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2023
Flag → Flag
Exports $44.1MRnk 9 / 150
2023
Flag → Flag
Top Product $37.7MAluminium Oxide
2023
Flag → Flag
Exports $85.4MRnk 124 / 224
2023
Flag → Flag
Top Product $24.5MOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Jamaica-Netherlands Trade: In 2023, Jamaica exported $44.1M to Netherlands. The main products that Jamaica exported to Netherlands were Aluminium Oxide ($37.7M), Hard Liquor ($5.15M), and Pepper ($335k). Over the past 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 27%, from $213M in 2018 to $44.1M in 2023.

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

Netherlands-Jamaica Trade: In 2023, Netherlands exported $85.4M to Jamaica. The main products that Netherlands exported to Jamaica were Other Edible Preparations ($24.5M), Other Frozen Vegetables ($14.3M), and Other Tin Products ($4.78M). Over the past 5 years the exports of Netherlands to Jamaica have decreased at an annualized rate of 0.1%,  from $85.9M in 2018 to $85.4M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $44.1M to Netherlands. The main products exported from Jamaica to Netherlands were Aluminium Oxide ($37.7M), Hard Liquor ($5.15M), and Pepper ($335k). During the last 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 27%, from $213M in 2018 to $44.1M in 2023.

In 2018, Netherlands exported $85.4M to Jamaica. The main products exported from Netherlands to Jamaica were Other Edible Preparations ($24.5M), Other Frozen Vegetables ($14.3M), and Other Tin Products ($4.78M). During the last 5 years the exports of Netherlands to Jamaica have decreased at an annualized rate of 0.1%, from $85.9M in 2023 to $85.4M in 2018.

Exports from Jamaica (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Jamaica (Flag) (2023)

Latest Data

Trade between Jamaica (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Jamaica than Netherlands included Cayman Islands ($36.4M), Saint Kitts and Nevis ($6.02M), and Saint Lucia ($11.2M).

In 2023, countries that imported more from Netherlands than Jamaica included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - Netherlands

Flow
Scale

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

During 2023, Jamaica had a large net trade with Netherlands in the exports of Chemical Products ($37.7M), Foodstuffs ($5.29M), and Vegetable Products ($453k).

During 2018, Netherlands had a large net trade with Jamaica in the exports of Foodstuffs ($44M), Machines ($9.65M), and Metals ($8.49M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Netherlands+$8.07MPetroleum Gas
Top Product Potential Netherlands Jamaica+$3.33MRefined 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 Netherlands. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Jamaica.

Product Space of Jamaica (Flag) and Netherlands (Flag) (2023)

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