Jamaica-Cayman Isds Bilateral Trade Analysis 2023
Complete trade statistics: $40.02M total volume •Jamaica surplus: $32.72M
Jamaica → Cayman Isds
$36.37M
Exports (2023)
Cayman Isds → Jamaica
$3.65M
Imports (2023)
Trade Balance
$32.72M
Surplus for Jamaica
Total Trade
$40.02M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Jamaica and Cayman Isds. Green line shows exports from Jamaica, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Jamaica-Cayman Isds commercial relationship and competitive positioning in global markets.
Jamaica → Cayman Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
Jamaica's export portfolio to Cayman Isds demonstrates strategic specialization, with meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen representing a key competitive advantage in this bilateral market.
Cayman Isds → Jamaica Imports
Import Dependency Profile
📦 Import Strategy Analysis
Jamaica's import pattern from Cayman Isds reveals significant dependencyin ethyl alcohol and other spirits: denatured, of any strength, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Jamaica demonstrates competitive strength in exportingmeat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen to Cayman Isds, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $40.02M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Jamaica-Cayman Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $40.02 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Jamaica maintains a surplus of $32.72 million
- Export Focus: Jamaica's primary exports include meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, iron or non-alloy steel: bars and rods, hot-rolled, in irregularly wound coils, n.e.c. in heading no. 7213, of circular cross-section measuring less than 14mm in diameter, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
- Import Dependencies: Key imports from Cayman Isds include ethyl alcohol and other spirits: denatured, of any strength, food preparations: n.e.c. in item no. 2106.10, aluminium: table, kitchen or other household articles and parts thereof: pot scourers and scouring or polishing pads, gloves and the like
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 $40.02M 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 Jamaica leveraging its comparative advantages in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen.
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
Jamaica's specialization in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozencomplements Cayman Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in ethyl alcohol and other spirits: denatured, of any strength.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $40.02M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $40.02M 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 $40.02 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen and ethyl alcohol and other spirits: denatured, of any strength demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Jamaica's trade surplus of $32.72 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 Jamaica and Cayman Isds represents a total trade volume of $40.02 million in 2023. This partnership demonstrates a favorable trade balance for Jamaica, with exports exceeding importsby $32.72 million.
Export Strengths
Jamaica's exports to Cayman Isds total $36.37 million, with competitive advantages in meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, representing $5.63M or15.5% of bilateral exports.
Import Dependencies
Imports from Cayman Isds amount to $3.65 million, highlighting economic interdependence in ethyl alcohol and other spirits: denatured, of any strength, with Ethyl alcohol and other spirits: denatured, of any strength comprising76.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Jamaica'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 Jamaica and Cayman Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023