2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Brazil-Jamaica Trade: In 2023, Brazil exported $315M to Jamaica. The main products that Brazil exported to Jamaica were Crude Petroleum ($166M), Other Steel Bars ($21M), and Corn ($15.5M). Over the past 5 years the exports of Brazil to Jamaica have increased at an annualized rate of 25.2%, from $102M in 2018 to $315M in 2023.

In 2023, Brazil did not export any services to Jamaica.

Jamaica-Brazil Trade: In 2023, Jamaica exported $199k to Brazil. The main products that Jamaica exported to Brazil were Scrap Plastic ($134k), Other Cloth Articles ($20.5k), and Electricity ($18.9k). Over the past 5 years the exports of Jamaica to Brazil have decreased at an annualized rate of 33.9%,  from $1.57M in 2018 to $199k in 2023.

In 2023, Jamaica did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $315M to Jamaica. The main products exported from Brazil to Jamaica were Crude Petroleum ($166M), Other Steel Bars ($21M), and Corn ($15.5M). During the last 5 years the exports of Brazil to Jamaica have increased at an annualized rate of 25.2%, from $102M in 2018 to $315M in 2023.

In 2018, Jamaica exported $199k to Brazil. The main products exported from Jamaica to Brazil were Scrap Plastic ($134k), Other Cloth Articles ($20.5k), and Electricity ($18.9k). During the last 5 years the exports of Jamaica to Brazil have decreased at an annualized rate of 33.9%, from $1.57M in 2023 to $199k in 2018.

Exports from Brazil (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Jamaica
Top Destination
United States$709M

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 2023, countries that imported more from Brazil than Jamaica included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Jamaica than Brazil included Latvia ($131M), Cayman Islands ($36.4M), and Barbados ($46.1M).

Difference in imports from Jamaica (Flag) and Brazil (Flag) (2023)

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 2023, Brazil had a large net trade with Jamaica in the exports of Mineral Products ($180M), Metals ($40.1M), and Foodstuffs ($20.8M).

During 2018, Jamaica had a large net trade with Brazil in the exports of Plastics and Rubbers ($137k), Textiles ($20.5k), and Mineral Products ($18.9k).

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) (2023)

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