2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Jamaica-Chinese Taipei Trade: In 2023, Jamaica exported $11.1M to Chinese Taipei. The main products that Jamaica exported to Chinese Taipei were Scrap Iron ($6.78M), Scrap Aluminium ($2.62M), and Coffee ($1.14M). Over the past 5 years the exports of Jamaica to Chinese Taipei have increased at an annualized rate of 2.64%, from $9.7M in 2018 to $11.1M in 2023.

In 2023, Jamaica did not export any services to Chinese Taipei.

Chinese Taipei-Jamaica Trade: In 2023, Chinese Taipei exported $12.6M to Jamaica. The main products that Chinese Taipei exported to Jamaica were Synthetic Filament Yarn Woven Fabric ($1.88M), Rubber Tires ($1.35M), and Motor vehicles; parts and accessories (8701 to 8705) ($758k). Over the past 5 years the exports of Chinese Taipei to Jamaica have decreased at an annualized rate of 4.4%,  from $15.8M in 2018 to $12.6M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $11.1M to Chinese Taipei. The main products exported from Jamaica to Chinese Taipei were Scrap Iron ($6.78M), Scrap Aluminium ($2.62M), and Coffee ($1.14M). During the last 5 years the exports of Jamaica to Chinese Taipei have increased at an annualized rate of 2.64%, from $9.7M in 2018 to $11.1M in 2023.

In 2018, Chinese Taipei exported $12.6M to Jamaica. The main products exported from Chinese Taipei to Jamaica were Synthetic Filament Yarn Woven Fabric ($1.88M), Rubber Tires ($1.35M), and Motor vehicles; parts and accessories (8701 to 8705) ($758k). During the last 5 years the exports of Chinese Taipei to Jamaica have decreased at an annualized rate of 4.4%, from $15.8M in 2023 to $12.6M in 2018.

Exports from Jamaica (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Jamaica (Flag) (2023)

Market Competitiveness

Color
Jamaica
Top Destination
United States$709M
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Jamaica than Chinese Taipei included Iceland ($127M), Guyana ($80.7M), and Barbados ($46.1M).

In 2023, countries that imported more from Chinese Taipei than Jamaica included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - Chinese Taipei

Flow
Scale

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

During 2023, Jamaica had a large net trade with Chinese Taipei in the exports of Metals ($9.51M), Vegetable Products ($1.14M), and Foodstuffs ($347k).

During 2018, Chinese Taipei had a large net trade with Jamaica in the exports of Textiles ($3.12M), Machines ($2.66M), and Plastics and Rubbers ($2.29M).

Economic Complexity

Competitive Landscape

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

Product Space of Jamaica (Flag) and Chinese Taipei (Flag) (2023)

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