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Pricing

2022
Flag → Flag
Exports $101MRnk 120 / 221
2022
Flag → Flag
Top Product $61.8MRecreational Boats
2022
Flag → Flag
Exports $10.5MRnk 24 / 157
2022
Flag → Flag
Top Product $5.5MScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%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 GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Italy-Jamaica Trade: In 2022, Italy exported $101M to Jamaica. The main products that Italy exported to Jamaica were Recreational Boats ($61.8M), Other Pure Vegetable Oils ($3.74M), and Insulated Wire ($3.47M). Over the past 5 years the exports of Italy to Jamaica have increased at an annualized rate of 12.1%, from $57.1M in 2017 to $101M in 2022.

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

Jamaica-Italy Trade: 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). Over the past 5 years the exports of Jamaica to Italy have increased at an annualized rate of 30.1%,  from $2.16M in 2017 to $10.5M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Jamaica, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Jamaica were . In N/A the top imports of Italy from Jamaica were .

Growth In N/A, the N/A in Italy's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Jamaica was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Jamaica and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jamaica and Italy Data

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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 5 years the exports of Italy to Jamaica have increased at an annualized rate of 12.1%, from $57.1M in 2017 to $101M in 2022.

In 2017, 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 5 years the exports of Jamaica to Italy have increased at an annualized rate of 30.1%, from $2.16M in 2022 to $10.5M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Jamaica
Top DestinationUnited 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 2022, countries that imported more from Italy than Jamaica included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Jamaica than Italy included 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 2017, Jamaica had a large net trade with Italy in the exports of Metals ($5.5M), Foodstuffs ($3.22M), and Mineral Products ($1.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Jamaica+$2.9MPackaged Medicaments
Top Product Potential Jamaica Italy+$3.17MRefined 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 Italy and Jamaica. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Italy.

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

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