Jamaica (JAM) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Jamaica-Belgium Trade: In 2022, Jamaica exported $2.21M to Belgium. The main products that Jamaica exported to Belgium were Coffee ($1.84M), Non-Iron and Steel Slag, Ash and Residues ($98k), and Hard Liquor ($65.9k). Over the past 5 years the exports of Jamaica to Belgium have decreased at an annualized rate of 7.45%, from $3.26M in 2017 to $2.21M in 2022.

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

Belgium-Jamaica Trade: In 2022, Belgium exported $32.8M to Jamaica. The main products that Belgium exported to Jamaica were Other Frozen Vegetables ($8.33M), Animal Food ($3.13M), and Malt ($2.67M). Over the past 5 years the exports of Belgium to Jamaica have increased at an annualized rate of 3.16%, from $28.1M in 2017 to $32.8M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $2.21M to Belgium. The main products exported from Jamaica to Belgium were Coffee ($1.84M), Non-Iron and Steel Slag, Ash and Residues ($98k), and Hard Liquor ($65.9k). During the last 5 years the exports of Jamaica to Belgium have decreased at an annualized rate of 7.45%, from $3.26M in 2017 to $2.21M in 2022.

In 2017, Belgium exported $32.8M to Jamaica. The main products exported from Belgium to Jamaica were Other Frozen Vegetables ($8.33M), Animal Food ($3.13M), and Malt ($2.67M). During the last 5 years the exports of Belgium to Jamaica have increased at an annualized rate of 3.16%, from $28.1M in 2022 to $32.8M in 2017.

Exports from Jamaica () to Belgium () (2022)

Exports from Belgium () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Jamaica included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Jamaica - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Belgium in the exports of Vegetable Products ($1.84M), Machines ($131k), and Mineral Products ($98.2k).

During 2017, Belgium had a large net trade with Jamaica in the exports of Foodstuffs ($12.4M), Chemical Products ($5.67M), and Vegetable Products ($4.44M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Belgium+$949kCoffee

Top Product Potential Belgium Jamaica+$2.27MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Belgium () (2022)

Exports from Belgium () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Belgium ()

Belgium Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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