Bahamas-Jamaica Bilateral Trade Analysis 2023
Complete trade statistics: $18.41M total volume •Bahamas deficit: $18.41M
Bahamas → Jamaica
$0
Exports (2023)
Jamaica → Bahamas
$18.41M
Imports (2023)
Trade Balance
$18.41M
Deficit for Bahamas
Total Trade
$18.41M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Bahamas and Jamaica. Green line shows exports from Bahamas, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Bahamas-Jamaica commercial relationship and competitive positioning in global markets.
Bahamas → Jamaica Exports
Export Market Intelligence
🎯 Strategic Export Focus
Bahamas's export portfolio to Jamaica demonstrates strategic specialization, with sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26) representing a key competitive advantage in this bilateral market.
Jamaica → Bahamas Imports
Import Dependency Profile
📦 Import Strategy Analysis
Bahamas's import pattern from Jamaica reveals significant dependencyin meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Bahamas demonstrates competitive strength in exportingsands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26) to Jamaica, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $18.41M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Bahamas-Jamaica Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $18.41 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Bahamas maintains a deficit of $18.41 million
- Export Focus: Bahamas's primary exports include sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26), crustaceans: frozen, rock lobsters and other sea crawfish (palinurus spp., panulirus spp., jasus spp.), in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, salt (including table salt and denatured salt): pure sodium chloride whether or not in aqueous solution: sea water
- Import Dependencies: Key imports from Jamaica include meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, mineral substances: n.e.c. in chapter 25, dairy produce: derived from milk, butter
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $18.41M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Bahamas leveraging its comparative advantages in sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Bahamas's specialization in sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26)complements Jamaica's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $18.41M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $18.41M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $18.41 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26) and meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Bahamas's trade deficit of $18.41 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Bahamas and Jamaica represents a total trade volume of $18.41 million in 2023. This partnership demonstrates an unfavorable trade balance for Bahamas, with imports exceeding exportsby $18.41 million.
Export Strengths
Bahamas's exports to Jamaica total $0.00, with competitive advantages in sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26), representing $866,680 orInfinity% of bilateral exports.
Import Dependencies
Imports from Jamaica amount to $18.41 million, highlighting economic interdependence in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, with Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen comprising17.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Bahamas's strategic sourcing from Jamaica. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Bahamas and Jamaica in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023