2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Jamaica-Saudi Arabia Trade: In 2023, Jamaica exported $73.9k to Saudi Arabia. The main products that Jamaica exported to Saudi Arabia were Coffee ($36.1k), Iron Fasteners ($30k), and Scented Mixtures ($3.99k). Over the past 5 years the exports of Jamaica to Saudi Arabia have increased at an annualized rate of 0.57%, from $71.8k in 2018 to $73.9k in 2023.

In 2023, Jamaica did not export any services to Saudi Arabia.

Saudi Arabia-Jamaica Trade: In 2023, Saudi Arabia exported $450k to Jamaica. The main products that Saudi Arabia exported to Jamaica were Raw Plastic Sheeting ($202k), Ethylene Polymers ($97.6k), and Blown Glass ($34.5k). Over the past 5 years the exports of Saudi Arabia to Jamaica have decreased at an annualized rate of 10.8%,  from $794k in 2018 to $450k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $73.9k to Saudi Arabia. The main products exported from Jamaica to Saudi Arabia were Coffee ($36.1k), Iron Fasteners ($30k), and Scented Mixtures ($3.99k). During the last 5 years the exports of Jamaica to Saudi Arabia have increased at an annualized rate of 0.57%, from $71.8k in 2018 to $73.9k in 2023.

In 2018, Saudi Arabia exported $450k to Jamaica. The main products exported from Saudi Arabia to Jamaica were Raw Plastic Sheeting ($202k), Ethylene Polymers ($97.6k), and Blown Glass ($34.5k). During the last 5 years the exports of Saudi Arabia to Jamaica have decreased at an annualized rate of 10.8%, from $794k in 2023 to $450k in 2018.

Exports from Jamaica (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Jamaica (Flag) (2023)

Latest Data

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

Saudi Arabia Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$709M
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Saudi Arabia than Jamaica included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Jamaica (Flag) (2023)

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 2023, Jamaica had a large net trade with Saudi Arabia in the exports of Vegetable Products ($37k), Metals ($30k), and Chemical Products ($4.4k).

During 2018, Saudi Arabia had a large net trade with Jamaica in the exports of Plastics and Rubbers ($313k), Machines ($47.6k), and Stone And Glass ($34.5k).

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) (2023)

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