2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Trinidad and Tobago-Jamaica Trade: In 2023, Trinidad and Tobago exported $227M to Jamaica. The main products that Trinidad and Tobago exported to Jamaica were Flavored Water ($37.4M), Petroleum Gas ($33.9M), and Baked Goods ($31.8M). Over the past 5 years the exports of Trinidad and Tobago to Jamaica have decreased at an annualized rate of 10.7%, from $401M in 2018 to $227M in 2023.

In 2023, Trinidad and Tobago did not export any services to Jamaica.

Jamaica-Trinidad and Tobago Trade: In 2023, Jamaica exported $35.8M to Trinidad and Tobago. The main products that Jamaica exported to Trinidad and Tobago were Margarine ($7.4M), Vermouth ($5.17M), and Flavored Water ($4.07M). Over the past 5 years the exports of Jamaica to Trinidad and Tobago have increased at an annualized rate of 10%,  from $22.2M in 2018 to $35.8M in 2023.

In 2023, Jamaica did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $227M to Jamaica. The main products exported from Trinidad and Tobago to Jamaica were Flavored Water ($37.4M), Petroleum Gas ($33.9M), and Baked Goods ($31.8M). During the last 5 years the exports of Trinidad and Tobago to Jamaica have decreased at an annualized rate of 10.7%, from $401M in 2018 to $227M in 2023.

In 2018, Jamaica exported $35.8M to Trinidad and Tobago. The main products exported from Jamaica to Trinidad and Tobago were Margarine ($7.4M), Vermouth ($5.17M), and Flavored Water ($4.07M). During the last 5 years the exports of Jamaica to Trinidad and Tobago have increased at an annualized rate of 10%, from $22.2M in 2023 to $35.8M in 2018.

Exports from Trinidad and Tobago (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

Trade between Trinidad and Tobago (Flag) and Jamaica (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Trinidad and Tobago than Jamaica included United States ($3.26B), China ($783M), and Chile ($605M).

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

Difference in imports from Jamaica (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - Jamaica

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Jamaica in the exports of Foodstuffs ($120M), Mineral Products ($34.2M), and Paper Goods ($18M).

During 2018, Jamaica had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($14M), Animal and Vegetable Bi-Products ($7.56M), and Chemical Products ($5.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Jamaica+$350kRefined Petroleum
Top Product Potential Jamaica Trinidad and Tobago+$1.19MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Trinidad and Tobago (Flag) and Jamaica (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with