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Pricing

2022
Flag → Flag
Exports $43.5MRnk 54 / 166
2022
Flag → Flag
Top Product $43.4MPetroleum Gas
2022
Flag → Flag
Exports $40.9kRnk 103 / 157
2022
Flag → Flag
Top Product $21.4kIron Housewares
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Nigeria-Jamaica Trade: In 2022, Nigeria exported $43.5M to Jamaica. The main products that Nigeria exported to Jamaica were Petroleum Gas ($43.4M), Cocoa Paste ($53.7k), and Perfume Plants ($23.2k). Over the past 5 years the exports of Nigeria to Jamaica have decreased at an annualized rate of 16.6%, from $108M in 2017 to $43.5M in 2022.

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

Jamaica-Nigeria Trade: In 2022, Jamaica exported $40.9k to Nigeria. The main products that Jamaica exported to Nigeria were Iron Housewares ($21.4k), Used Clothing ($7.5k), and Office Machine Parts ($7.4k). Over the past 5 years the exports of Jamaica to Nigeria have decreased at an annualized rate of 25.9%,  from $183k in 2017 to $40.9k in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $43.5M to Jamaica. The main products exported from Nigeria to Jamaica were Petroleum Gas ($43.4M), Cocoa Paste ($53.7k), and Perfume Plants ($23.2k). During the last 5 years the exports of Nigeria to Jamaica have decreased at an annualized rate of 16.6%, from $108M in 2017 to $43.5M in 2022.

In 2017, Jamaica exported $40.9k to Nigeria. The main products exported from Jamaica to Nigeria were Iron Housewares ($21.4k), Used Clothing ($7.5k), and Office Machine Parts ($7.4k). During the last 5 years the exports of Jamaica to Nigeria have decreased at an annualized rate of 25.9%, from $183k in 2022 to $40.9k in 2017.

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

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

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Nigeria than Jamaica included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Jamaica than Nigeria included Russia ($99.7M), Iceland ($39.5M), and Barbados ($32.2M).

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

Comparative Advantage Nigeria - Jamaica

Flow
Scale

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

During 2022, Nigeria had a large net trade with Jamaica in the exports of Mineral Products ($43.4M), Foodstuffs ($54k), and Vegetable Products ($28.4k).

During 2017, Jamaica had a large net trade with Nigeria in the exports of Metals ($21.4k), Machines ($9.68k), and Textiles ($7.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Jamaica+$25.8kPerfume Plants
Top Product Potential Jamaica Nigeria+$18.7kComputers

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

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

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