2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Jamaica In 2022, Italy exported $101M to Jamaica. The main products that Italy exported to Jamaica are Recreational Boats ($61.8M), Other Pure Vegetable Oils ($3.74M), and Insulated Wire ($3.47M). During the last 27 years the exports of Italy to Jamaica have increased at an annualized rate of 6.41%, from $18.9M in 1995 to $101M in 2022.

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

Jamaica-Italy In 2022, Jamaica exported $10.5M to Italy. The main products that Jamaica exported to Italy were Scrap Copper ($5.5M), Hard Liquor ($3.19M), and Refined Petroleum ($1.16M). During the last 27 years the exports of Jamaica to Italy have increased at an annualized rate of 1.83%, from $6.43M in 1995 to $10.5M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24),  and 7 in total exports ($634B). That same year, Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $101M to Jamaica. The main products exported from Italy to Jamaica were Recreational Boats ($61.8M), Other Pure Vegetable Oils ($3.74M), and Insulated Wire ($3.47M). During the last 27 years the exports of Italy to Jamaica have increased at an annualized rate of 6.41%, from $18.9M in 1995 to $101M in 2022.

In 2022, Jamaica exported $10.5M to Italy. The main products exported from Jamaica to Italy were Scrap Copper ($5.5M), Hard Liquor ($3.19M), and Refined Petroleum ($1.16M). During the last 27 years the exports of Jamaica to Italy have increased at an annualized rate of 1.83%, from $6.43M in 1995 to $10.5M in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Jamaica
Top Destination
United States$1.11B

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

In 2021, countries that imported more from Italy than Jamaica were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Jamaica than Italy were Barbados ($32.2M), Antigua and Barbuda ($26.1M), and Haiti ($22.5M).

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

Comparative Advantage Italy - Jamaica

Flow
Scale

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

During 2022, Italy had a large net trade with Jamaica in the exports of Transportation ($62M), Machines ($15.5M), and Foodstuffs ($5.71M).

During 2022, Jamaica had a large net trade with Italy in the exports of Metals ($5.5M), Foodstuffs ($3.22M), and Mineral Products ($1.16M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Italy.

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

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