Jamaica (JAM) and Greece (GRC) Trade | The Observatory of Economic Complexity

About

Jamaica-Greece Trade: In 2023, Jamaica exported $2.35M to Greece. The main products that Jamaica exported to Greece were Crustaceans ($1.24M), Refined Petroleum ($877k), and Pasta ($83.9k). Over the past 5 years the exports of Jamaica to Greece have increased at an annualized rate of 30.9%, from $611k in 2018 to $2.35M in 2023.

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

Greece-Jamaica Trade: In 2023, Greece exported $3M to Jamaica. The main products that Greece exported to Jamaica were Metal Stoppers ($612k), Recreational Boats ($441k), and Other Heating Machinery ($212k). Over the past 5 years the exports of Greece to Jamaica have increased at an annualized rate of 10.1%, from $1.85M in 2018 to $3M in 2023.

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

Comparison: In 2023, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $2.35M to Greece. The main products exported from Jamaica to Greece were Crustaceans ($1.24M), Refined Petroleum ($877k), and Pasta ($83.9k). During the last 5 years the exports of Jamaica to Greece have increased at an annualized rate of 30.9%, from $611k in 2018 to $2.35M in 2023.

In 2018, Greece exported $3M to Jamaica. The main products exported from Greece to Jamaica were Metal Stoppers ($612k), Recreational Boats ($441k), and Other Heating Machinery ($212k). During the last 5 years the exports of Greece to Jamaica have increased at an annualized rate of 10.1%, from $1.85M in 2023 to $3M in 2018.

Exports from Jamaica () to Greece () (2023)

Exports from Greece () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Jamaica included Italy ($6.21B), Germany ($3.06B), and Cyprus ($3.03B).

Difference in imports from Greece () and Jamaica () (2023)

Comparative Advantage Jamaica - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Greece in the exports of Animal Products ($1.24M), Mineral Products ($877k), and Foodstuffs ($206k).

During 2018, Greece had a large net trade with Jamaica in the exports of Metals ($712k), Machines ($656k), and Transportation ($441k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Greece+$1.07MRefined Petroleum

Top Product Potential Greece Jamaica+$163kOther Processed Fruits and Nuts

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Jamaica and Greece. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Greece () (2023)

Exports from Greece () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Greece ()

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Jamaica () (2023)

Comparative Advantage Jamaica - Greece

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Greece () (2023)

Keep Exploring