2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Jamaica-Kazakhstan Trade: In 2022, Jamaica exported $4.47k to Kazakhstan. The main products that Jamaica exported to Kazakhstan were Hard Liquor ($3.59k), Iron Fasteners ($524), and Other Iron Products ($307). Over the past 5 years the exports of Jamaica to Kazakhstan have decreased at an annualized rate of 25.5%, from $19.4k in 2017 to $4.47k in 2022.

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

Kazakhstan-Jamaica Trade: In 2022, Kazakhstan exported $143 to Jamaica. The main products that Kazakhstan exported to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($143). Over the past 5 years the exports of Kazakhstan to Jamaica have decreased at an annualized rate of 35.7%,  from $1.3k in 2017 to $143 in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $4.47k to Kazakhstan. The main products exported from Jamaica to Kazakhstan were Hard Liquor ($3.59k), Iron Fasteners ($524), and Other Iron Products ($307). During the last 5 years the exports of Jamaica to Kazakhstan have decreased at an annualized rate of 25.5%, from $19.4k in 2017 to $4.47k in 2022.

In 2017, Kazakhstan exported $143 to Jamaica. The main products exported from Kazakhstan to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($143). During the last 5 years the exports of Kazakhstan to Jamaica have decreased at an annualized rate of 35.7%, from $1.3k in 2022 to $143 in 2017.

Exports from Jamaica (Flag) to Kazakhstan (Flag) (2022)

Exports from Kazakhstan (Flag) to Jamaica (Flag) (2022)

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Kazakhstan
Top Destination
China$13.4B

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

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

In 2022, countries that imported more from Kazakhstan than Jamaica included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

Difference in imports from Kazakhstan (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Kazakhstan

Flow
Scale

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

During 2022, Jamaica had a large net trade with Kazakhstan in the exports of Foodstuffs ($3.59k), Metals ($831), and Textiles ($52).

During 2017, Kazakhstan had a large net trade with Jamaica in the exports of Transportation ($143).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Kazakhstan+$22.1kHard Liquor
Top Product Potential Kazakhstan Jamaica+$5.12kCrude 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

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

Product Space of Jamaica (Flag) and Kazakhstan (Flag) (2022)

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