Logistics Market Intelligence

Caribbean Logistics Market 2024: $4.8B Industry Analysis

Shipping, air freight, and supply chain data, key ports, trade routes, and supply chain challenges across the Caribbean.

$4.8B

Total Market

(ECLAC, World Bank, 2024)

5.2%

CAGR 2019 to 2024

(ECLAC, 2024)

For a segment-level breakdown of the Caribbean logistics market, see our Caribbean logistics market analysis.

Key Ports

Major Caribbean ports by container throughput

PortCountryVolumeSpecialty
Port of KingstonπŸ‡―πŸ‡² Jamaica1.82M TEUsTransshipment hub
CaucedoπŸ‡©πŸ‡΄ Dominican Republic1.45M TEUsFree trade zone
Freeport Container PortπŸ‡§πŸ‡Έ Bahamas1.38M TEUsTransshipment
Port of SpainπŸ‡ΉπŸ‡Ή Trinidad520K TEUsRegional distribution
San JuanπŸ‡΅πŸ‡· Puerto Rico480K TEUsUS trade gateway
BridgetownπŸ‡§πŸ‡§ Barbados95K TEUsEastern Caribbean hub

Source: Port Authority of Jamaica, ECLAC Maritime Bulletin, Hutchison Ports, national port authorities, 2024. TEU figures are estimated based on published throughput data and industry reports.

Supply Chain Challenges

Key obstacles facing Caribbean logistics and supply chain operations

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Island Fragmentation

Serving 21 Caribbean and Latin American markets with different customs, regulations, and limited infrastructure creates costly complexity

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Hurricane Disruption

Annual hurricane season (June-November) disrupts shipping routes, damages port infrastructure, and causes supply shortages

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Import Dependence

The region imports the large majority of consumed goods, making supply chains vulnerable to global disruptions and price shocks

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Cold Chain Gaps

Limited refrigerated storage and transport capacity constrains fresh food distribution and pharmaceutical logistics

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E-Commerce Last Mile

Addressing systems, road quality, and sparse populations make last-mile delivery costly in many Caribbean markets

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Customs & Compliance

Varying customs procedures, tariff structures, and documentation requirements across Caribbean nations slow goods movement

Frequently Asked Questions

What is the Caribbean logistics market size in 2024?

The Caribbean logistics and freight market is an estimated US$4.8 billion, growing at a 5.2% compound annual growth rate from 2019 (ECLAC, World Bank, 2024). The Dominican Republic and Jamaica are the largest national markets.

Which Caribbean ports handle the most freight?

Kingston (Jamaica), Caucedo (Dominican Republic), and Freeport (Bahamas) lead Caribbean container throughput. Individual port volumes are shown in the Key Ports table on this page.

What is driving Caribbean logistics market growth?

Caribbean logistics growth is driven by e-commerce expansion, nearshoring activity benefiting the Dominican Republic, cruise tourism recovery, and infrastructure investment from CDB and IDB-funded port modernisation projects.

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Caribbean Logistics Market 2024: $4.8B Size & Forecast