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2023
Flag → Flag
Exports $51.7MRnk 7 / 150
2023
Flag → Flag
Top Product $11.3MOther Processed Fruits and Nuts
2023
Flag → Flag
Exports $131MRnk 75 / 215
2023
Flag → Flag
Top Product $16.4MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 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$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Jamaica-Canada Trade: In 2023, Jamaica exported $51.7M to Canada. The main products that Jamaica exported to Canada were Other Processed Fruits and Nuts ($11.3M), Alcohol > 80% ABV ($8.94M), and Hard Liquor ($5.8M). Over the past 5 years the exports of Jamaica to Canada have decreased at an annualized rate of 25.4%, from $223M in 2018 to $51.7M in 2023.

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

Canada-Jamaica Trade: In 2023, Canada exported $131M to Jamaica. The main products that Canada exported to Jamaica were Processed Fish ($16.4M), Packaged Medicaments ($13.9M), and Wheat ($9.58M). Over the past 5 years the exports of Canada to Jamaica have decreased at an annualized rate of 1.6%,  from $142M in 2018 to $131M in 2023.

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Comparison: In 2023,  Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $51.7M to Canada. The main products exported from Jamaica to Canada were Other Processed Fruits and Nuts ($11.3M), Alcohol > 80% ABV ($8.94M), and Hard Liquor ($5.8M). During the last 5 years the exports of Jamaica to Canada have decreased at an annualized rate of 25.4%, from $223M in 2018 to $51.7M in 2023.

In 2018, Canada exported $131M to Jamaica. The main products exported from Canada to Jamaica were Processed Fish ($16.4M), Packaged Medicaments ($13.9M), and Wheat ($9.58M). During the last 5 years the exports of Canada to Jamaica have decreased at an annualized rate of 1.6%, from $142M in 2023 to $131M in 2018.

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

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

Latest Data

Trade between Jamaica (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Canada
Top DestinationUnited States$410B

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

In 2023, countries that imported more from Jamaica than Canada included Russia ($138M), Iceland ($127M), and Cayman Islands ($36.4M).

In 2023, countries that imported more from Canada than Jamaica included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Jamaica - Canada

Flow
Scale

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

During 2023, Jamaica had a large net trade with Canada in the exports of Foodstuffs ($40.8M), Vegetable Products ($6.27M), and Mineral Products ($1.84M).

During 2018, Canada had a large net trade with Jamaica in the exports of Foodstuffs ($30M), Chemical Products ($18.5M), and Vegetable Products ($18.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Canada+$5.51MRefined Petroleum
Top Product Potential Canada Jamaica+$5.21MCars

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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Bilateral Service Trade

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Jamaica (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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