2023
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 GDP
$19.4BCURRENT US$
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2013-2023
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GDP GROWTH
36.2%CURRENT US$
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2023
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GDP PC
$6,840CURRENT US$
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2013-2023
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GDP PC GROWTH
33.5%CURRENT US$
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About

British Virgin Islands-Jamaica Trade: In 2023, British Virgin Islands exported $878k to Jamaica. The main products that British Virgin Islands exported to Jamaica were Refrigerators ($361k), Video Displays ($275k), and Iron Stovetops ($59.7k). Over the past 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 31.5%, from $223k in 2018 to $878k in 2023.

In 2023, British Virgin Islands did not export any services to Jamaica.

Jamaica-British Virgin Islands Trade: In 2023, Jamaica exported $1.26M to British Virgin Islands. The main products that Jamaica exported to British Virgin Islands were Other Prepared Meat ($397k), Flavored Water ($171k), and Beer ($100k). Over the past 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 4.62%,  from $1M in 2018 to $1.26M in 2023.

In 2023, Jamaica did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), 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, British Virgin Islands exported $878k to Jamaica. The main products exported from British Virgin Islands to Jamaica were Refrigerators ($361k), Video Displays ($275k), and Iron Stovetops ($59.7k). During the last 5 years the exports of British Virgin Islands to Jamaica have increased at an annualized rate of 31.5%, from $223k in 2018 to $878k in 2023.

In 2018, Jamaica exported $1.26M to British Virgin Islands. The main products exported from Jamaica to British Virgin Islands were Other Prepared Meat ($397k), Flavored Water ($171k), and Beer ($100k). During the last 5 years the exports of Jamaica to British Virgin Islands have increased at an annualized rate of 4.62%, from $1M in 2023 to $1.26M in 2018.

Exports from British Virgin Islands (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to British Virgin Islands (Flag) (2023)

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from British Virgin Islands than Jamaica included Malta ($93.7M), Greece ($30.3M), and Indonesia ($11.5M).

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

Difference in imports from Jamaica (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Jamaica

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Jamaica in the exports of Machines ($754k), Metals ($87.8k), and Foodstuffs ($15.3k).

During 2018, Jamaica had a large net trade with British Virgin Islands in the exports of Foodstuffs ($957k), Animal Products ($153k), and Vegetable Products ($70.2k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Jamaica (Flag) (2023)

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