2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 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

Hong Kong-Jamaica Trade: In 2022, Hong Kong exported $41.3M to Jamaica. The main products that Hong Kong exported to Jamaica were Broadcasting Equipment ($5.51M), Electric Batteries ($2.52M), and Rubber Tires ($2.41M). Over the past 5 years the exports of Hong Kong to Jamaica have increased at an annualized rate of 4.99%, from $32.4M in 2017 to $41.3M in 2022.

In 2022, Hong Kong did not export any services to Jamaica.

Jamaica-Hong Kong Trade: In 2022, Jamaica exported $1.47M to Hong Kong. The main products that Jamaica exported to Hong Kong were Telephones ($550k), Precious Metal Watches ($349k), and Crustaceans ($298k). Over the past 5 years the exports of Jamaica to Hong Kong have decreased at an annualized rate of 39.7%,  from $18.5M in 2017 to $1.47M in 2022.

In 2022, Jamaica did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $41.3M to Jamaica. The main products exported from Hong Kong to Jamaica were Broadcasting Equipment ($5.51M), Electric Batteries ($2.52M), and Rubber Tires ($2.41M). During the last 5 years the exports of Hong Kong to Jamaica have increased at an annualized rate of 4.99%, from $32.4M in 2017 to $41.3M in 2022.

In 2017, Jamaica exported $1.47M to Hong Kong. The main products exported from Jamaica to Hong Kong were Telephones ($550k), Precious Metal Watches ($349k), and Crustaceans ($298k). During the last 5 years the exports of Jamaica to Hong Kong have decreased at an annualized rate of 39.7%, from $18.5M in 2022 to $1.47M in 2017.

Exports from Hong Kong (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Jamaica (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Hong Kong than Jamaica included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Jamaica than Hong Kong included Cayman Islands ($26.5M), Antigua and Barbuda ($26.1M), and Barbados ($32.2M).

Difference in imports from Jamaica (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Jamaica

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Jamaica in the exports of Machines ($17.5M), Plastics and Rubbers ($5.03M), and Metals ($4.05M).

During 2017, Jamaica had a large net trade with Hong Kong in the exports of Machines ($564k), Instruments ($449k), and Animal Products ($298k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Jamaica+$1.4MTelephones
Top Product Potential Jamaica Hong Kong+$752kTelephones

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 Hong Kong and Jamaica. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Jamaica (Flag) (2022)

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