2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Jamaica-Philippines Trade: In 2023, Jamaica exported $1.71M to Philippines. The main products that Jamaica exported to Philippines were Alcohol > 80% ABV ($1.56M), Delivery Trucks ($78k), and Large Construction Vehicles ($23.5k). Over the past 5 years the exports of Jamaica to Philippines have increased at an annualized rate of 34.2%, from $392k in 2018 to $1.71M in 2023.

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

Philippines-Jamaica Trade: In 2023, Philippines exported $2.59M to Jamaica. The main products that Philippines exported to Jamaica were Low-voltage Protection Equipment ($1.13M), Glass Bottles ($629k), and Insulated Wire ($192k). Over the past 5 years the exports of Philippines to Jamaica have increased at an annualized rate of 34.6%,  from $586k in 2018 to $2.59M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $1.71M to Philippines. The main products exported from Jamaica to Philippines were Alcohol > 80% ABV ($1.56M), Delivery Trucks ($78k), and Large Construction Vehicles ($23.5k). During the last 5 years the exports of Jamaica to Philippines have increased at an annualized rate of 34.2%, from $392k in 2018 to $1.71M in 2023.

In 2018, Philippines exported $2.59M to Jamaica. The main products exported from Philippines to Jamaica were Low-voltage Protection Equipment ($1.13M), Glass Bottles ($629k), and Insulated Wire ($192k). During the last 5 years the exports of Philippines to Jamaica have increased at an annualized rate of 34.6%, from $586k in 2023 to $2.59M in 2018.

Exports from Jamaica (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Jamaica (Flag) (2023)

Latest Data

Trade between Jamaica (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$709M
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Jamaica than Philippines included Latvia ($131M), Iceland ($127M), and Russia ($138M).

In 2023, countries that imported more from Philippines than Jamaica included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

Difference in imports from Philippines (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - Philippines

Flow
Scale

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

During 2023, Jamaica had a large net trade with Philippines in the exports of Foodstuffs ($1.56M), Transportation ($78.5k), and Machines ($38.5k).

During 2018, Philippines had a large net trade with Jamaica in the exports of Machines ($1.51M), Stone And Glass ($634k), and Foodstuffs ($270k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Philippines+$29.2kTelephones
Top Product Potential Philippines Jamaica+$288kLow-voltage Protection Equipment

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

Product Space of Jamaica (Flag) and Philippines (Flag) (2023)

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