Jamaica (JAM) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Jamaica-North Macedonia Trade: In 2022, Jamaica exported $354 to North Macedonia. The main products that Jamaica exported to North Macedonia were Hard Liquor ($294) and Plastic Coated Textile Fabric ($60). Over the past 5 years the exports of Jamaica to North Macedonia have decreased at an annualized rate of 14.2%, from $761 in 2017 to $354 in 2022.

In 2022, Jamaica did not export any services to North Macedonia.

North Macedonia-Jamaica Trade: In 2022, North Macedonia exported $277 to Jamaica. The main products that North Macedonia exported to Jamaica were N/A. Over the past 5 years the exports of North Macedonia to Jamaica have decreased at an annualized rate of 10.6%, from $486 in 2017 to $277 in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $354 to North Macedonia. The main products exported from Jamaica to North Macedonia were Hard Liquor ($294) and Plastic Coated Textile Fabric ($60). During the last 5 years the exports of Jamaica to North Macedonia have decreased at an annualized rate of 14.2%, from $761 in 2017 to $354 in 2022.

In 2010, North Macedonia exported $277 to Jamaica. There were not main exports from North Macedonia to Jamaica in 2010. During the last 5 years the exports of North Macedonia to Jamaica have decreased at an annualized rate of 10.6%, from $486 in 2015 to $277 in 2010.

Exports from Jamaica () to North Macedonia () (2022)

Exports from North Macedonia () to Jamaica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

North Macedonia
Top DestinationGermany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than Jamaica included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Jamaica () (2022)

Comparative Advantage Jamaica - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with North Macedonia in the exports of Foodstuffs ($294) and Textiles ($60).

During 2010, North Macedonia had a large net trade with Jamaica in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica North Macedonia+$3.03kHard Liquor

Top Product Potential North Macedonia Jamaica+$2.13kRefined 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 North Macedonia. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to North Macedonia () (2022)

Exports from North Macedonia () to Jamaica () (2022)

Market Competitiveness

Difference in imports from North Macedonia () and Jamaica () (2022)

Comparative Advantage Jamaica - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and North Macedonia () (2022)

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