Jamaica (JAM) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

Jamaica-Iraq Trade: In 2021, Jamaica exported $50 to Iraq. The main products that Jamaica exported to Iraq were N/A. Over the past 15 years the exports of Jamaica to Iraq have decreased at an annualized rate of 5.93%, from $125 in 2006 to $50 in 2021.

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

Iraq-Jamaica In N/A, Iraq did not export any products to Jamaica.

In 2021, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Jamaica than Iraq included Russia ($99.7M), Canada ($81M), and United Kingdom ($70.8M).

In 2022, countries that imported more from Iraq than Jamaica included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq () and Jamaica () (2022)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

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Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Iraq+$4.23kRefined Petroleum

Top Product Potential Iraq Jamaica+$6.48kCrude 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 Jamaica and Iraq. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Jamaica.

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Historical Data

Market Competitiveness

Difference in imports from Iraq () and Jamaica () (2022)

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Iraq () (NaN)

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