Jamaica (JAM) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Jamaica-Romania Trade: In 2023, Jamaica exported $3.52k to Romania. The main products that Jamaica exported to Romania were Hard Liquor ($2.21k), Computers ($803), and Aluminium Oxide ($262). Over the past 10 years the exports of Jamaica to Romania have decreased at an annualized rate of 59%, from $26.2M in 2013 to $3.52k in 2023.

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

Romania-Jamaica Trade: In 2023, Romania exported $1.44M to Jamaica. The main products that Romania exported to Jamaica were Packaged Medicaments ($1.12M), Rolled Tobacco ($128k), and Other Heating Machinery ($58.8k). Over the past 10 years the exports of Romania to Jamaica have increased at an annualized rate of 61.5%, from $132k in 2013 to $1.44M in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $3.52k to Romania. The main products exported from Jamaica to Romania were Hard Liquor ($2.21k), Computers ($803), and Aluminium Oxide ($262). During the last 10 years the exports of Jamaica to Romania have decreased at an annualized rate of 59%, from $26.2M in 2013 to $3.52k in 2023.

In 2018, Romania exported $1.44M to Jamaica. The main products exported from Romania to Jamaica were Packaged Medicaments ($1.12M), Rolled Tobacco ($128k), and Other Heating Machinery ($58.8k). During the last 5 years the exports of Romania to Jamaica have increased at an annualized rate of 61.5%, from $132k in 2023 to $1.44M in 2018.

Exports from Jamaica () to Romania () (2023)

Exports from Romania () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Jamaica than Romania included Iceland ($127M), Guyana ($80.7M), and Latvia ($131M).

In 2023, countries that imported more from Romania than Jamaica included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Jamaica - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Romania in the exports of Foodstuffs ($2.21k), Machines ($803), and Chemical Products ($445).

During 2018, Romania had a large net trade with Jamaica in the exports of Chemical Products ($1.12M), Foodstuffs ($128k), and Machines ($111k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Romania+$4.11kRefined Petroleum

Top Product Potential Romania Jamaica+$134kOther Heating Machinery

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Romania () (2023)

Exports from Romania () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Romania ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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