Jamaica (JAM) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Jamaica-Indonesia Trade: In 2023, Jamaica exported $17.4k to Indonesia. The main products that Jamaica exported to Indonesia were Iron Fasteners ($6.01k), Other Engines ($3.3k), and Liquid Pumps ($2.63k). Over the past 5 years the exports of Jamaica to Indonesia have decreased at an annualized rate of 41.1%, from $245k in 2018 to $17.4k in 2023.

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

Indonesia-Jamaica Trade: In 2023, Indonesia exported $46.8M to Jamaica. The main products that Indonesia exported to Jamaica were Cars ($25M), Palm Oil ($5.83M), and Margarine ($4.44M). Over the past 5 years the exports of Indonesia to Jamaica have increased at an annualized rate of 19.7%, from $19.1M in 2018 to $46.8M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $17.4k to Indonesia. The main products exported from Jamaica to Indonesia were Iron Fasteners ($6.01k), Other Engines ($3.3k), and Liquid Pumps ($2.63k). During the last 5 years the exports of Jamaica to Indonesia have decreased at an annualized rate of 41.1%, from $245k in 2018 to $17.4k in 2023.

In 2018, Indonesia exported $46.8M to Jamaica. The main products exported from Indonesia to Jamaica were Cars ($25M), Palm Oil ($5.83M), and Margarine ($4.44M). During the last 5 years the exports of Indonesia to Jamaica have increased at an annualized rate of 19.7%, from $19.1M in 2023 to $46.8M in 2018.

Exports from Jamaica () to Indonesia () (2023)

Exports from Indonesia () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Indonesia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Jamaica included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Jamaica - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Indonesia in the exports of Machines ($7.32k), Metals ($6.01k), and Paper Goods ($2.51k).

During 2018, Indonesia had a large net trade with Jamaica in the exports of Transportation ($25.1M), Animal and Vegetable Bi-Products ($10.3M), and Paper Goods ($1.96M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Indonesia+$71kHard Liquor

Top Product Potential Indonesia Jamaica+$3.77MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Indonesia () (2023)

Exports from Indonesia () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Indonesia ()

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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