Bangladesh (BGD) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Bangladesh-Jamaica Trade: In 2022, Bangladesh exported $1.64M to Jamaica. The main products that Bangladesh exported to Jamaica were Packaged Medicaments ($1.08M), Non-Knit Men's Suits ($174k), and Special Pharmaceuticals ($171k). Over the past 5 years the exports of Bangladesh to Jamaica have increased at an annualized rate of 1.74%, from $1.51M in 2017 to $1.64M in 2022.

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

Jamaica-Bangladesh In N/A, Jamaica did not export any products to Bangladesh.

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

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $1.64M to Jamaica. The main products exported from Bangladesh to Jamaica were Packaged Medicaments ($1.08M), Non-Knit Men's Suits ($174k), and Special Pharmaceuticals ($171k). During the last 5 years the exports of Bangladesh to Jamaica have increased at an annualized rate of 1.74%, from $1.51M in 2017 to $1.64M in 2022.

Jamaica does not register exports to Bangladesh.

Exports from Bangladesh () to Jamaica () (2022)

Exports from Jamaica () to Bangladesh () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Bangladesh than Jamaica included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Jamaica than Bangladesh included Russia ($99.7M), Barbados ($32.2M), and Latvia ($33.3M).

Difference in imports from Jamaica () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Jamaica in the exports of Chemical Products ($1.25M), Textiles ($306k), and Foodstuffs ($64k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Jamaica+$358kPackaged Medicaments

Top Product Potential Jamaica Bangladesh+$4.86kRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Bangladesh and Jamaica. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Jamaica () (2022)

Exports from Jamaica () to Bangladesh () (2022)

Market Competitiveness

Difference in imports from Jamaica () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Jamaica () (2022)

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