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2021
Flag → Flag
Exports $970Rnk 10 / 0
2021
Flag → Flag
Exports $1.64MRnk 114 / 139
2021
Flag → Flag
Top Product $1.08MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Jamaica-Bangladesh Trade: In 2021, Jamaica exported $970 to Bangladesh. The main products that Jamaica exported to Bangladesh were N/A. Over the past 11 years the exports of Jamaica to Bangladesh have decreased at an annualized rate of 43.9%, from $562k in 2010 to $970 in 2021.

In 2021, Jamaica did not export any services to Bangladesh.

Bangladesh-Jamaica Trade: In 2021, Bangladesh exported $1.64M to Jamaica. The main products that Bangladesh exported to Jamaica were Packaged Medicaments ($1.08M), Non-Knit Men's Suits ($174k), and Special Pharmaceuticals ($171k). Over the past 11 years the exports of Bangladesh to Jamaica have increased at an annualized rate of 1.74%,  from $1.51M in 2010 to $1.64M in 2021.

In 2021, Bangladesh did not export any services to Jamaica.

Comparison: In 2022,  Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Jamaica exported $970 to Bangladesh. There were not main exports from Jamaica to Bangladesh in 2021. During the last 11 years the exports of Jamaica to Bangladesh have decreased at an annualized rate of 43.9%, from $562k in 2010 to $970 in 2021.

In 2017, Bangladesh exported $1.64M to Jamaica. The main products exported from Bangladesh to Jamaica were Packaged Medicaments ($1.08M), Non-Knit Men's Suits ($174k), and Special Pharmaceuticals ($171k). During the last 5 years the exports of Bangladesh to Jamaica have increased at an annualized rate of 1.74%, from $1.51M in 2022 to $1.64M in 2017.

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

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

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Jamaica than Bangladesh included Russia ($99.7M), Barbados ($32.2M), and Latvia ($33.3M).

In 2022, countries that imported more from Bangladesh than Jamaica included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Jamaica - Bangladesh

Flow
Scale

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

During 2021, Jamaica had a large net trade with Bangladesh in the exports of .

During 2017, Bangladesh had a large net trade with Jamaica in the exports of Chemical Products ($1.25M), Textiles ($306k), and Foodstuffs ($64k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Bangladesh+$4.86kRefined Petroleum
Top Product Potential Bangladesh Jamaica+$358kPackaged Medicaments

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 Jamaica and Bangladesh. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Jamaica.

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

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