Jamaica (JAM) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Jamaica-Albania Trade: In 2011, Jamaica exported $19.2k to Albania. The main products that Jamaica exported to Albania were N/A. Over the past 7 years the exports of Jamaica to Albania have increased at an annualized rate of 42.7%, from $1.6k in 2004 to $19.2k in 2011.

In 2011, Jamaica did not export any services to Albania.

Albania-Jamaica Trade: In 2011, Albania exported $368k to Jamaica. The main products that Albania exported to Jamaica were Leather Footwear ($243k), Waterproof Footwear ($98.7k), and Rubber Footwear ($19.1k). Over the past 7 years the exports of Albania to Jamaica have increased at an annualized rate of 24.5%, from $123k in 2004 to $368k in 2011.

In 2011, Albania did not export any services to Jamaica.

Comparison: In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2011, Jamaica exported $19.2k to Albania. There were not main exports from Jamaica to Albania in 2011. During the last 7 years the exports of Jamaica to Albania have increased at an annualized rate of 42.7%, from $1.6k in 2004 to $19.2k in 2011.

In 2017, Albania exported $368k to Jamaica. The main products exported from Albania to Jamaica were Leather Footwear ($243k), Waterproof Footwear ($98.7k), and Rubber Footwear ($19.1k). During the last 5 years the exports of Albania to Jamaica have increased at an annualized rate of 24.5%, from $123k in 2022 to $368k in 2017.

Exports from Jamaica () to Albania () (2022)

Exports from Albania () to Jamaica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Albania
Top DestinationItaly$1.75B

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

In 2022, countries that imported more from Jamaica than Albania included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

In 2022, countries that imported more from Albania than Jamaica included Italy ($1.75B), Greece ($421M), and Spain ($309M).

Difference in imports from Albania () and Jamaica () (2022)

Comparative Advantage Jamaica - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Jamaica had a large net trade with Albania in the exports of .

During 2017, Albania had a large net trade with Jamaica in the exports of Footwear and Headwear ($367k), Textiles ($1.79k), and Machines ($70).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Albania+$2.2kRefined Petroleum

Top Product Potential Albania Jamaica+$39.3kLeather Footwear

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Albania () (2022)

Exports from Albania () to Jamaica () (2022)

Market Competitiveness

Difference in imports from Albania () and Jamaica () (2022)

Comparative Advantage Jamaica - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Albania () (2022)

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