2022
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GDP
$17.1BCURRENT US$
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GDP GROWTH
15.5%CURRENT US$
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 GDP
$2.24TCURRENT US$
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GDP GROWTH
1.45%CURRENT US$
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GDP PC 
$6,047CURRENT US$
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GDP PC GROWTH
12.7%CURRENT US$
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GDP PC
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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About

Jamaica-Russia In 2022, Jamaica exported $99.7M to Russia. The main products that Jamaica exported to Russia are Aluminium Oxide ($99.7M) and Electricity ($84.5k). During the last 26 years the exports of Jamaica to Russia have increased at an annualized rate of 5.17%, from $26.9M in 1996 to $99.7M in 2022.

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

Russia-Jamaica In 2022, Russia exported $12.6M to Jamaica. The main products that Russia exported to Jamaica were Refined Petroleum ($12.2M), Sodium or Potassium Peroxides ($227k), and Phenols ($120k). During the last 26 years the exports of Russia to Jamaica have increased at an annualized rate of 4.42%, from $4.11M in 1996 to $12.6M in 2022.

In 2020, Russia exported services to Jamaica worth $135k, with Transportation ($91k), Computer and information services ($20k), and Communications services ($19k) being the largest in terms of value.

Comparison In 2022,  Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $99.7M to Russia. The main products exported from Jamaica to Russia were Aluminium Oxide ($99.7M) and Electricity ($84.5k). During the last 26 years the exports of Jamaica to Russia have increased at an annualized rate of 5.17%, from $26.9M in 1996 to $99.7M in 2022.

In 2022, Russia exported $12.6M to Jamaica. The main products exported from Russia to Jamaica were Refined Petroleum ($12.2M), Sodium or Potassium Peroxides ($227k), and Phenols ($120k). During the last 26 years the exports of Russia to Jamaica have increased at an annualized rate of 4.42%, from $4.11M in 1996 to $12.6M in 2022.

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

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

Latest Data

Trade between Jamaica (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Russia
Top Destination
China$101B

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

In 2021, countries that imported more from Jamaica than Russia were Barbados ($32.2M), Cayman Islands ($26.5M), and Antigua and Barbuda ($26.1M).

In 2021, countries that imported more from Russia than Jamaica were China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Jamaica - Russia

Flow
Scale

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

During 2022, Jamaica had a large net trade with Russia in the exports of Chemical Products ($99.7M) and Mineral Products ($84.5k).

During 2022, Russia had a large net trade with Jamaica in the exports of Mineral Products ($12.2M), Chemical Products ($363k), and Foodstuffs ($42.7k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Jamaica worth $135k, with Transportation ($91k), Computer and information services ($20k), and Communications services ($19k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Jamaica (Flag) (2020)

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 Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Jamaica.

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

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