Jamaica (JAM) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Jamaica-Singapore Trade: In 2023, Jamaica exported $3.14M to Singapore. The main products that Jamaica exported to Singapore were Refined Petroleum ($2.32M), Hard Liquor ($501k), and Plastic Pipes ($120k). Over the past 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 8.17%, from $2.12M in 2018 to $3.14M in 2023.

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

Singapore-Jamaica Trade: In 2023, Singapore exported $7.79M to Jamaica. The main products that Singapore exported to Jamaica were Shaving Products ($888k), Cars ($831k), and Semiconductor Devices ($609k). Over the past 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 8.87%, from $5.09M in 2018 to $7.79M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $3.14M to Singapore. The main products exported from Jamaica to Singapore were Refined Petroleum ($2.32M), Hard Liquor ($501k), and Plastic Pipes ($120k). During the last 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 8.17%, from $2.12M in 2018 to $3.14M in 2023.

In 2018, Singapore exported $7.79M to Jamaica. The main products exported from Singapore to Jamaica were Shaving Products ($888k), Cars ($831k), and Semiconductor Devices ($609k). During the last 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 8.87%, from $5.09M in 2023 to $7.79M in 2018.

Exports from Jamaica () to Singapore () (2023)

Exports from Singapore () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Singapore
Top DestinationHong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Jamaica included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Jamaica - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Singapore in the exports of Mineral Products ($2.32M), Foodstuffs ($519k), and Plastics and Rubbers ($159k).

During 2018, Singapore had a large net trade with Jamaica in the exports of Chemical Products ($1.86M), Machines ($1.72M), and Transportation ($1.36M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Singapore+$2.67MRefined Petroleum

Top Product Potential Singapore Jamaica+$690kRefined 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 Singapore. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Singapore () (2023)

Exports from Singapore () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Singapore ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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