In N/A, Jamaica did not export any services to Laos.
Laos-Jamaica In N/A, Laos did not export any products to Jamaica.
In N/A, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).
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.
This visualization shows the product space at the HS4 level with the flags of Jamaica and Laos. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Jamaica.
) and Laos (
) (2020)
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