Jamaica (JAM) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Cayman Islands () (2022)

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Cayman Islands
Top DestinationMalta$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 () and Jamaica () (2022)

Comparative Advantage Jamaica - Cayman Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Jamaica - Cayman Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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