Jamaica is a Caribbean island republic with a land area of 10,990 square kilometers, making it the third-largest island in the Greater Antilles and the Caribbean.
The island nation is located around 140 kilometers south of Cuba and 191 kilometers west of Hispaniola. The Cayman Islands, a British Overseas Territory, is located 215 kilometers to the northwest.
Due to its strategic location in the Caribbean Sea and as the main shipping path to the Panama Canal, Jamaica sees a lot of container traffic. Its importance stems from its closeness to both huge and rising markets in North America and Latin America.
According to the Economic Complexity Index, Jamaica was the number 128 economy in the world in terms of GDP in 2020, the number 147 in total exports, the number 132 in total imports, the number 104 economy in terms of GDP per capita, and the number 76 most complicated economy.
Aluminum and Aluminium Ore, Refined Petroleum, Liquor, and Other Processed Fruits and Nuts are Jamaica’s biggest exports, with most of them going to the United States, Canada, and the Netherlands, Iceland, and Russia.
Refined petroleum, petroleum products, automobiles, petroleum gas, and shipping containers are Jamaica’s biggest imports, with the majority coming from the United States, China, Brazil, Japan, and Guyana.