2022
Flag  
GDP
$17.1BCURRENT US$
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2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
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2022
Flag
GDP PC 
$6,047CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
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About

Jamaica-British Virgin Islands Trade: In 2022, Jamaica exported $4.28M to British Virgin Islands. The main products that Jamaica exported to British Virgin Islands were Refined Petroleum ($3.39M), Other Prepared Meat ($150k), and Flavored Water ($143k). Over the past 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 25%, from $1.4M in 2017 to $4.28M in 2022.

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

British Virgin Islands-Jamaica Trade: In 2022, British Virgin Islands exported $512k to Jamaica. The main products that British Virgin Islands exported to Jamaica were Video Displays ($229k), Refrigerators ($105k), and Aluminium Housewares ($23.2k). Over the past 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 9.22%,  from $253k in 2017 to $512k in 2022.

In 2022, British Virgin 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, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $4.28M to British Virgin Islands. The main products exported from Jamaica to British Virgin Islands were Refined Petroleum ($3.39M), Other Prepared Meat ($150k), and Flavored Water ($143k). During the last 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 25%, from $1.4M in 2017 to $4.28M in 2022.

In 2017, British Virgin Islands exported $512k to Jamaica. The main products exported from British Virgin Islands to Jamaica were Video Displays ($229k), Refrigerators ($105k), and Aluminium Housewares ($23.2k). During the last 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 9.22%, from $253k in 2022 to $512k in 2017.

Exports from Jamaica (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Jamaica (Flag) (2022)

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
British Virgin Islands
Top Destination
Malta$85.8M

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

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

In 2022, countries that imported more from British Virgin Islands than Jamaica included Malta ($85.8M), Brazil ($23M), and Switzerland ($19.1M).

Difference in imports from British Virgin Islands (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - British Virgin Islands

Flow
Scale

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

During 2022, Jamaica had a large net trade with British Virgin Islands in the exports of Mineral Products ($3.39M), Foodstuffs ($673k), and Animal Products ($101k).

During 2017, British Virgin Islands had a large net trade with Jamaica in the exports of Machines ($419k), Metals ($43k), and Foodstuffs ($21.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and British Virgin Islands (Flag) (2022)

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