2022
Flag  
GDP
$17.1BCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
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2022
Flag
GDP PC 
$6,047CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
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2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Jamaica-Italy In 2022, Jamaica exported $10.5M to Italy. The main products that Jamaica exported to Italy are Scrap Copper ($5.5M), Hard Liquor ($3.19M), and Refined Petroleum ($1.16M). During the last 27 years the exports of Jamaica to Italy have increased at an annualized rate of 1.83%, from $6.43M in 1995 to $10.5M in 2022.

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

Italy-Jamaica In 2022, Italy exported $101M to Jamaica. The main products that Italy exported to Jamaica were Recreational Boats ($61.8M), Other Pure Vegetable Oils ($3.74M), and Insulated Wire ($3.47M). During the last 27 years the exports of Italy to Jamaica have increased at an annualized rate of 6.41%, from $18.9M in 1995 to $101M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $10.5M to Italy. The main products exported from Jamaica to Italy were Scrap Copper ($5.5M), Hard Liquor ($3.19M), and Refined Petroleum ($1.16M). During the last 27 years the exports of Jamaica to Italy have increased at an annualized rate of 1.83%, from $6.43M in 1995 to $10.5M in 2022.

In 2022, Italy exported $101M to Jamaica. The main products exported from Italy to Jamaica were Recreational Boats ($61.8M), Other Pure Vegetable Oils ($3.74M), and Insulated Wire ($3.47M). During the last 27 years the exports of Italy to Jamaica have increased at an annualized rate of 6.41%, from $18.9M in 1995 to $101M in 2022.

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

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

Latest Data

Trade between Jamaica (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Jamaica than Italy were Barbados ($32.2M), Antigua and Barbuda ($26.1M), and Haiti ($22.5M).

In 2021, countries that imported more from Italy than Jamaica were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Jamaica - Italy

Flow
Scale

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

During 2022, Jamaica had a large net trade with Italy in the exports of Metals ($5.5M), Foodstuffs ($3.22M), and Mineral Products ($1.16M).

During 2022, Italy had a large net trade with Jamaica in the exports of Transportation ($62M), Machines ($15.5M), and Foodstuffs ($5.71M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Jamaica has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Jamaica.

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

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