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Pricing

2022
Flag → Flag
Exports $70.8MRnk 4 / 157
2022
Flag → Flag
Top Product $22.6MVermouth
2022
Flag → Flag
Exports $71.1MRnk 114 / 224
2022
Flag → Flag
Top Product $5.71MCars
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Jamaica-United Kingdom Trade: In 2022, Jamaica exported $70.8M to United Kingdom. The main products that Jamaica exported to United Kingdom were Vermouth ($22.6M), Hard Liquor ($13.9M), and Refined Petroleum ($7.19M). Over the past 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 6.85%, from $50.8M in 2017 to $70.8M in 2022.

In 2022, Jamaica did not export any services to United Kingdom.

United Kingdom-Jamaica Trade: In 2022, United Kingdom exported $71.1M to Jamaica. The main products that United Kingdom exported to Jamaica were Cars ($5.71M), Large Construction Vehicles ($4.48M), and Plastic Lids ($3.58M). Over the past 5 years the exports of United Kingdom to Jamaica have decreased at an annualized rate of 2.58%,  from $103M in 2017 to $71.1M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $70.8M to United Kingdom. The main products exported from Jamaica to United Kingdom were Vermouth ($22.6M), Hard Liquor ($13.9M), and Refined Petroleum ($7.19M). During the last 5 years the exports of Jamaica to United Kingdom have increased at an annualized rate of 6.85%, from $50.8M in 2017 to $70.8M in 2022.

In 2017, United Kingdom exported $71.1M to Jamaica. The main products exported from United Kingdom to Jamaica were Cars ($5.71M), Large Construction Vehicles ($4.48M), and Plastic Lids ($3.58M). During the last 5 years the exports of United Kingdom to Jamaica have decreased at an annualized rate of 2.58%, from $103M in 2022 to $71.1M in 2017.

Exports from Jamaica (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Jamaica than United Kingdom included Haiti ($22.5M), Saint Kitts and Nevis ($12.5M), and Saint Martin ($3.29M).

In 2022, countries that imported more from United Kingdom than Jamaica included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - United Kingdom

Flow
Scale

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

During 2022, Jamaica had a large net trade with United Kingdom in the exports of Foodstuffs ($54.5M), Mineral Products ($7.19M), and Vegetable Products ($5.68M).

During 2017, United Kingdom had a large net trade with Jamaica in the exports of Machines ($15.5M), Foodstuffs ($9.67M), and Transportation ($9.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica United Kingdom+$10.6MRefined Petroleum
Top Product Potential United Kingdom Jamaica+$5.65MCars

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and United Kingdom (Flag) (2022)

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