2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Brazil-Jamaica Trade: In 2022, Brazil exported $371M to Jamaica. The main products that Brazil exported to Jamaica were Crude Petroleum ($273M), Unglazed Ceramics ($13.4M), and Plywood ($13.3M). Over the past 5 years the exports of Brazil to Jamaica have increased at an annualized rate of 27.1%, from $112M in 2017 to $371M in 2022.

In 2022, Brazil did not export any services to Jamaica.

Jamaica-Brazil Trade: In 2022, Jamaica exported $108k to Brazil. The main products that Jamaica exported to Brazil were Recovered Paper ($23.5k), Low-voltage Protection Equipment ($23.4k), and Electricity ($18.4k). Over the past 5 years the exports of Jamaica to Brazil have decreased at an annualized rate of 37.9%,  from $1.17M in 2017 to $108k in 2022.

In 2022, Jamaica did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $371M to Jamaica. The main products exported from Brazil to Jamaica were Crude Petroleum ($273M), Unglazed Ceramics ($13.4M), and Plywood ($13.3M). During the last 5 years the exports of Brazil to Jamaica have increased at an annualized rate of 27.1%, from $112M in 2017 to $371M in 2022.

In 2017, Jamaica exported $108k to Brazil. The main products exported from Jamaica to Brazil were Recovered Paper ($23.5k), Low-voltage Protection Equipment ($23.4k), and Electricity ($18.4k). During the last 5 years the exports of Jamaica to Brazil have decreased at an annualized rate of 37.9%, from $1.17M in 2022 to $108k in 2017.

Exports from Brazil (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Jamaica
Top Destination
United States$1.11B

This map shows whether countries import more from Brazil or Jamaica. Each country is colored based on the difference in imports they receive from Brazil and Jamaica or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than Jamaica included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Jamaica than Brazil included Cayman Islands ($26.5M), Saint Kitts and Nevis ($12.5M), and Saint Lucia ($10.1M).

Difference in imports from Jamaica (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Jamaica

Flow
Scale

This chart compares trade between Brazil and Jamaica by product, considering products traded by both, Brazil and Jamaica.

During 2022, Brazil had a large net trade with Jamaica in the exports of Mineral Products ($273M), Foodstuffs ($21.4M), and Wood Products ($17.5M).

During 2017, Jamaica had a large net trade with Brazil in the exports of Plastics and Rubbers ($26.3k), Paper Goods ($24.6k), and Machines ($23.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Jamaica+$3.9MCorn
Top Product Potential Jamaica Brazil+$70.7kElectricity

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Jamaica. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Jamaica (Flag) (2022)

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