Flag Norway / Jamaica Flag

Exports FlagFlag  (2018): $19.2M, Rnk 89 / 199

Top Product FlagFlag (2018): $18.5M, Processed Fish

Exports FlagFlag (2018): $149M, Rnk 2 / 98

Top Product FlagFlag (2018): $148M, Aluminium Oxide

Economic Complexity of Flag (2018): ECI 0.85, Rnk 34 / 137

Economic Complexity of Flag (2018): ECI -0.25, Rnk 79 / 137

GDP Flag (2018): $434B, CURRENT US$
Rnk 27 / 196

GDP GROWTH Flag (2008-2018): -6.08%, CURRENT US$
Rnk 182 / 196

GDP Flag (2018): $15.7B, CURRENT US$
Rnk 121 / 196

GDP GROWTH Flag (2008-2018): 14.9%, CURRENT US$
Rnk 135 / 196

GDP PC Flag (2018): $81,697, CURRENT US$
Rnk 5 / 196

GDP PC GROWTH Flag (2008-2018): -15.7%, CURRENT US$
Rnk 177 / 196

GDP PC Flag (2018): $5,354, CURRENT US$
Rnk 107 / 196

GDP PC GROWTH Flag (2008-2018): 8.88%, CURRENT US$
Rnk 126 / 196

Norway-Jamaica: In 2018, Norway exported $19.2M to Jamaica. The main products exported from Norway to Jamaica were Processed Fish ($18.5M), Iron Chains ($136k), and Plastic Pipes ($133k). During the last 23 years the exports of Norway to Jamaica have increased at an annualized rate of 0.47%, from $17.2M in 1995 to $19.2M in 2018.

Jamaica-Norway: In 2018, Jamaica exported $149M to Norway. The main products exported from Jamaica to Norway were Aluminium Oxide ($148M), Beer ($62.5k), and Office Machine Parts ($42k). During the last 23 years the exports of Jamaica to Norway have increased at an annualized rate of 0.45%, from $134M in 1995 to $149M in 2018.

Comparison: In 2018, Norway ranked 34 in the Economic Complexity Index (ECI 0.85), and 33 in total exports ($127B). That same year, Jamaica ranked 79 in the Economic Complexity Index (ECI -0.25), and 143 in total exports ($1.25B). In terms of GDP Per Capita, Norway was ranked 5 with a GDP Per Capita of $81,697, and Jamaica was ranked 107 with a GDP Per Capita of $5,354.

Bilateral Trade by Products

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Depth
Value

In 2018, Norway exported $19.2M to Jamaica. The main products exported from Norway to Jamaica were Processed Fish ($18.5M), Iron Chains ($136k), and Plastic Pipes ($133k). During the last 23 years the exports of Norway to Jamaica have increased at an annualized rate of 0.47%, from $17.2M in 1995 to $19.2M in 2018.

In 2018, Jamaica exported $149M to Norway. The main products exported from Jamaica to Norway were Aluminium Oxide ($148M), Beer ($62.5k), and Office Machine Parts ($42k). During the last 23 years the exports of Jamaica to Norway have increased at an annualized rate of 0.45%, from $134M in 1995 to $149M in 2018.

Market Competitiveness

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Measure

Norway
Top Destination
: United Kingdom, $25.8B

Jamaica
Top Destination
: United States, $336M

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

In 2018, countries that imported more from Norway than Jamaica were United Kingdom ($25.8B), Germany ($20.2B), and Netherlands ($12.4B).

In 2018, countries that imported more from Jamaica than Norway were Barbados ($12.4M), Antigua and Barbuda ($8.99M), and Suriname ($7.77M).

Comparative Advantage Norway - Jamaica

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Depth

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

During 2018, Norway had a large net trade with Jamaica in the exports of Animal Products ($18.5M), Machines ($238k), and Metals ($180k).

During 2018, Jamaica had a large net trade with Norway in the exports of Chemical Products ($148M), Foodstuffs ($78.9k), and Machines ($52.8k).

Tariff Section

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This sections shows import tariffs for products traded between Norway and Jamaica (using the HS6 product classification and the last year reported).

In 2018, the products from Norway that paid the highest import tariffs to enter Jamaica were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

In 2016, the products from Jamaica that paid the highest import tariffs to enter Norway were Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (100%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, frozen (100%).

Explore Tariff Data

*The tariffs present between Norway and Jamaica are:
136: Most Favoured Nation duty rate treatement
143: Norway Generalized System of Preference

Trade Forecasts

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This section shows a forecast for total trade between Norway and Jamaica. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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