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Pricing

2023
Flag → Flag
Exports $489kRnk 72 / 150
2023
Flag → Flag
Top Product $248kAwnings, Tents, and Sails
2023
Flag → Flag
Exports $62.3MRnk 30 / 170
2023
Flag → Flag
Top Product $26.6MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Jamaica-Guatemala Trade: In 2023, Jamaica exported $489k to Guatemala. The main products that Jamaica exported to Guatemala were Awnings, Tents, and Sails ($248k), Flavored Water ($104k), and Gas and Liquid Flow Measuring Instruments ($28.3k). Over the past 5 years the exports of Jamaica to Guatemala have decreased at an annualized rate of 41.9%, from $7.41M in 2018 to $489k in 2023.

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

Guatemala-Jamaica Trade: In 2023, Guatemala exported $62.3M to Jamaica. The main products that Guatemala exported to Jamaica were Raw Sugar ($26.6M), Glass Bottles ($9.22M), and Plastic Lids ($6.78M). Over the past 5 years the exports of Guatemala to Jamaica have increased at an annualized rate of 9.36%,  from $36.4M in 2018 to $62.3M in 2023.

In 2023, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $489k to Guatemala. The main products exported from Jamaica to Guatemala were Awnings, Tents, and Sails ($248k), Flavored Water ($104k), and Gas and Liquid Flow Measuring Instruments ($28.3k). During the last 5 years the exports of Jamaica to Guatemala have decreased at an annualized rate of 41.9%, from $7.41M in 2018 to $489k in 2023.

In 2018, Guatemala exported $62.3M to Jamaica. The main products exported from Guatemala to Jamaica were Raw Sugar ($26.6M), Glass Bottles ($9.22M), and Plastic Lids ($6.78M). During the last 5 years the exports of Guatemala to Jamaica have increased at an annualized rate of 9.36%, from $36.4M in 2023 to $62.3M in 2018.

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

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

Latest Data

Trade between Jamaica (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Jamaica than Guatemala included Russia ($138M), Latvia ($131M), and Iceland ($127M).

In 2023, countries that imported more from Guatemala than Jamaica included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Jamaica - Guatemala

Flow
Scale

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

During 2023, Jamaica had a large net trade with Guatemala in the exports of Textiles ($250k), Foodstuffs ($104k), and Instruments ($28.4k).

During 2018, Guatemala had a large net trade with Jamaica in the exports of Foodstuffs ($31.5M), Plastics and Rubbers ($11.1M), and Stone And Glass ($9.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Guatemala+$71.5kFlavored Water
Top Product Potential Guatemala Jamaica+$299kCleaning Products

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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Economic Complexity

Competitive Landscape

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

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

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