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2023
Flag → Flag
Exports $141MRnk 43 / 159
2023
Flag → Flag
Top Product $141MPetroleum Gas
2023
Flag → Flag
Exports $139kRnk 84 / 150
2023
Flag → Flag
Top Product $52.2kDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 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 $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Nigeria-Jamaica Trade: In 2023, Nigeria exported $141M to Jamaica. The main products that Nigeria exported to Jamaica were Petroleum Gas ($141M), Perfume Plants ($89.4k), and Flavored Water ($21.1k). Over the past 5 years the exports of Nigeria to Jamaica have increased at an annualized rate of 18.6%, from $60.2M in 2018 to $141M in 2023.

In 2023, Nigeria did not export any services to Jamaica.

Jamaica-Nigeria Trade: In 2023, Jamaica exported $139k to Nigeria. The main products that Jamaica exported to Nigeria were Delivery Trucks ($52.2k), Planes, Helicopters, and/or Spacecraft ($42.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($17.5k). Over the past 5 years the exports of Jamaica to Nigeria have increased at an annualized rate of 28.6%,  from $39.5k in 2018 to $139k in 2023.

In 2023, Jamaica did not export any services to Nigeria.

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). 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

In 2023, Nigeria exported $141M to Jamaica. The main products exported from Nigeria to Jamaica were Petroleum Gas ($141M), Perfume Plants ($89.4k), and Flavored Water ($21.1k). During the last 5 years the exports of Nigeria to Jamaica have increased at an annualized rate of 18.6%, from $60.2M in 2018 to $141M in 2023.

In 2018, Jamaica exported $139k to Nigeria. The main products exported from Jamaica to Nigeria were Delivery Trucks ($52.2k), Planes, Helicopters, and/or Spacecraft ($42.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($17.5k). During the last 5 years the exports of Jamaica to Nigeria have increased at an annualized rate of 28.6%, from $39.5k in 2023 to $139k in 2018.

Exports from Nigeria (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Nigeria (Flag) (2023)

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Jamaica
Top DestinationUnited States$709M

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 2023, countries that imported more from Nigeria than Jamaica included Spain ($5.76B), United States ($6.29B), and France ($4.76B).

In 2023, countries that imported more from Jamaica than Nigeria included Latvia ($131M), Russia ($138M), and Iceland ($127M).

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

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 2023, Nigeria had a large net trade with Jamaica in the exports of Mineral Products ($141M), Vegetable Products ($97.1k), and Foodstuffs ($21.3k).

During 2018, Jamaica had a large net trade with Nigeria in the exports of Transportation ($112k), Machines ($20.2k), and Paper Goods ($2.28k).

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) (2023)

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