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2023
Flag → Flag
Exports $4.83MRnk 39 / 150
2023
Flag → Flag
Top Product $2.12MBase Metal Watches
2023
Flag → Flag
Exports $39.4MRnk 91 / 198
2023
Flag → Flag
Top Product $2.45MCars
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Jamaica-Hong Kong Trade: In 2023, Jamaica exported $4.83M to Hong Kong. The main products that Jamaica exported to Hong Kong were Base Metal Watches ($2.12M), Crustaceans ($1.76M), and Telephones ($694k). Over the past 5 years the exports of Jamaica to Hong Kong have decreased at an annualized rate of 37.8%, from $52M in 2018 to $4.83M in 2023.

In 2023, Jamaica did not export any services to Hong Kong.

Hong Kong-Jamaica Trade: In 2023, Hong Kong exported $39.4M to Jamaica. The main products that Hong Kong exported to Jamaica were Cars ($2.45M), Electric Batteries ($2.04M), and Other Furniture ($1.29M). Over the past 5 years the exports of Hong Kong to Jamaica have increased at an annualized rate of 0.98%,  from $37.5M in 2018 to $39.4M in 2023.

In 2023, Hong Kong did not export any services to Jamaica.

Comparison: In 2023,  Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $4.83M to Hong Kong. The main products exported from Jamaica to Hong Kong were Base Metal Watches ($2.12M), Crustaceans ($1.76M), and Telephones ($694k). During the last 5 years the exports of Jamaica to Hong Kong have decreased at an annualized rate of 37.8%, from $52M in 2018 to $4.83M in 2023.

In 2018, Hong Kong exported $39.4M to Jamaica. The main products exported from Hong Kong to Jamaica were Cars ($2.45M), Electric Batteries ($2.04M), and Other Furniture ($1.29M). During the last 5 years the exports of Hong Kong to Jamaica have increased at an annualized rate of 0.98%, from $37.5M in 2023 to $39.4M in 2018.

Exports from Jamaica (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Jamaica (Flag) (2023)

Latest Data

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

Hong Kong Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Jamaica than Hong Kong included Iceland ($127M), Latvia ($131M), and Cayman Islands ($36.4M).

In 2023, countries that imported more from Hong Kong than Jamaica included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - Hong Kong

Flow
Scale

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

During 2023, Jamaica had a large net trade with Hong Kong in the exports of Instruments ($2.18M), Animal Products ($1.77M), and Machines ($727k).

During 2018, Hong Kong had a large net trade with Jamaica in the exports of Machines ($13.2M), Metals ($5.11M), and Plastics and Rubbers ($3.94M).

Potential Exports

Potential Exports

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

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

Product Space of Jamaica (Flag) and Hong Kong (Flag) (2023)

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