Bilateral relations between Canada and Jamaica are close and extensive. With the largest population in the Caribbean, Jamaica is a long-standing and important partner for Canada. Canada is actively engaged with Jamaica on a wide range of issues, including; Security and defence cooperation, trade and investment relations and development. Canada and Jamaica cooperate within the Commonwealth, the United Nations and the Organization of American States. Take your business to the next level. Explore opportunities to increase your footprint in Jamaica with the help of our Trade Commissioner Service (TCS) and learn more about trade relations between the two countries, market facts and other discoveries. Jamaica negotiates with the United States under the Caribbean Basin Initiative (CBI), which includes the Caribbean Basin Economic Recovery Act (CBERA) 1983/1990 and the Caribbean Basin Trade Partnership Act (CBPTA) 2000. CBERA and CBTPA offer (non-reciprocal) duty-free access to the U.S. market, with a few exceptions, such as footwear, luggage, flat goods, work gloves, leather clothing, watches and parts.

The data on trade in goods are based on tariffs; trade data on services and data on foreign direct investment are based on the balance of payments. Services trade deficit in 2016: Jamaica, along with the other CARICOM countries, is part of the Caribbean regional development programme announced in 2007, announced in 2007, with $600 million in development assistance. The programme covers three main pillars: sustainable economic development, justice sector reform and civil protection. Jamaica is negotiating with Canada under the 1986 Caribbean-Canada Trade Agreement (CARIBCAN). CARIBCAN offers (non-reciprocal) access to the Canadian duty-free market, with a few exceptions (textile and clothing, leather goods, footwear, etc.) of all caricom countries, with the exception of Suriname. See the text under Canada and Jamaica have a long-standing and mutually beneficial trade and investment relationship and there is still room to develop. In 2017, Jamaica was Canada`s third-largest bilateral merchandise market among CARICOM countries. Canada is a major player in Jamaica`s financial sector. In addition, you can download each chart in several formats by clicking on the “Download the Image” button at the top right of the chart. Before you download bar diagrams and diagrams with coiled dots, you can turn datasets on or off. The caricom countries represent a market of 74.6 million people and have a total GDP of $74 billion.

In 2014, CARICOM member states imported $137.9 million worth of agri-food products from Canada; Along with Jamaica, Trinidad and Tobago and the Bahamas, major export markets dominate. The CARICOM-U.S. Framework Agreement (TIFA) was signed on 28 May 2013 and aims to strengthen economic relations between the United States and the Caricom countries by strengthening cooperation and promotion of trade and investment. As part of this agreement, the U.S. Trade and Investment Council (CARICOM) is created to facilitate discussions between CARICOM and the United States on trade and investment issues. See the text of the agreement under the link: ustr.gov/sites/default/files/US%20CARICOM%20TIFA%20US.pdf In the economic indicators section, data on GDP in PPP, GDP per capita in PPP, population and international exports and imports of goods come from the World Bank`s Global Development Indicators database. Trade rankings for goods and services are based on Statistics Canada data. The “Ease of Doing Business” ranking is from the World Bank`s Doing business project.