2023
Flag  
GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$19.4BCURRENT US$
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2013-2023
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GDP GROWTH
36.2%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC
$6,840CURRENT US$
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2013-2023
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GDP PC GROWTH
33.5%CURRENT US$
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About

Japan-Jamaica Trade: In 2023, Japan exported $293M to Jamaica. The main products that Japan exported to Jamaica were Cars ($222M), Delivery Trucks ($32.4M), and Buses ($13.4M). Over the past 5 years the exports of Japan to Jamaica have increased at an annualized rate of 2.55%, from $259M in 2018 to $293M in 2023.

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

Jamaica-Japan Trade: In 2023, Jamaica exported $18.6M to Japan. The main products that Jamaica exported to Japan were Coffee ($12.1M), Hard Liquor ($4.21M), and Raw Cotton ($781k). Over the past 5 years the exports of Jamaica to Japan have increased at an annualized rate of 7.44%,  from $13M in 2018 to $18.6M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $293M to Jamaica. The main products exported from Japan to Jamaica were Cars ($222M), Delivery Trucks ($32.4M), and Buses ($13.4M). During the last 5 years the exports of Japan to Jamaica have increased at an annualized rate of 2.55%, from $259M in 2018 to $293M in 2023.

In 2018, Jamaica exported $18.6M to Japan. The main products exported from Jamaica to Japan were Coffee ($12.1M), Hard Liquor ($4.21M), and Raw Cotton ($781k). During the last 5 years the exports of Jamaica to Japan have increased at an annualized rate of 7.44%, from $13M in 2023 to $18.6M in 2018.

Exports from Japan (Flag) to Jamaica (Flag) (2023)

Exports from Jamaica (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Japan than Jamaica included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Jamaica than Japan included Latvia ($131M), Haiti ($32.1M), and Cayman Islands ($36.4M).

Difference in imports from Jamaica (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Jamaica

Flow
Scale

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

During 2023, Japan had a large net trade with Jamaica in the exports of Transportation ($277M), Machines ($10.2M), and Plastics and Rubbers ($2.04M).

During 2018, Jamaica had a large net trade with Japan in the exports of Vegetable Products ($12.9M), Foodstuffs ($4.25M), and Textiles ($903k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Jamaica+$4.46MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Jamaica Japan+$2.21MHard Liquor

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

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

Product Space of Japan (Flag) and Jamaica (Flag) (2023)

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