Sri Lanka (LKA) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Sri Lanka-Jamaica Trade: In 2023, Sri Lanka exported $2.61M to Jamaica. The main products that Sri Lanka exported to Jamaica were Other Edible Preparations ($1.09M), Rubber Tires ($827k), and Used Rubber Tires ($215k). Over the past 5 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 2.13%, from $2.35M in 2018 to $2.61M in 2023.

In 2023, Sri Lanka did not export any services to Jamaica.

Jamaica-Sri Lanka In N/A, Jamaica did not export any products to Sri Lanka.

In 2023, Jamaica did not export any services to Sri Lanka.

Comparison: In 2023, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sri Lanka exported $2.61M to Jamaica. The main products exported from Sri Lanka to Jamaica were Other Edible Preparations ($1.09M), Rubber Tires ($827k), and Used Rubber Tires ($215k). During the last 5 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 2.13%, from $2.35M in 2018 to $2.61M in 2023.

Jamaica does not register exports to Sri Lanka. The main products exported from Jamaica to Sri Lanka were Electrical Capacitors ($3.37k), Office Machine Parts ($2.85k), and Computers ($1.36k).

Exports from Sri Lanka () to Jamaica () (2023)

Exports from Jamaica () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Jamaica ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Sri Lanka than Jamaica included United States ($2.98B), India ($991M), and Germany ($906M).

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

Difference in imports from Jamaica () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sri Lanka had a large net trade with Jamaica in the exports of Foodstuffs ($1.39M), Plastics and Rubbers ($1.19M), and Textiles ($24.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Jamaica+$193kRubber Tires

Top Product Potential Jamaica Sri Lanka+$7.13kComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Jamaica () (2023)

Exports from Jamaica () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Jamaica ()

Sri Lanka Exports

Market Competitiveness

Difference in imports from Jamaica () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Jamaica () (2023)

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