Jamaica (JAM) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Jamaica-Oman Trade: In 2023, Jamaica exported $112k to Oman. The main products that Jamaica exported to Oman were Cars ($112k). Over the past 7 years the exports of Jamaica to Oman have increased at an annualized rate of 50.4%, from $6.4k in 2016 to $112k in 2023.

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

Oman-Jamaica Trade: In 2023, Oman exported $1.65M to Jamaica. The main products that Oman exported to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($613k), Electrical Lighting and Signalling Equipment ($429k), and Other Furniture ($225k). Over the past 7 years the exports of Oman to Jamaica have decreased at an annualized rate of 0.92%, from $1.73M in 2016 to $1.65M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $112k to Oman. The main products exported from Jamaica to Oman were Cars ($112k). During the last 7 years the exports of Jamaica to Oman have increased at an annualized rate of 50.4%, from $6.4k in 2016 to $112k in 2023.

In 2018, Oman exported $1.65M to Jamaica. The main products exported from Oman to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($613k), Electrical Lighting and Signalling Equipment ($429k), and Other Furniture ($225k). During the last 5 years the exports of Oman to Jamaica have decreased at an annualized rate of 0.92%, from $1.73M in 2023 to $1.65M in 2018.

Exports from Jamaica () to Oman () (2023)

Exports from Oman () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Jamaica than Oman included Latvia ($131M), Iceland ($127M), and Russia ($138M).

In 2023, countries that imported more from Oman than Jamaica included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

Difference in imports from Oman () and Jamaica () (2023)

Comparative Advantage Jamaica - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Oman in the exports of Transportation ($112k).

During 2018, Oman had a large net trade with Jamaica in the exports of Machines ($633k), Transportation ($617k), and Miscellaneous ($225k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Oman+$3.89kRefined Petroleum

Top Product Potential Oman Jamaica+$665kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Oman () (2023)

Exports from Oman () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Oman ()

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Jamaica () (2023)

Comparative Advantage Jamaica - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Oman () (2023)

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