2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Jamaica-Norway Trade: In 2022, Jamaica exported $5.29M to Norway. The main products that Jamaica exported to Norway were Refined Petroleum ($5.03M), Excavation Machinery ($140k), and Hard Liquor ($73.6k). Over the past 5 years the exports of Jamaica to Norway have increased at an annualized rate of 79.3%, from $285k in 2017 to $5.29M in 2022.

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

Norway-Jamaica Trade: In 2022, Norway exported $31.9M to Jamaica. The main products that Norway exported to Jamaica were Dried/Salted/Smoked/Brined Fish ($30.2M), Plastic Lids ($345k), and Plastic Pipes ($288k). Over the past 5 years the exports of Norway to Jamaica have increased at an annualized rate of 11.1%,  from $18.8M in 2017 to $31.9M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $5.29M to Norway. The main products exported from Jamaica to Norway were Refined Petroleum ($5.03M), Excavation Machinery ($140k), and Hard Liquor ($73.6k). During the last 5 years the exports of Jamaica to Norway have increased at an annualized rate of 79.3%, from $285k in 2017 to $5.29M in 2022.

In 2017, Norway exported $31.9M to Jamaica. The main products exported from Norway to Jamaica were Dried/Salted/Smoked/Brined Fish ($30.2M), Plastic Lids ($345k), and Plastic Pipes ($288k). During the last 5 years the exports of Norway to Jamaica have increased at an annualized rate of 11.1%, from $18.8M in 2022 to $31.9M in 2017.

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

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

Latest Data

Trade between Jamaica (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Norway
Top Destination
Germany$78.1B

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

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

In 2022, countries that imported more from Norway than Jamaica included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Jamaica - Norway

Flow
Scale

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

During 2022, Jamaica had a large net trade with Norway in the exports of Mineral Products ($5.03M), Machines ($143k), and Foodstuffs ($74.2k).

During 2017, Norway had a large net trade with Jamaica in the exports of Animal Products ($30.2M), Plastics and Rubbers ($643k), and Machines ($501k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Norway+$3.96MRefined Petroleum
Top Product Potential Norway Jamaica+$207kPlastic Lids

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

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

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