Cayman Islands (CYM) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Cayman Islands-Jamaica Trade: In 2022, Cayman Islands exported $1.74M to Jamaica. The main products that Cayman Islands exported to Jamaica were Alcohol > 80% ABV ($730k), Other Edible Preparations ($195k), and Computers ($86.7k). Over the past 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 8.53%, from $1.15M in 2017 to $1.74M in 2022.

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

Jamaica-Cayman Islands Trade: In 2022, Jamaica exported $26.5M to Cayman Islands. The main products that Jamaica exported to Cayman Islands were Poultry Meat ($6.05M), Gravel and Crushed Stone ($1.71M), and Other Prepared Meat ($1.62M). Over the past 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 14.2%, from $13.7M in 2017 to $26.5M in 2022.

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

Comparison In 2022, Cayman Islands ranked 165 in total exports ($737M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $1.74M to Jamaica. The main products exported from Cayman Islands to Jamaica were Alcohol > 80% ABV ($730k), Other Edible Preparations ($195k), and Computers ($86.7k). During the last 5 years the exports of Cayman Islands to Jamaica have increased at an annualized rate of 8.53%, from $1.15M in 2017 to $1.74M in 2022.

In 2017, Jamaica exported $26.5M to Cayman Islands. The main products exported from Jamaica to Cayman Islands were Poultry Meat ($6.05M), Gravel and Crushed Stone ($1.71M), and Other Prepared Meat ($1.62M). During the last 5 years the exports of Jamaica to Cayman Islands have increased at an annualized rate of 14.2%, from $13.7M in 2022 to $26.5M in 2017.

Exports from Cayman Islands () to Jamaica () (2022)

Exports from Jamaica () to Cayman Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Cayman Islands than Jamaica included Malta ($218M), Norway ($163M), and Seychelles ($121M).

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

Difference in imports from Jamaica () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Jamaica in the exports of Foodstuffs ($925k), Machines ($270k), and Miscellaneous ($148k).

During 2017, Jamaica had a large net trade with Cayman Islands in the exports of Foodstuffs ($11M), Animal Products ($6.75M), and Mineral Products ($2.92M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and Jamaica. This means that a dot/product with the flag of Cayman 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 Cayman Islands.

About

Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Jamaica () (2022)

Exports from Jamaica () to Cayman Islands () (2022)

Market Competitiveness

Difference in imports from Jamaica () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Jamaica () (2022)

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