2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Israel-Jamaica Trade: In 2023, Israel exported $6.62M to Jamaica. The main products that Israel exported to Jamaica were Plastic Pipes ($2.12M), Other Heating Machinery ($1.51M), and Aqueous Paints ($801k). Over the past 5 years the exports of Israel to Jamaica have increased at an annualized rate of 2.89%, from $5.74M in 2018 to $6.62M in 2023.

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 2023, Jamaica exported $13.4M to Israel. The main products that Jamaica exported to Israel were Refined Petroleum ($13M), Hard Liquor ($382k), and Electric Heaters ($27k). Over the past 5 years the exports of Jamaica to Israel have increased at an annualized rate of 86.7%,  from $590k in 2018 to $13.4M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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
Value

In 2023, Israel exported $6.62M to Jamaica. The main products exported from Israel to Jamaica were Plastic Pipes ($2.12M), Other Heating Machinery ($1.51M), and Aqueous Paints ($801k). During the last 5 years the exports of Israel to Jamaica have increased at an annualized rate of 2.89%, from $5.74M in 2018 to $6.62M in 2023.

In 2018, Jamaica exported $13.4M to Israel. The main products exported from Jamaica to Israel were Refined Petroleum ($13M), Hard Liquor ($382k), and Electric Heaters ($27k). During the last 5 years the exports of Jamaica to Israel have increased at an annualized rate of 86.7%, from $590k in 2023 to $13.4M in 2018.

Exports from Israel (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Israel (Flag) (2023)

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$709M

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 2023, countries that imported more from Israel than Jamaica included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Jamaica than Israel included Iceland ($127M), Latvia ($131M), and Guyana ($80.7M).

Difference in imports from Jamaica (Flag) and Israel (Flag) (2023)

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 2023, Israel had a large net trade with Jamaica in the exports of Machines ($2.57M), Plastics and Rubbers ($2.49M), and Chemical Products ($947k).

During 2018, Jamaica had a large net trade with Israel in the exports of Mineral Products ($13M), Foodstuffs ($382k), and Machines ($27k).

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) (2023)

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