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2023
Flag → Flag
Exports $3.53MRnk 44 / 150
2023
Flag → Flag
Top Product $540kSand
2023
Flag → Flag
Exports $16kRnk 45 / 92
2023
Flag → Flag
Top Product $12kAluminium Structures
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 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$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

Jamaica-Turks and Caicos Islands Trade: In 2023, Jamaica exported $3.53M to Turks and Caicos Islands. The main products that Jamaica exported to Turks and Caicos Islands were Sand ($540k), Cement ($430k), and Other Prepared Meat ($399k). Over the past 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 20.3%, from $1.4M in 2018 to $3.53M in 2023.

In 2023, Jamaica did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Jamaica Trade: In 2023, Turks and Caicos Islands exported $16k to Jamaica. The main products that Turks and Caicos Islands exported to Jamaica were Aluminium Structures ($12k), Interior Decorative Glassware ($811), and Refined Petroleum ($631). Over the past 5 years the exports of Turks and Caicos Islands to Jamaica have decreased at an annualized rate of 4.34%,  from $27.2k in 2018 to $16k in 2023.

In 2023, Turks and Caicos Islands 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, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $3.53M to Turks and Caicos Islands. The main products exported from Jamaica to Turks and Caicos Islands were Sand ($540k), Cement ($430k), and Other Prepared Meat ($399k). During the last 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 20.3%, from $1.4M in 2018 to $3.53M in 2023.

In 2018, Turks and Caicos Islands exported $16k to Jamaica. The main products exported from Turks and Caicos Islands to Jamaica were Aluminium Structures ($12k), Interior Decorative Glassware ($811), and Refined Petroleum ($631). During the last 5 years the exports of Turks and Caicos Islands to Jamaica have decreased at an annualized rate of 4.34%, from $27.2k in 2023 to $16k in 2018.

Exports from Jamaica (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Jamaica (Flag) (2023)

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

In 2023, countries that imported more from Turks and Caicos Islands than Jamaica included Gabon ($5.91M), Zimbabwe ($3.79M), and Mauritania ($502k).

Difference in imports from Turks and Caicos Islands (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - Turks and Caicos Islands

Flow
Scale

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 2023, Jamaica had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($1.37M), Foodstuffs ($1.34M), and Vegetable Products ($409k).

During 2018, Turks and Caicos Islands had a large net trade with Jamaica in the exports of Metals ($12k), Machines ($819), and Stone And Glass ($811).

Economic Complexity

Competitive Landscape

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.

Product Space of Jamaica (Flag) and Turks and Caicos Islands (Flag) (2023)

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