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2023
Flag → Flag
Exports $8.41MRnk 31 / 150
2023
Flag → Flag
Top Product $5.81MRefined Petroleum
2023
Flag → Flag
Exports $186kRnk 82 / 121
2023
Flag → Flag
Top Product $88.1kOther Small Iron Pipes
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
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GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
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GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Jamaica-Cuba Trade: In 2023, Jamaica exported $8.41M to Cuba. The main products that Jamaica exported to Cuba were Refined Petroleum ($5.81M), Petroleum Gas ($897k), and Aluminium Oxide ($361k). Over the past 5 years the exports of Jamaica to Cuba have decreased at an annualized rate of 3.13%, from $9.86M in 2018 to $8.41M in 2023.

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

Cuba-Jamaica Trade: In 2023, Cuba exported $186k to Jamaica. The main products that Cuba exported to Jamaica were Other Small Iron Pipes ($88.1k), Electrical Insulators ($42.1k), and Ice Cream ($31.6k). Over the past 5 years the exports of Cuba to Jamaica have decreased at an annualized rate of 38%,  from $5.3M in 2018 to $186k in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $8.41M to Cuba. The main products exported from Jamaica to Cuba were Refined Petroleum ($5.81M), Petroleum Gas ($897k), and Aluminium Oxide ($361k). During the last 5 years the exports of Jamaica to Cuba have decreased at an annualized rate of 3.13%, from $9.86M in 2018 to $8.41M in 2023.

In 2018, Cuba exported $186k to Jamaica. The main products exported from Cuba to Jamaica were Other Small Iron Pipes ($88.1k), Electrical Insulators ($42.1k), and Ice Cream ($31.6k). During the last 5 years the exports of Cuba to Jamaica have decreased at an annualized rate of 38%, from $5.3M in 2023 to $186k in 2018.

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

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

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Cuba
Top DestinationChina$358M

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

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

In 2023, countries that imported more from Cuba than Jamaica included China ($358M), Spain ($129M), and Germany ($68.1M).

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

Comparative Advantage Jamaica - Cuba

Flow
Scale

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

During 2023, Jamaica had a large net trade with Cuba in the exports of Mineral Products ($6.89M), Foodstuffs ($566k), and Chemical Products ($501k).

During 2018, Cuba had a large net trade with Jamaica in the exports of Metals ($88.1k), Machines ($42.2k), and Foodstuffs ($36k).

Economic Complexity

Competitive Landscape

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

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

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