.8%, from $8.24M in 2023 to $80.7M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Jamaica (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Guyana than Jamaica included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

In 2023, countries that imported more from Jamaica than Guyana included Russia ($138M), Latvia ($131M), and Iceland ($127M).

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

Comparative Advantage Guyana - Jamaica

Flow
Scale

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

During 2023, Guyana had a large net trade with Jamaica in the exports of Vegetable Products ($26.6M), Transportation ($25.8M), and Animal Products ($9.3M).

During 2018, Jamaica had a large net trade with Guyana in the exports of Mineral Products ($59.5M), Foodstuffs ($10.1M), and Transportation ($5.17M).

Economic Complexity

Competitive Landscape

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

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

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