2022
Flag  
GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Jamaica-Sri Lanka Trade: In 2022, Jamaica exported $108k to Sri Lanka. The main products that Jamaica exported to Sri Lanka were Mirrors and Lenses ($47.4k), Hard Liquor ($28.5k), and Abrasive Powder ($15.1k). Over the past 6 years the exports of Jamaica to Sri Lanka have increased at an annualized rate of 79.2%, from $3.28k in 2016 to $108k in 2022.

In 2022, Jamaica did not export any services to Sri Lanka.

Sri Lanka-Jamaica Trade: In 2022, Sri Lanka exported $6.73M to Jamaica. The main products that Sri Lanka exported to Jamaica were Other Processed Fruits and Nuts ($2.47M), Other Edible Preparations ($2.03M), and Documents of title (bonds etc) and unused stamps ($1.23M). Over the past 6 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 9.91%,  from $4.19M in 2016 to $6.73M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $108k to Sri Lanka. The main products exported from Jamaica to Sri Lanka were Mirrors and Lenses ($47.4k), Hard Liquor ($28.5k), and Abrasive Powder ($15.1k). During the last 6 years the exports of Jamaica to Sri Lanka have increased at an annualized rate of 79.2%, from $3.28k in 2016 to $108k in 2022.

In 2017, Sri Lanka exported $6.73M to Jamaica. The main products exported from Sri Lanka to Jamaica were Other Processed Fruits and Nuts ($2.47M), Other Edible Preparations ($2.03M), and Documents of title (bonds etc) and unused stamps ($1.23M). During the last 5 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 9.91%, from $4.19M in 2022 to $6.73M in 2017.

Exports from Jamaica (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Jamaica (Flag) (2022)

Latest Data

Trade between Jamaica (Flag) and Sri Lanka (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Jamaica
Top Destination
United States$1.11B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Jamaica than Sri Lanka included Iceland ($39.5M), Barbados ($32.2M), and Cayman Islands ($26.5M).

In 2022, countries that imported more from Sri Lanka than Jamaica included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Jamaica (Flag) (2022)

Comparative Advantage Jamaica - Sri Lanka

Flow
Scale

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

During 2022, Jamaica had a large net trade with Sri Lanka in the exports of Instruments ($47.7k), Foodstuffs ($28.5k), and Machines ($16.1k).

During 2017, Sri Lanka had a large net trade with Jamaica in the exports of Foodstuffs ($4.54M), Paper Goods ($1.23M), and Plastics and Rubbers ($849k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Sri Lanka+$7.13kComputers
Top Product Potential Sri Lanka Jamaica+$193kRubber Tires

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

Product Space of Jamaica (Flag) and Sri Lanka (Flag) (2022)

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