Flag Sweden / Jamaica Flag

2019
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Exports
: $40.6M, Rnk 91 / 217

2019
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Top Product
: $30.1M, Steam Turbines

2019
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Exports
: $117k, Rnk 82 / 141

2019
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Top Product
: $108k, Magnesium Hydroxide and Peroxide

2019
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Economic Complexity (ECI)
: ECI 1.64, Rnk 8 / 146

2019
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Economic Complexity (ECI)
: ECI -0.25, Rnk 83 / 146

2019
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GDP
: $531B, CURRENT US$
Rnk 24 / 187

2009-2019
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GDP GROWTH
: 21.6%, CURRENT US$
Rnk 147 / 187

2019
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 GDP
: $16.5B, CURRENT US$
Rnk 119 / 187

2009-2019
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GDP GROWTH
: 35.8%, CURRENT US$
Rnk 116 / 187

2019
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GDP PC 
: $51,615, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP PC GROWTH
: 9.94%, CURRENT US$
Rnk 141 / 187

2019
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GDP PC 
: $5,582, CURRENT US$
Rnk 101 / 187

2009-2019
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GDP PC GROWTH
: 28.8%, CURRENT US$
Rnk 94 / 187

Sweden-Jamaica: In 2019, Sweden exported $40.6M to Jamaica. The main products that Sweden exported to Jamaica are Steam Turbines ($30.1M), Broadcasting Equipment ($1.5M), and Packaged Medicaments ($1.19M). During the last 24 years the exports of Sweden to Jamaica have increased at an annualized rate of 9.44%, from $4.65M in 1995 to $40.6M in 2019.

In 2019, Sweden did not exported services to Jamaica.

Jamaica-Sweden: In 2019, Jamaica exported $117k to Sweden . The main products that Jamaica exported to Sweden were Magnesium Hydroxide and Peroxide ($108k), Broadcasting Equipment ($2.62k), and Blood, antisera, vaccines, toxins and cultures ($1.48k). During the last 24 years the exports of Jamaica to Sweden have decreased at an annualized rate of 20.4%, from $28.4M in 1995 to $117k in 2019.

In 2019, Jamaica did not exported services to Sweden.

Comparison: In 2019,  Sweden ranked 8 in the Economic Complexity Index (ECI 1.64), and 32 in total exports ($158B). That same year, Jamaica ranked 83 in the Economic Complexity Index (ECI -0.25), and 140 in total exports ($1.85B).

Bilateral Trade by Products

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Depth
Value

In 2019, Sweden exported $40.6M to Jamaica. The main products exported from Sweden to Jamaica were Steam Turbines ($30.1M), Broadcasting Equipment ($1.5M), and Packaged Medicaments ($1.19M). During the last 24 years the exports of Sweden to Jamaica have increased at an annualized rate of 9.44%, from $4.65M in 1995 to $40.6M in 2019.

In 2019, Jamaica exported $117k to Sweden. The main products exported from Jamaica to Sweden were Magnesium Hydroxide and Peroxide ($108k), Broadcasting Equipment ($2.62k), and Blood, antisera, vaccines, toxins and cultures ($1.48k). During the last 24 years the exports of Jamaica to Sweden have decreased at an annualized rate of 20.4%, from $28.4M in 1995 to $117k in 2019.

Market Competitiveness

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Measure

Sweden
Top Destination
: Germany, $16.4B

Jamaica
Top Destination
: United States, $594M

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

In 2019, countries that imported more from Sweden than Jamaica were Germany ($16.4B), Norway ($14.8B), and United States ($12.5B).

In 2019, countries that imported more from Jamaica than Sweden were Azerbaijan ($56.8M), Georgia ($32.5M), and Saint Lucia ($10.3M).

Comparative Advantage Sweden - Jamaica

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Depth

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

During 2019, Sweden had a large net trade with Jamaica in the exports of Machines ($36M), Chemical Products ($1.32M), and Metals ($814k).

During 2019, Jamaica had a large net trade with Sweden in the exports of Chemical Products ($109k), Machines ($5.06k), and Paper Goods ($1.37k).

Tariff Section

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

In 2017, the products from Sweden that paid the highest import tariffs to enter Jamaica were Grape wines, alcoholic grape must nes (15.2%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (5.08%).

In 2016, the products from Jamaica that paid the highest import tariffs to enter Sweden 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 Sweden and Jamaica are:
109: Caribbean Forum (CARIFORUM) - European Union Economic Partnership Agreements (EPA)
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

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 Sweden has comparative advantage over Jamaica. Similarly, the more red a dot/product is, the more Jamaica has comparative advantage over Sweden.