Jamaica (JAM) and Peru (PER) Trade | The Observatory of Economic Complexity

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Jamaica-Peru Trade: In 2023, Jamaica exported $658k to Peru. The main products that Jamaica exported to Peru were Hard Liquor ($511k), Scrap Plastic ($136k), and Refined Petroleum ($4.53k). Over the past 5 years the exports of Jamaica to Peru have decreased at an annualized rate of 11.8%, from $1.23M in 2018 to $658k in 2023.

In 2023, Jamaica did not export any services to Peru.

Peru-Jamaica Trade: In 2023, Peru exported $23.1M to Jamaica. The main products that Peru exported to Jamaica were Glass Bottles ($8.64M), Raw Plastic Sheeting ($4.04M), and Brochures ($3.87M). Over the past 5 years the exports of Peru to Jamaica have increased at an annualized rate of 11.2%, from $13.6M in 2018 to $23.1M in 2023.

In 2023, Peru did not export any services to Jamaica.

Comparison: In 2023, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $658k to Peru. The main products exported from Jamaica to Peru were Hard Liquor ($511k), Scrap Plastic ($136k), and Refined Petroleum ($4.53k). During the last 5 years the exports of Jamaica to Peru have decreased at an annualized rate of 11.8%, from $1.23M in 2018 to $658k in 2023.

In 2018, Peru exported $23.1M to Jamaica. The main products exported from Peru to Jamaica were Glass Bottles ($8.64M), Raw Plastic Sheeting ($4.04M), and Brochures ($3.87M). During the last 5 years the exports of Peru to Jamaica have increased at an annualized rate of 11.2%, from $13.6M in 2023 to $23.1M in 2018.

Exports from Jamaica () to Peru () (2023)

Exports from Peru () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Peru ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Jamaica than Peru included Latvia ($131M), Iceland ($127M), and Guyana ($80.7M).

In 2023, countries that imported more from Peru than Jamaica included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru () and Jamaica () (2023)

Comparative Advantage Jamaica - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Peru in the exports of Foodstuffs ($511k), Plastics and Rubbers ($137k), and Mineral Products ($4.53k).

During 2018, Peru had a large net trade with Jamaica in the exports of Stone And Glass ($8.89M), Plastics and Rubbers ($4.44M), and Paper Goods ($3.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Peru+$451kHard Liquor

Top Product Potential Peru Jamaica+$437kPlastic 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Peru () (2023)

Exports from Peru () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Peru ()

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Jamaica () (2023)

Comparative Advantage Jamaica - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Peru () (2023)

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