2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Jamaica Trade: In 2022, Israel exported $6.78M to Jamaica. The main products that Israel exported to Jamaica were Other Heating Machinery ($1.15M), Aqueous Paints ($1.08M), and Plastic Pipes ($619k). Over the past 5 years the exports of Israel to Jamaica have decreased at an annualized rate of 2.35%, from $7.64M in 2017 to $6.78M in 2022.

In 2007, Israel exported services to Jamaica worth $12.2M, with Construction services ($10.8M) and Computer and information services ($1.39M) being the largest in terms of value.

Jamaica-Israel Trade: In 2022, Jamaica exported $11.3M to Israel. The main products that Jamaica exported to Israel were Refined Petroleum ($11.3M), Aircraft Parts ($55k), and String Instruments ($1k). Over the past 5 years the exports of Jamaica to Israel have increased at an annualized rate of 93.9%,  from $414k in 2017 to $11.3M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $6.78M to Jamaica. The main products exported from Israel to Jamaica were Other Heating Machinery ($1.15M), Aqueous Paints ($1.08M), and Plastic Pipes ($619k). During the last 5 years the exports of Israel to Jamaica have decreased at an annualized rate of 2.35%, from $7.64M in 2017 to $6.78M in 2022.

In 2017, Jamaica exported $11.3M to Israel. The main products exported from Jamaica to Israel were Refined Petroleum ($11.3M), Aircraft Parts ($55k), and String Instruments ($1k). During the last 5 years the exports of Jamaica to Israel have increased at an annualized rate of 93.9%, from $414k in 2022 to $11.3M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Jamaica (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Israel than Jamaica included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

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

Comparative Advantage Israel - Jamaica

Flow
Scale

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

During 2022, Israel had a large net trade with Jamaica in the exports of Machines ($3.24M), Plastics and Rubbers ($1.63M), and Chemical Products ($1.29M).

During 2017, Jamaica had a large net trade with Israel in the exports of Mineral Products ($11.3M), Transportation ($55k), and Machines ($1.97k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Jamaica+$241kOther Plastic Products
Top Product Potential Jamaica Israel+$5.58MRefined 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

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

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

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