2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

Jamaica-Belize Trade: In 2023, Jamaica exported $5.11M to Belize. The main products that Jamaica exported to Belize were Sausages ($1.17M), Beer ($693k), and Vermouth ($467k). Over the past 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 2.58%, from $5.83M in 2018 to $5.11M in 2023.

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

Belize-Jamaica Trade: In 2023, Belize exported $12.6M to Jamaica. The main products that Belize exported to Jamaica were Fruit Juice ($3.67M), Dried Legumes ($2.46M), and Cereal Meal and Pellets ($1.58M). Over the past 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 4.26%,  from $15.6M in 2018 to $12.6M in 2023.

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

Comparison In 2023,  Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14),  and 147 in total exports ($1.89B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $5.11M to Belize. The main products exported from Jamaica to Belize were Sausages ($1.17M), Beer ($693k), and Vermouth ($467k). During the last 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 2.58%, from $5.83M in 2018 to $5.11M in 2023.

In 2018, Belize exported $12.6M to Jamaica. The main products exported from Belize to Jamaica were Fruit Juice ($3.67M), Dried Legumes ($2.46M), and Cereal Meal and Pellets ($1.58M). During the last 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 4.26%, from $15.6M in 2023 to $12.6M in 2018.

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

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

Latest Data

Trade between Jamaica (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$709M
Belize
Top Destination
United States$86.2M

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

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

In 2023, countries that imported more from Belize than Jamaica included Spain ($35.5M), Guatemala ($27.6M), and Portugal ($18.5M).

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

Comparative Advantage Jamaica - Belize

Flow
Scale

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

During 2023, Jamaica had a large net trade with Belize in the exports of Foodstuffs ($3.4M), Chemical Products ($887k), and Metals ($381k).

During 2018, Belize had a large net trade with Jamaica in the exports of Vegetable Products ($4.04M), Foodstuffs ($3.87M), and Animal Products ($1.36M).

Economic Complexity

Competitive Landscape

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

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

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