Canada (CAN) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Canada (CAN) and Jamaica (JAM) Trade

2022

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Exports $134MRnk 77 / 215

2022

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About

Canada-Jamaica In 2022, Canada exported $134M to Jamaica. The main products that Canada exported to Jamaica are Packaged Medicaments ($17M), Processed Fish ($10.1M), and Wheat ($9.36M). During the last 27 years the exports of Canada to Jamaica have increased at an annualized rate of 2.41%, from $70.5M in 1995 to $134M in 2022.

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Jamaica-Canada In 2022, Jamaica exported $81M to Canada. The main products that Jamaica exported to Canada were Aluminium Oxide ($30.8M), Hard Liquor ($10.2M), and Other Processed Fruits and Nuts ($8.73M). During the last 27 years the exports of Jamaica to Canada have decreased at an annualized rate of 1.83%, from $133M in 1995 to $81M in 2022.

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

Comparison In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$9.54M and imported C$5.4M from Jamaica, resulting in a positive trade balance of C$4.15M. Between January 2023 and January 2024 the exports of Canada have increased by C$130k (1.39%) from C$9.41M to C$9.54M, while imports increased by C$2.16M (66.9%) from C$3.23M to C$5.4M.

Trade In January 2024, the top exports of Canada to Jamaica were Processed Fish (C$2.18M), Packaged Medicaments (C$1.02M), Dried Legumes (C$575k), Pig Meat (C$513k), and Commodities not elsewhere specified (C$460k). In January 2024 the top imports of Canada from Jamaica were Cassava (C$882k), Alcohol > 80% ABV (C$507k), Baked Goods (C$363k), Other Processed Fruits and Nuts (C$286k), and Beer (C$256k).

Origins In January 2024 the exports of Canada were mainly from Ontario (C$4.52M), Quebec (C$2.14M), New Brunswick (C$1.12M), Manitoba (C$905k), and Prince Edward Is. (C$290k), while imports destinations were mainly Ontario (C$5.12M), Alberta (C$118k), Quebec (C$91.4k), British Columbia (C$58.8k), and Nova Scotia (C$3.93k).

Growth In January 2024, the increase in Canada's year-by-year exports to Jamaica was explained primarily by an increase in product exports in Dried Legumes (C$543k or 1.69k%), Packaged Medicaments (C$538k or 111%), and Pig Meat (C$441k or 611%). In January 2024, the increase in Canada's year-by-year imports from Jamaica was explained primarily by an increase in product imports in Cassava (C$108k or 13.9%), Alcohol > 80% ABV (C$103k or 25.6%), and Baked Goods (C$87.6k or 31.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$130k(1.39%)

IMPORT GROWTH (January 2023 - January 2024)C$2.16M(66.9%)

MAIN EXPORTER (January 2024)OntarioC$4.52M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Jamaica and Canada trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Canada exported $134M to Jamaica. The main products exported from Canada to Jamaica were Packaged Medicaments ($17M), Processed Fish ($10.1M), and Wheat ($9.36M). During the last 27 years the exports of Canada to Jamaica have increased at an annualized rate of 2.41%, from $70.5M in 1995 to $134M in 2022.

In 2022, Jamaica exported $81M to Canada. The main products exported from Jamaica to Canada were Aluminium Oxide ($30.8M), Hard Liquor ($10.2M), and Other Processed Fruits and Nuts ($8.73M). During the last 27 years the exports of Jamaica to Canada have decreased at an annualized rate of 1.83%, from $133M in 1995 to $81M in 2022.

Exports from Canada () to Jamaica () (2022)

Exports from Jamaica () to Canada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$438B

Jamaica
Top DestinationUnited States$1.11B

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

In 2021, countries that imported more from Canada than Jamaica were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Jamaica than Canada were Cayman Islands ($26.5M), Antigua and Barbuda ($26.1M), and Saint Kitts and Nevis ($12.5M).

Difference in imports from Jamaica () and Canada () (2022)

Comparative Advantage Canada - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Canada had a large net trade with Jamaica in the exports of Animal Products ($23.8M), Chemical Products ($23.5M), and Foodstuffs ($22.1M).

During 2022, Jamaica had a large net trade with Canada in the exports of Foodstuffs ($39.8M), Chemical Products ($31M), and Vegetable Products ($6.51M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Jamaica worth $93.9M, with Travel ($61.1M), Royalties and license fees ($29.8M), and Financial services ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Jamaica () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Canada has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Canada.

Product Space of Canada () and Jamaica () (2022)

Keep Exploring

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Saint Kitts and Nevis
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