2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
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About

Jamaica-Cayman Islands Trade: In 2022, Jamaica exported $26.5M to Cayman Islands. The main products that Jamaica exported to Cayman Islands were Poultry Meat ($6.05M), Gravel and Crushed Stone ($1.71M), and Other Prepared Meat ($1.62M). Over the past 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 14.2%, from $13.7M in 2017 to $26.5M in 2022.

In 2022, Jamaica did not export any services to Cayman Islands.

Cayman Islands-Jamaica Trade: In 2022, Cayman Islands exported $1.74M to Jamaica. The main products that Cayman Islands exported to Jamaica were Alcohol > 80% ABV ($730k), Other Edible Preparations ($195k), and Computers ($86.7k). Over the past 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 8.53%,  from $1.15M in 2017 to $1.74M in 2022.

In 2022, Cayman Islands did not export any services to Jamaica.

Comparison In 2022,  Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17),  and 145 in total exports ($1.95B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $26.5M to Cayman Islands. The main products exported from Jamaica to Cayman Islands were Poultry Meat ($6.05M), Gravel and Crushed Stone ($1.71M), and Other Prepared Meat ($1.62M). During the last 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 14.2%, from $13.7M in 2017 to $26.5M in 2022.

In 2017, Cayman Islands exported $1.74M to Jamaica. The main products exported from Cayman Islands to Jamaica were Alcohol > 80% ABV ($730k), Other Edible Preparations ($195k), and Computers ($86.7k). During the last 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 8.53%, from $1.15M in 2022 to $1.74M in 2017.

Exports from Jamaica (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Jamaica (Flag) (2022)

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Jamaica than Cayman Islands included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

In 2022, countries that imported more from Cayman Islands than Jamaica included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Cayman Islands

Flow
Scale

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

During 2022, Jamaica had a large net trade with Cayman Islands in the exports of Foodstuffs ($11M), Animal Products ($6.75M), and Mineral Products ($2.92M).

During 2017, Cayman Islands had a large net trade with Jamaica in the exports of Foodstuffs ($925k), Machines ($270k), and Miscellaneous ($148k).

Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and Cayman Islands (Flag) (2022)

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