Jamaica (JAM) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Jamaica-Uruguay Trade: In 2022, Jamaica exported $19.2k to Uruguay. The main products that Jamaica exported to Uruguay were Recovered Paper ($14.8k), Perfume Plants ($2.09k), and Coffee ($1.3k). Over the past 5 years the exports of Jamaica to Uruguay have decreased at an annualized rate of 21.7%, from $65.2k in 2017 to $19.2k in 2022.

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

Uruguay-Jamaica Trade: In 2022, Uruguay exported $33.7M to Jamaica. The main products that Uruguay exported to Jamaica were Other Edible Preparations ($20.9M), Plastic Lids ($7.85M), and Raw Sugar ($1.29M). Over the past 5 years the exports of Uruguay to Jamaica have increased at an annualized rate of 53.3%, from $3.99M in 2017 to $33.7M in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $19.2k to Uruguay. The main products exported from Jamaica to Uruguay were Recovered Paper ($14.8k), Perfume Plants ($2.09k), and Coffee ($1.3k). During the last 5 years the exports of Jamaica to Uruguay have decreased at an annualized rate of 21.7%, from $65.2k in 2017 to $19.2k in 2022.

In 2017, Uruguay exported $33.7M to Jamaica. The main products exported from Uruguay to Jamaica were Other Edible Preparations ($20.9M), Plastic Lids ($7.85M), and Raw Sugar ($1.29M). During the last 5 years the exports of Uruguay to Jamaica have increased at an annualized rate of 53.3%, from $3.99M in 2022 to $33.7M in 2017.

Exports from Jamaica () to Uruguay () (2022)

Exports from Uruguay () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Jamaica than Uruguay included United States ($1.11B), Iceland ($39.5M), and Latvia ($33.3M).

In 2022, countries that imported more from Uruguay than Jamaica included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Jamaica - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Uruguay in the exports of Paper Goods ($14.8k), Vegetable Products ($3.39k), and Stone And Glass ($956).

During 2017, Uruguay had a large net trade with Jamaica in the exports of Foodstuffs ($22.1M), Plastics and Rubbers ($9M), and Machines ($826k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Uruguay+$5.7kCoffee

Top Product Potential Uruguay Jamaica+$105kCleaning Products

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Uruguay () (2022)

Exports from Uruguay () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Uruguay ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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