EENI Global Business School

Business in Jamaica, Kingston. Jamaican Economy



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Syllabus of the Subject

Logistics hub of the Caribbean (Jamaica, Foreign Trade) Coffee. Rum. Maritime services

  1. Introduction to Jamaica (Caribbean)
    1. Marcus Garvey
  2. Business in Kingston
  3. Jamaican Economy
  4. Foreign Trade of Jamaica
  5. Investment in Jamaica
  6. Business Opportunities in Jamaica:
    1. Food and beverages (coffee, rum)
    2. Maritime services and logistics
    3. Distribution
    4. Information and Communications Technology
    5. Manufacturing
    6. Tourism
    7. Business Process Outsourcing
  7. Case Study:
    1. Coffee Industry Board of Jamaica
    2. Processed food sector
  8. Access to the Jamaican Market
  9. Business Plan for Jamaica

Marcus Garvey, Jamaican Black Leader, Pan-Africanist vision


The aims of the subject “Foreign Trade and Business in Jamaica” are the following:

  1. To analyze the Jamaican Economy and Global Trade
  2. To know the business opportunities in Jamaica
  3. To explore the Jamaican trade relations with the country of the student
  4. To know the Jamaican Trade Agreements
  5. To examine the profile of Jamaican businesspeople and enterprises
  6. To develop a business plan for the Jamaican Market

E-learning Courses, Diplomas (Global Business, Foreign Trade)

The Subject “Foreign Trade and Business in Jamaica” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: American Business, World Trade.

Doctorate in International Business (DIB) Online

Masters for the Caribbean students (CARICOM).

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Jamaica Study Doctorate in International Business in French Jamaica.

Credits of the subject “Doing Business in Jamaica”: 1 ECTS Credits

Foreign Trade and Business in the Caribbean (CARICOM) and Cuba

Jamaica: The Caribbean logistics hub (Port of Kingston).

Market Access - Free Trade Agreements

Jamaican Preferential Access and Trade Agreements

  1. Jamaica and the Caribbean Economic Area
  2. CARICOM
    1. Colombia-Jamaica (CARICOM) Agreement
    2. UK-CARIFORUM Free Trade and Economic Integration Agreement
    3. Costa Rica-CARICOM (Jamaica) Agreement
    4. CARIFORUM-EU Agreement
    5. CARICOM-Dominican Republic Agreement
  3. Caribbean Single Market Economy (CSME)
  4. Caribbean Basin Initiative
    1. The U.S.-Caribbean Basin Trade Partnership Act
  5. Caribbean-Canada Trade Agreement
  6. Association of Caribbean States (Jamaica)
  7. Latin American and Caribbean Economic System
  8. Caribbean Development Bank

Trade Facilitation Programs. TFA Agreement


American Trade and Economic Organizations. Jamaica is a member of:

  1. OAS
  2. ECLAC
  3. Inter-American Development Bank
  4. CELAC

Globalization and International Organizations

  1. The Commonwealth
  2. UN
  3. WB
  4. WTO
  5. IMF
  6. WCO

  1. Jamaica has a strategic location in the Caribbean
  2. Jamaican language: English
  3. Capital of Jamaica: Kingston (937,700)
  4. Jamaican population: 2.7 million people
  5. Life expectancy at birth: seventy-four years
  6. Jamaican Area: 10,991 km²
  7. Independence of Jamaica: 1962 from the UK
  8. Abolition of Slavery in Jamaica: 1854
  9. African Diaspora in Jamaica: 2.6 million people (97% of the Jamaican population)

Main religion in Jamaica: Christianity (95% are Catholics).

Christianity and Global Business (Catholicism, Protestantism)

Jamaica belongs to the Caribbean Economic Area.


Jamaican Economy.

  1. A Market economy
  2. Jamaican GDP: 14.36 billion dollars
  3. Services: 80% of the Jamaican GDP
  4. Jamaican agriculture sector: 6.8% of the GDP
  5. Jamaica is the logistics hub of the Caribbean
  6. Stable business environment
  7. Key sectors of the Jamaican Economy: information and communications technology, manufacturing, tourism, Business Process Outsourcing, distribution, Maritime services, and Logistics
  8. Government Vision 2030 National Development Plan
  9. Currency of Jamaica: Jamaican dollar

International Trade and Business in Jamaica
International Trade and Business in Jamaica

Foreign Trade (Importing, Exporting)

Jamaican Foreign Trade.

  1. Jamaican top exports: fine food (spices, rum, Blue Mountain Coffee) and beverage
  2. FDI inflows (2004-14): 6,71 billion dollars
  3. Jamaican exports of goods: 1.4 billion dollars
  4. Export: 10.6% of the Jamaican GDP
  5. Port of Kingston: The largest container hub in the Caribbean
  6. Export companies in Jamaica should register in JAMPRO
  7. Jamaican agency responsible for attracting FDI: JAMPRO

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