2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Chile-Jamaica Trade: In 2022, Chile exported $35.3M to Jamaica. The main products that Chile exported to Jamaica were Processed Fish ($16M), Malt Extract ($2.56M), and Processed Tomatoes ($2.38M). Over the past 5 years the exports of Chile to Jamaica have increased at an annualized rate of 10.3%, from $21.6M in 2017 to $35.3M in 2022.

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

Jamaica-Chile Trade: In 2022, Jamaica exported $1.1M to Chile. The main products that Jamaica exported to Chile were Refined Petroleum ($556k), Flavored Water ($211k), and Motor vehicles; parts and accessories (8701 to 8705) ($130k). Over the past 5 years the exports of Jamaica to Chile have increased at an annualized rate of 8.18%,  from $584k in 2017 to $1.1M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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 2022, Chile exported $35.3M to Jamaica. The main products exported from Chile to Jamaica were Processed Fish ($16M), Malt Extract ($2.56M), and Processed Tomatoes ($2.38M). During the last 5 years the exports of Chile to Jamaica have increased at an annualized rate of 10.3%, from $21.6M in 2017 to $35.3M in 2022.

In 2017, Jamaica exported $1.1M to Chile. The main products exported from Jamaica to Chile were Refined Petroleum ($556k), Flavored Water ($211k), and Motor vehicles; parts and accessories (8701 to 8705) ($130k). During the last 5 years the exports of Jamaica to Chile have increased at an annualized rate of 8.18%, from $584k in 2022 to $1.1M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Chile than Jamaica included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Jamaica than Chile included Iceland ($39.5M), Barbados ($32.2M), and Cayman Islands ($26.5M).

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

Comparative Advantage Chile - Jamaica

Flow
Scale

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

During 2022, Chile had a large net trade with Jamaica in the exports of Foodstuffs ($22.5M), Vegetable Products ($4.45M), and Animal Products ($2.56M).

During 2017, Jamaica had a large net trade with Chile in the exports of Mineral Products ($564k), Foodstuffs ($212k), and Machines ($163k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Jamaica+$409kWine
Top Product Potential Jamaica Chile+$1.64MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with