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Pricing

2021
Flag → Flag
Exports $39.2kRnk 9 / 0
2021
Flag → Flag
Exports $13.6kRnk 122 / 157
2021
Flag → Flag
Top Product $8.49kCars
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 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 $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Armenia-Jamaica Trade: In 2021, Armenia exported $39.2k to Jamaica. The main products that Armenia exported to Jamaica were N/A. Over the past 16 years the exports of Armenia to Jamaica have decreased at an annualized rate of 2.31%, from $57.1k in 2005 to $39.2k in 2021.

In 2021, Armenia did not export any services to Jamaica.

Jamaica-Armenia Trade: In 2021, Jamaica exported $13.6k to Armenia. The main products that Jamaica exported to Armenia were Cars ($8.49k), Photographic Plates ($4.52k), and Motor vehicles; parts and accessories (8701 to 8705) ($322). Over the past 16 years the exports of Jamaica to Armenia have increased at an annualized rate of 57%,  from $1.43k in 2005 to $13.6k in 2021.

In 2021, Jamaica did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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 2021, Armenia exported $39.2k to Jamaica. There were not main exports from Armenia to Jamaica in 2021. During the last 16 years the exports of Armenia to Jamaica have decreased at an annualized rate of 2.31%, from $57.1k in 2005 to $39.2k in 2021.

In 2017, Jamaica exported $13.6k to Armenia. The main products exported from Jamaica to Armenia were Cars ($8.49k), Photographic Plates ($4.52k), and Motor vehicles; parts and accessories (8701 to 8705) ($322). During the last 5 years the exports of Jamaica to Armenia have increased at an annualized rate of 57%, from $1.43k in 2022 to $13.6k in 2017.

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Armenia than Jamaica included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2022, countries that imported more from Jamaica than Armenia included United States ($1.11B), Canada ($81M), and United Kingdom ($70.8M).

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

Comparative Advantage Armenia - Jamaica

Flow
Scale

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

During 2021, Armenia had a large net trade with Jamaica in the exports of .

During 2017, Jamaica had a large net trade with Armenia in the exports of Transportation ($8.82k), Chemical Products ($4.52k), and Foodstuffs ($282).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Jamaica+$1.97kCars
Top Product Potential Jamaica Armenia+$12.3kCars

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

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

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