Jamaica (JAM) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Jamaica-Singapore Trade: In 2022, Jamaica exported $1.87M to Singapore. The main products that Jamaica exported to Singapore were Refined Petroleum ($1.29M), Semiconductor Devices ($266k), and Hard Liquor ($134k). Over the past 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 13.7%, from $981k in 2017 to $1.87M in 2022.

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

Singapore-Jamaica Trade: In 2022, Singapore exported $8.02M to Jamaica. The main products that Singapore exported to Jamaica were Cars ($1.44M), Petroleum Coke ($1.27M), and Motor vehicles; parts and accessories (8701 to 8705) ($667k). Over the past 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 9.13%, from $5.18M in 2017 to $8.02M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $1.87M to Singapore. The main products exported from Jamaica to Singapore were Refined Petroleum ($1.29M), Semiconductor Devices ($266k), and Hard Liquor ($134k). During the last 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 13.7%, from $981k in 2017 to $1.87M in 2022.

In 2017, Singapore exported $8.02M to Jamaica. The main products exported from Singapore to Jamaica were Cars ($1.44M), Petroleum Coke ($1.27M), and Motor vehicles; parts and accessories (8701 to 8705) ($667k). During the last 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 9.13%, from $5.18M in 2022 to $8.02M in 2017.

Exports from Jamaica () to Singapore () (2022)

Exports from Singapore () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Jamaica than Singapore included Iceland ($39.5M), Cayman Islands ($26.5M), and Barbados ($32.2M).

In 2022, countries that imported more from Singapore than Jamaica included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Jamaica () (2022)

Comparative Advantage Jamaica - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Singapore in the exports of Mineral Products ($1.29M), Machines ($281k), and Foodstuffs ($144k).

During 2017, Singapore had a large net trade with Jamaica in the exports of Machines ($2.5M), Transportation ($2.35M), and Mineral Products ($1.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Singapore+$2.67MRefined Petroleum

Top Product Potential Singapore Jamaica+$690kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Singapore () (2022)

Exports from Singapore () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Singapore ()

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Jamaica () (2022)

Comparative Advantage Jamaica - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Singapore () (2022)

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