Canada-Jamaica Bilateral Trade Analysis 2023
Complete trade statistics: $174.27M total volume •Canada surplus: $72.22M
Canada → Jamaica
$123.24M
Exports (2023)
Jamaica → Canada
$51.03M
Imports (2023)
Trade Balance
$72.22M
Surplus for Canada
Total Trade
$174.27M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Canada and Jamaica. Green line shows exports from Canada, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Canada-Jamaica commercial relationship and competitive positioning in global markets.
Canada → Jamaica Exports
Export Market Intelligence
🎯 Strategic Export Focus
Canada's export portfolio to Jamaica demonstrates strategic specialization, with fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced) representing a key competitive advantage in this bilateral market.
Jamaica → Canada Imports
Import Dependency Profile
📦 Import Strategy Analysis
Canada's import pattern from Jamaica reveals significant dependencyin undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Canada demonstrates competitive strength in exportingfish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced) to Jamaica, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $174.27M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Canada-Jamaica Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $174.27 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Canada maintains a surplus of $72.22 million
- Export Focus: Canada's primary exports include fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced), cereals: wheat and meslin, other than durum wheat, other than seed, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
- Import Dependencies: Key imports from Jamaica include undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher, vegetable roots and tubers: yams (dioscorea spp.) with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets, rum and other spirits obtained by distilling fermented sugar-cane products
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 $174.27M 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 Canada leveraging its comparative advantages in fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced).
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
Canada's specialization in fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced)complements Jamaica's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $174.27M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $174.27M 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 $174.27 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced) and undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Canada's trade surplus of $72.22 million strengthens 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 Canada and Jamaica represents a total trade volume of $174.27 million in 2023. This partnership demonstrates a favorable trade balance for Canada, with exports exceeding importsby $72.22 million.
Export Strengths
Canada's exports to Jamaica total $123.24 million, with competitive advantages in fish preparations: sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced), representing $15.73M or12.8% of bilateral exports.
Import Dependencies
Imports from Jamaica amount to $51.03 million, highlighting economic interdependence in undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher, with Undenatured ethyl alcohol: of an alcoholic strength by volume of 80% vol. or higher comprising17.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Canada's competitive position in this bilateral relationship. 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 Canada and Jamaica in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023