Jamaica (JAM) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Jamaica-New Zealand Trade: In 2022, Jamaica exported $3.51M to New Zealand. The main products that Jamaica exported to New Zealand were Hard Liquor ($3.35M), Sauces and Seasonings ($82.7k), and Other Fermented Beverages ($43.3k). Over the past 5 years the exports of Jamaica to New Zealand have decreased at an annualized rate of 4.14%, from $4.33M in 2017 to $3.51M in 2022.

In 2022, Jamaica did not export any services to New Zealand.

New Zealand-Jamaica Trade: In 2022, New Zealand exported $40.1M to Jamaica. The main products that New Zealand exported to Jamaica were Cheese ($23.4M), Butter ($9.39M), and Frozen Bovine Meat ($1.42M). Over the past 5 years the exports of New Zealand to Jamaica have increased at an annualized rate of 9.37%, from $25.6M in 2017 to $40.1M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $3.51M to New Zealand. The main products exported from Jamaica to New Zealand were Hard Liquor ($3.35M), Sauces and Seasonings ($82.7k), and Other Fermented Beverages ($43.3k). During the last 5 years the exports of Jamaica to New Zealand have decreased at an annualized rate of 4.14%, from $4.33M in 2017 to $3.51M in 2022.

In 2017, New Zealand exported $40.1M to Jamaica. The main products exported from New Zealand to Jamaica were Cheese ($23.4M), Butter ($9.39M), and Frozen Bovine Meat ($1.42M). During the last 5 years the exports of New Zealand to Jamaica have increased at an annualized rate of 9.37%, from $25.6M in 2022 to $40.1M in 2017.

Exports from Jamaica () to New Zealand () (2022)

Exports from New Zealand () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Jamaica than New Zealand included Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

In 2022, countries that imported more from New Zealand than Jamaica included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Jamaica () (2022)

Comparative Advantage Jamaica - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with New Zealand in the exports of Foodstuffs ($3.48M), Wood Products ($19.3k), and Vegetable Products ($4.34k).

During 2017, New Zealand had a large net trade with Jamaica in the exports of Animal Products ($38M), Metals ($1.24M), and Paper Goods ($322k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica New Zealand+$119kSauces and Seasonings

Top Product Potential New Zealand Jamaica+$687kConcentrated Milk

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to New Zealand () (2022)

Exports from New Zealand () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Jamaica () (2022)

Comparative Advantage Jamaica - New Zealand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Jamaica () and New Zealand () (2022)

Keep Exploring