2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Jamaica-Vietnam Trade: In 2022, Jamaica exported $30.2k to Vietnam. The main products that Jamaica exported to Vietnam were Recovered Paper ($30.2k). Over the past 5 years the exports of Jamaica to Vietnam have decreased at an annualized rate of 54.6%, from $1.57M in 2017 to $30.2k in 2022.

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

Vietnam-Jamaica Trade: In 2022, Vietnam exported $17.1M to Jamaica. The main products that Vietnam exported to Jamaica were Video Displays ($3.09M), Processed Fish ($2.74M), and Other Furniture ($2.27M). Over the past 5 years the exports of Vietnam to Jamaica have decreased at an annualized rate of 1.45%,  from $18.4M in 2017 to $17.1M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $30.2k to Vietnam. The main products exported from Jamaica to Vietnam were Recovered Paper ($30.2k). During the last 5 years the exports of Jamaica to Vietnam have decreased at an annualized rate of 54.6%, from $1.57M in 2017 to $30.2k in 2022.

In 2017, Vietnam exported $17.1M to Jamaica. The main products exported from Vietnam to Jamaica were Video Displays ($3.09M), Processed Fish ($2.74M), and Other Furniture ($2.27M). During the last 5 years the exports of Vietnam to Jamaica have decreased at an annualized rate of 1.45%, from $18.4M in 2022 to $17.1M in 2017.

Exports from Jamaica (Flag) to Vietnam (Flag) (2022)

Exports from Vietnam (Flag) to Jamaica (Flag) (2022)

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Jamaica than Vietnam included Barbados ($32.2M), Cayman Islands ($26.5M), and Antigua and Barbuda ($26.1M).

In 2022, countries that imported more from Vietnam than Jamaica included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Vietnam

Flow
Scale

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

During 2022, Jamaica had a large net trade with Vietnam in the exports of Paper Goods ($30.2k).

During 2017, Vietnam had a large net trade with Jamaica in the exports of Foodstuffs ($4.28M), Machines ($4.24M), and Miscellaneous ($2.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Vietnam+$60.3kRecovered Paper
Top Product Potential Vietnam Jamaica+$1.77MOther Furniture

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

Product Space of Jamaica (Flag) and Vietnam (Flag) (2022)

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