Jamaica (JAM) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

About

Jamaica-Turks and Caicos Islands Trade: In 2022, Jamaica exported $3.8M to Turks and Caicos Islands. The main products that Jamaica exported to Turks and Caicos Islands were Sand ($668k), Gravel and Crushed Stone ($535k), and Coffee ($299k). Over the past 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 15.2%, from $1.87M in 2017 to $3.8M in 2022.

In 2022, Jamaica did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Jamaica Trade: In 2022, Turks and Caicos Islands exported $26.6k to Jamaica. The main products that Turks and Caicos Islands exported to Jamaica were Calculators ($18.7k), Trunks and Cases ($1.89k), and Shaving Products ($1.52k). Over the past 5 years the exports of Turks and Caicos Islands to Jamaica have increased at an annualized rate of 28.3%, from $5.97k in 2017 to $26.6k in 2022.

In 2022, Turks and Caicos 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, Turks and Caicos Islands ranked 204 in total exports ($41.4M), 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 $3.8M to Turks and Caicos Islands. The main products exported from Jamaica to Turks and Caicos Islands were Sand ($668k), Gravel and Crushed Stone ($535k), and Coffee ($299k). During the last 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 15.2%, from $1.87M in 2017 to $3.8M in 2022.

In 2017, Turks and Caicos Islands exported $26.6k to Jamaica. The main products exported from Turks and Caicos Islands to Jamaica were Calculators ($18.7k), Trunks and Cases ($1.89k), and Shaving Products ($1.52k). During the last 5 years the exports of Turks and Caicos Islands to Jamaica have increased at an annualized rate of 28.3%, from $5.97k in 2022 to $26.6k in 2017.

Exports from Jamaica () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Jamaica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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

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

In 2022, countries that imported more from Turks and Caicos Islands than Jamaica included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands () and Jamaica () (2022)

Comparative Advantage Jamaica - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($1.55M), Foodstuffs ($1.11M), and Vegetable Products ($326k).

During 2017, Turks and Caicos Islands had a large net trade with Jamaica in the exports of Machines ($19.8k), Animal Hides ($1.89k), and Chemical Products ($1.52k).

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 Turks and Caicos Islands. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Turks and Caicos Islands. Similarly, a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Jamaica () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Jamaica () (2022)

Comparative Advantage Jamaica - Turks and Caicos Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Turks and Caicos Islands () (2022)

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