Denmark (DNK) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Denmark-Jamaica Trade: In 2023, Denmark exported $10.3M to Jamaica. The main products that Denmark exported to Jamaica were Cheese ($1.49M), Butter ($1.01M), and Flavored Water ($1M). Over the past 5 years the exports of Denmark to Jamaica have increased at an annualized rate of 3.06%, from $8.84M in 2018 to $10.3M in 2023.

In 2023, Denmark did not export any services to Jamaica.

Jamaica-Denmark Trade: In 2023, Jamaica exported $807k to Denmark. The main products that Jamaica exported to Denmark were Hard Liquor ($425k), Refined Petroleum ($343k), and Engine Parts ($17.3k). Over the past 5 years the exports of Jamaica to Denmark have increased at an annualized rate of 23.3%, from $283k in 2018 to $807k in 2023.

In 2023, Jamaica did not export any services to Denmark.

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $10.3M to Jamaica. The main products exported from Denmark to Jamaica were Cheese ($1.49M), Butter ($1.01M), and Flavored Water ($1M). During the last 5 years the exports of Denmark to Jamaica have increased at an annualized rate of 3.06%, from $8.84M in 2018 to $10.3M in 2023.

In 2018, Jamaica exported $807k to Denmark. The main products exported from Jamaica to Denmark were Hard Liquor ($425k), Refined Petroleum ($343k), and Engine Parts ($17.3k). During the last 5 years the exports of Jamaica to Denmark have increased at an annualized rate of 23.3%, from $283k in 2023 to $807k in 2018.

Exports from Denmark () to Jamaica () (2023)

Exports from Jamaica () to Denmark () (2023)

Latest Data

Trade between Denmark () and Jamaica ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Denmark than Jamaica included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Jamaica than Denmark included Guyana ($80.7M), Russia ($138M), and Barbados ($46.1M).

Difference in imports from Jamaica () and Denmark () (2023)

Comparative Advantage Denmark - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Jamaica in the exports of Animal Products ($2.95M), Machines ($2.88M), and Foodstuffs ($1.9M).

During 2018, Jamaica had a large net trade with Denmark in the exports of Foodstuffs ($425k), Mineral Products ($343k), and Machines ($29.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Jamaica+$1.62MPackaged Medicaments

Top Product Potential Jamaica Denmark+$509kHard Liquor

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Jamaica () (2023)

Exports from Jamaica () to Denmark () (2023)

Latest Data

Trade between Denmark () and Jamaica ()

Denmark Exports

Market Competitiveness

Difference in imports from Jamaica () and Denmark () (2023)

Comparative Advantage Denmark - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and Jamaica () (2023)

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