2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Jamaica-Netherlands Trade: In 2022, Jamaica exported $16.8M to Netherlands. The main products that Jamaica exported to Netherlands were Aluminium Oxide ($9.88M), Hard Liquor ($4.06M), and Petroleum Gas ($1.81M). Over the past 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 34.8%, from $143M in 2017 to $16.8M in 2022.

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

Netherlands-Jamaica Trade: In 2022, Netherlands exported $82M to Jamaica. The main products that Netherlands exported to Jamaica were Other Edible Preparations ($28.2M), Other Frozen Vegetables ($7.22M), and Other Tin Products ($5.88M). Over the past 5 years the exports of Netherlands to Jamaica have increased at an annualized rate of 6.51%,  from $59.8M in 2017 to $82M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $16.8M to Netherlands. The main products exported from Jamaica to Netherlands were Aluminium Oxide ($9.88M), Hard Liquor ($4.06M), and Petroleum Gas ($1.81M). During the last 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 34.8%, from $143M in 2017 to $16.8M in 2022.

In 2017, Netherlands exported $82M to Jamaica. The main products exported from Netherlands to Jamaica were Other Edible Preparations ($28.2M), Other Frozen Vegetables ($7.22M), and Other Tin Products ($5.88M). During the last 5 years the exports of Netherlands to Jamaica have increased at an annualized rate of 6.51%, from $59.8M in 2022 to $82M in 2017.

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

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

Latest Data

Trade between Jamaica (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Jamaica than Netherlands included Cayman Islands ($26.5M), Antigua and Barbuda ($26.1M), and Saint Kitts and Nevis ($12.5M).

In 2022, countries that imported more from Netherlands than Jamaica included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Jamaica - Netherlands

Flow
Scale

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

During 2022, Jamaica had a large net trade with Netherlands in the exports of Chemical Products ($9.89M), Foodstuffs ($4.29M), and Mineral Products ($2.08M).

During 2017, Netherlands had a large net trade with Jamaica in the exports of Foodstuffs ($39.2M), Machines ($11.3M), and Metals ($8.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Netherlands+$8.07MPetroleum Gas
Top Product Potential Netherlands Jamaica+$3.33MRefined 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 Netherlands. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Jamaica.

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

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