Jamaica (JAM) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Jamaica-Malaysia Trade: In 2022, Jamaica exported $1.3M to Malaysia. The main products that Jamaica exported to Malaysia were Raw Aluminium ($335k), Pepper ($261k), and Tungsten ($241k). Over the past 5 years the exports of Jamaica to Malaysia have increased at an annualized rate of 12.5%, from $723k in 2017 to $1.3M in 2022.

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

Malaysia-Jamaica Trade: In 2022, Malaysia exported $24M to Jamaica. The main products that Malaysia exported to Jamaica were Legume Flours ($3.57M), Malt Extract ($3.17M), and Other Furniture ($2.26M). Over the past 5 years the exports of Malaysia to Jamaica have increased at an annualized rate of 3.52%, from $20.2M in 2017 to $24M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $1.3M to Malaysia. The main products exported from Jamaica to Malaysia were Raw Aluminium ($335k), Pepper ($261k), and Tungsten ($241k). During the last 5 years the exports of Jamaica to Malaysia have increased at an annualized rate of 12.5%, from $723k in 2017 to $1.3M in 2022.

In 2017, Malaysia exported $24M to Jamaica. The main products exported from Malaysia to Jamaica were Legume Flours ($3.57M), Malt Extract ($3.17M), and Other Furniture ($2.26M). During the last 5 years the exports of Malaysia to Jamaica have increased at an annualized rate of 3.52%, from $20.2M in 2022 to $24M in 2017.

Exports from Jamaica () to Malaysia () (2022)

Exports from Malaysia () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Malaysia
Top DestinationSingapore$53.8B

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

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

In 2022, countries that imported more from Malaysia than Jamaica included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Jamaica - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Malaysia in the exports of Metals ($795k), Vegetable Products ($265k), and Plastics and Rubbers ($150k).

During 2017, Malaysia had a large net trade with Jamaica in the exports of Foodstuffs ($5.38M), Vegetable Products ($3.6M), and Miscellaneous ($2.93M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Malaysia+$186kScrap Copper

Top Product Potential Malaysia Jamaica+$766kOther Furniture

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Malaysia () (2022)

Exports from Malaysia () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Malaysia ()

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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