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Pricing

2022
Flag → Flag
Exports $2.1kRnk 137 / 157
2022
Flag → Flag
Top Product $1kBroadcasting Equipment
2022
Flag → Flag
Exports $11.7MRnk 101 / 205
2022
Flag → Flag
Top Product $4.93MCars
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 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$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Jamaica-Hungary Trade: In 2022, Jamaica exported $2.1k to Hungary. The main products that Jamaica exported to Hungary were Broadcasting Equipment ($1k), Other Measuring Instruments ($418), and Light Fixtures ($322). Over the past 5 years the exports of Jamaica to Hungary have increased at an annualized rate of 103%, from $61 in 2017 to $2.1k in 2022.

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

Hungary-Jamaica Trade: In 2022, Hungary exported $11.7M to Jamaica. The main products that Hungary exported to Jamaica were Cars ($4.93M), Packaged Medicaments ($4.09M), and Plastic Lids ($1.05M). Over the past 5 years the exports of Hungary to Jamaica have decreased at an annualized rate of 2.65%,  from $13.4M in 2017 to $11.7M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $2.1k to Hungary. The main products exported from Jamaica to Hungary were Broadcasting Equipment ($1k), Other Measuring Instruments ($418), and Light Fixtures ($322). During the last 5 years the exports of Jamaica to Hungary have increased at an annualized rate of 103%, from $61 in 2017 to $2.1k in 2022.

In 2017, Hungary exported $11.7M to Jamaica. The main products exported from Hungary to Jamaica were Cars ($4.93M), Packaged Medicaments ($4.09M), and Plastic Lids ($1.05M). During the last 5 years the exports of Hungary to Jamaica have decreased at an annualized rate of 2.65%, from $13.4M in 2022 to $11.7M in 2017.

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

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

Latest Data

Trade between Jamaica (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Jamaica than Hungary included Barbados ($32.2M), Guyana ($26.6M), and Cayman Islands ($26.5M).

In 2022, countries that imported more from Hungary than Jamaica included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

Comparative Advantage Jamaica - Hungary

Flow
Scale

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

During 2022, Jamaica had a large net trade with Hungary in the exports of Machines ($1.06k), Instruments ($507), and Miscellaneous ($322).

During 2017, Hungary had a large net trade with Jamaica in the exports of Transportation ($4.99M), Chemical Products ($4.87M), and Plastics and Rubbers ($1.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Hungary+$9.2kTelephones
Top Product Potential Hungary Jamaica+$3.6MCars

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

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

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