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Flag → Flag
Exports $36.8kRnk 90 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.32Rnk 123 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC $5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

In N/A, Mongolia did not export any services to Jamaica.

Jamaica-Mongolia Trade: In N/A, Jamaica exported $36.8k to Mongolia. The main products that Jamaica exported to Mongolia were N/A. Over the past N/A years the exports of Jamaica to Mongolia have increased at an annualized rate of 42.6%,  from $740 in N/A to $36.8k in N/A.

In N/A, Jamaica did not export any services to Mongolia.

Comparison: In 2023,  Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Jamaica.

In 2017, Jamaica exported $36.8k to Mongolia. There were not main exports from Jamaica to Mongolia in 2017. During the last 5 years the exports of Jamaica to Mongolia have increased at an annualized rate of 42.6%, from $740 in 2022 to $36.8k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top DestinationChina$13.1B
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Mongolia than Jamaica included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

In 2023, countries that imported more from Jamaica than Mongolia included United States ($709M), Russia ($138M), and Latvia ($131M).

Difference in imports from Jamaica (Flag) and Mongolia (Flag) (2023)

Comparative Advantage Mongolia - Jamaica

Flow
Scale

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

During 2017, Jamaica had a large net trade with Mongolia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Jamaica+$2.13kCrude Petroleum
Top Product Potential Jamaica Mongolia+$46.1kHard Liquor

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

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

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