2022
Flag  
GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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2022
Flag
 GDP
$17.1BCURRENT US$
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2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$6,391CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
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2022
Flag
GDP PC
$6,047CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
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About

Ecuador-Jamaica In 2022, Ecuador exported $85.4M to Jamaica. The main products that Ecuador exported to Jamaica are Crude Petroleum ($75.3M), Glass Bottles ($4.16M), and Iron Stovetops ($1.68M). During the last 27 years the exports of Ecuador to Jamaica have increased at an annualized rate of 28.7%, from $94.2k in 1995 to $85.4M in 2022.

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

Jamaica-Ecuador In 2022, Jamaica exported $285k to Ecuador. The main products that Jamaica exported to Ecuador were Recreational Boats ($97k), Other Vegetable Residues and Waste ($73.9k), and Bran ($73.9k). During the last 27 years the exports of Jamaica to Ecuador have increased at an annualized rate of 0.73%, from $234k in 1995 to $285k in 2022.

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

Comparison In 2022,  Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $85.4M to Jamaica. The main products exported from Ecuador to Jamaica were Crude Petroleum ($75.3M), Glass Bottles ($4.16M), and Iron Stovetops ($1.68M). During the last 27 years the exports of Ecuador to Jamaica have increased at an annualized rate of 28.7%, from $94.2k in 1995 to $85.4M in 2022.

In 2022, Jamaica exported $285k to Ecuador. The main products exported from Jamaica to Ecuador were Recreational Boats ($97k), Other Vegetable Residues and Waste ($73.9k), and Bran ($73.9k). During the last 27 years the exports of Jamaica to Ecuador have increased at an annualized rate of 0.73%, from $234k in 1995 to $285k in 2022.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Jamaica
Top Destination
United States$1.11B

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

In 2021, countries that imported more from Ecuador than Jamaica were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2021, countries that imported more from Jamaica than Ecuador were Iceland ($39.5M), Barbados ($32.2M), and Latvia ($33.3M).

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

Comparative Advantage Ecuador - Jamaica

Flow
Scale

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

During 2022, Ecuador had a large net trade with Jamaica in the exports of Mineral Products ($75.3M), Stone And Glass ($5.11M), and Metals ($1.86M).

During 2022, Jamaica had a large net trade with Ecuador in the exports of Foodstuffs ($148k), Transportation ($97k), and Paper Goods ($22.7k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ecuador has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Ecuador.

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

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