Jamaica (JAM) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Jamaica-Greece Trade: In 2022, Jamaica exported $993k to Greece. The main products that Jamaica exported to Greece were Refined Petroleum ($378k), Crustaceans ($190k), and Hard Liquor ($185k). Over the past 5 years the exports of Jamaica to Greece have increased at an annualized rate of 17.8%, from $439k in 2017 to $993k in 2022.

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

Greece-Jamaica Trade: In 2022, Greece exported $5.03M to Jamaica. The main products that Greece exported to Jamaica were Metal Stoppers ($2.66M), Other Heating Machinery ($799k), and Engine Parts ($602k). Over the past 5 years the exports of Greece to Jamaica have increased at an annualized rate of 10.1%, from $2.12M in 2017 to $5.03M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $993k to Greece. The main products exported from Jamaica to Greece were Refined Petroleum ($378k), Crustaceans ($190k), and Hard Liquor ($185k). During the last 5 years the exports of Jamaica to Greece have increased at an annualized rate of 17.8%, from $439k in 2017 to $993k in 2022.

In 2017, Greece exported $5.03M to Jamaica. The main products exported from Greece to Jamaica were Metal Stoppers ($2.66M), Other Heating Machinery ($799k), and Engine Parts ($602k). During the last 5 years the exports of Greece to Jamaica have increased at an annualized rate of 10.1%, from $2.12M in 2022 to $5.03M in 2017.

Exports from Jamaica () to Greece () (2022)

Exports from Greece () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Jamaica than Greece included Iceland ($39.5M), Barbados ($32.2M), and Guyana ($26.6M).

In 2022, countries that imported more from Greece than Jamaica included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Jamaica - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Greece in the exports of Foodstuffs ($406k), Mineral Products ($378k), and Animal Products ($190k).

During 2017, Greece had a large net trade with Jamaica in the exports of Metals ($2.74M), Machines ($1.66M), and Foodstuffs ($211k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Greece+$1.07MRefined Petroleum

Top Product Potential Greece Jamaica+$163kOther Processed Fruits and Nuts

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Greece () (2022)

Exports from Greece () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Greece ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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