2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
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GDP PC GROWTH
12.7%CURRENT US$
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2022
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GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Jamaica-Saudi Arabia Trade: In 2022, Jamaica exported $3.71k to Saudi Arabia. The main products that Jamaica exported to Saudi Arabia were Other Fruits ($2.75k) and Coffee ($953). Over the past 5 years the exports of Jamaica to Saudi Arabia have decreased at an annualized rate of 45.6%, from $77.8k in 2017 to $3.71k in 2022.

In 2022, Jamaica did not export any services to Saudi Arabia.

Saudi Arabia-Jamaica Trade: In 2022, Saudi Arabia exported $358k to Jamaica. The main products that Saudi Arabia exported to Jamaica were Packaged Medicaments ($167k), Float Glass ($88.3k), and Raw Plastic Sheeting ($47.9k). Over the past 5 years the exports of Saudi Arabia to Jamaica have decreased at an annualized rate of 4.32%,  from $447k in 2017 to $358k in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $3.71k to Saudi Arabia. The main products exported from Jamaica to Saudi Arabia were Other Fruits ($2.75k) and Coffee ($953). During the last 5 years the exports of Jamaica to Saudi Arabia have decreased at an annualized rate of 45.6%, from $77.8k in 2017 to $3.71k in 2022.

In 2017, Saudi Arabia exported $358k to Jamaica. The main products exported from Saudi Arabia to Jamaica were Packaged Medicaments ($167k), Float Glass ($88.3k), and Raw Plastic Sheeting ($47.9k). During the last 5 years the exports of Saudi Arabia to Jamaica have decreased at an annualized rate of 4.32%, from $447k in 2022 to $358k in 2017.

Exports from Jamaica (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Jamaica than Saudi Arabia included Russia ($99.7M), Barbados ($32.2M), and Latvia ($33.3M).

In 2022, countries that imported more from Saudi Arabia than Jamaica included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Saudi Arabia

Flow
Scale

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

During 2022, Jamaica had a large net trade with Saudi Arabia in the exports of Vegetable Products ($3.71k).

During 2017, Saudi Arabia had a large net trade with Jamaica in the exports of Chemical Products ($185k), Stone And Glass ($88.7k), and Plastics and Rubbers ($48.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Saudi Arabia+$11.8kCoffee
Top Product Potential Saudi Arabia Jamaica+$208kPackaged Medicaments

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

Product Space of Jamaica (Flag) and Saudi Arabia (Flag) (2022)

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