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2023
Flag → Flag
Exports $46.1MRnk 8 / 150
2023
Flag → Flag
Top Product $22.5MRefined Petroleum
2023
Flag → Flag
Exports $71.2MRnk 2 / 139
2023
Flag → Flag
Top Product $29.9MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Jamaica-Barbados Trade: In 2023, Jamaica exported $46.1M to Barbados. The main products that Jamaica exported to Barbados were Refined Petroleum ($22.5M), Poultry Meat ($2.12M), and Other Prepared Meat ($1.47M). Over the past 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 25.5%, from $14.8M in 2018 to $46.1M in 2023.

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

Barbados-Jamaica Trade: In 2023, Barbados exported $71.2M to Jamaica. The main products that Barbados exported to Jamaica were Refined Petroleum ($29.9M), Crude Petroleum ($10.4M), and Alcohol > 80% ABV ($5.59M). Over the past 5 years the exports of Barbados to Jamaica have increased at an annualized rate of 17.6%,  from $31.6M in 2018 to $71.2M in 2023.

In 2023, Barbados 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, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $46.1M to Barbados. The main products exported from Jamaica to Barbados were Refined Petroleum ($22.5M), Poultry Meat ($2.12M), and Other Prepared Meat ($1.47M). During the last 5 years the exports of Jamaica to Barbados have increased at an annualized rate of 25.5%, from $14.8M in 2018 to $46.1M in 2023.

In 2018, Barbados exported $71.2M to Jamaica. The main products exported from Barbados to Jamaica were Refined Petroleum ($29.9M), Crude Petroleum ($10.4M), and Alcohol > 80% ABV ($5.59M). During the last 5 years the exports of Barbados to Jamaica have increased at an annualized rate of 17.6%, from $31.6M in 2023 to $71.2M in 2018.

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

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

Latest Data

Trade between Jamaica (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Barbados
Top DestinationUnited States$91M

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

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

In 2023, countries that imported more from Barbados than Jamaica included Saint Lucia ($19.5M), Saint Vincent and the Grenadines ($10.9M), and Turkey ($5.8M).

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

Comparative Advantage Jamaica - Barbados

Flow
Scale

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

During 2023, Jamaica had a large net trade with Barbados in the exports of Mineral Products ($22.6M), Foodstuffs ($8.8M), and Animal Products ($4.23M).

During 2018, Barbados had a large net trade with Jamaica in the exports of Mineral Products ($40.5M), Foodstuffs ($14.6M), and Chemical Products ($5.96M).

Economic Complexity

Competitive Landscape

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

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

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