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Pricing

2023
Flag → Flag
Exports $57.7MRnk 134 / 219
2023
Flag → Flag
Top Product $13.7MWashing and Bottling Machines
2023
Flag → Flag
Exports $5.35MRnk 37 / 150
2023
Flag → Flag
Top Product $2.95MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Italy-Jamaica Trade: In 2023, Italy exported $57.7M to Jamaica. The main products that Italy exported to Jamaica were Washing and Bottling Machines ($13.7M), Other Pure Vegetable Oils ($4.55M), and Large Iron Containers ($3.29M). Over the past 5 years the exports of Italy to Jamaica have increased at an annualized rate of 5.67%, from $43.8M in 2018 to $57.7M in 2023.

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

Jamaica-Italy Trade: In 2023, Jamaica exported $5.35M to Italy. The main products that Jamaica exported to Italy were Hard Liquor ($2.95M), Refined Petroleum ($1.22M), and Coffee ($283k). Over the past 5 years the exports of Jamaica to Italy have decreased at an annualized rate of 23.1%,  from $19.9M in 2018 to $5.35M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

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 2023, Italy exported $57.7M to Jamaica. The main products exported from Italy to Jamaica were Washing and Bottling Machines ($13.7M), Other Pure Vegetable Oils ($4.55M), and Large Iron Containers ($3.29M). During the last 5 years the exports of Italy to Jamaica have increased at an annualized rate of 5.67%, from $43.8M in 2018 to $57.7M in 2023.

In 2018, Jamaica exported $5.35M to Italy. The main products exported from Jamaica to Italy were Hard Liquor ($2.95M), Refined Petroleum ($1.22M), and Coffee ($283k). During the last 5 years the exports of Jamaica to Italy have decreased at an annualized rate of 23.1%, from $19.9M in 2023 to $5.35M in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Jamaica
Top DestinationUnited States$709M

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 2023, countries that imported more from Italy than Jamaica included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Jamaica than Italy included Barbados ($46.1M), Haiti ($32.1M), and Guyana ($80.7M).

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

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 2023, Italy had a large net trade with Jamaica in the exports of Machines ($27.5M), Metals ($5.78M), and Foodstuffs ($5.74M).

During 2018, Jamaica had a large net trade with Italy in the exports of Foodstuffs ($2.96M), Mineral Products ($1.22M), and Vegetable Products ($581k).

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) (2023)

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