2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Belize-Jamaica Trade: In 2022, Belize exported $14.9M to Jamaica. The main products that Belize exported to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). Over the past 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%, from $16.4M in 2017 to $14.9M in 2022.

In 2022, Belize did not export any services to Jamaica.

Jamaica-Belize Trade: In 2022, Jamaica exported $3.13M to Belize. The main products that Jamaica exported to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). Over the past 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 14.1%,  from $6.68M in 2017 to $3.13M in 2022.

In 2022, Jamaica did not export any services to Belize.

Comparison In 2022,  Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $14.9M to Jamaica. The main products exported from Belize to Jamaica were Fruit Juice ($7.07M), Dried Legumes ($2.16M), and Cereal Meal and Pellets ($1.45M). During the last 5 years the exports of Belize to Jamaica have decreased at an annualized rate of 1.85%, from $16.4M in 2017 to $14.9M in 2022.

In 2017, Jamaica exported $3.13M to Belize. The main products exported from Jamaica to Belize were Sausages ($723k), Beer ($454k), and Vermouth ($352k). During the last 5 years the exports of Jamaica to Belize have decreased at an annualized rate of 14.1%, from $6.68M in 2022 to $3.13M in 2017.

Exports from Belize (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Jamaica (Flag)

Belize Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Belize than Jamaica included Guatemala ($39.2M), Spain ($28.7M), and Honduras ($19.9M).

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

Difference in imports from Jamaica (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Jamaica

Flow
Scale

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

During 2022, Belize had a large net trade with Jamaica in the exports of Foodstuffs ($7.47M), Vegetable Products ($3.66M), and Stone And Glass ($930k).

During 2017, Jamaica had a large net trade with Belize in the exports of Foodstuffs ($2.21M), Chemical Products ($713k), and Paper Goods ($87.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Jamaica (Flag) (2022)

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