Lithuania (LTU) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Lithuania-Jamaica Trade: In 2023, Lithuania exported $751k to Jamaica. The main products that Lithuania exported to Jamaica were Plastic Lids ($256k), Sawn Wood ($210k), and Asphalt ($75.6k). Over the past 5 years the exports of Lithuania to Jamaica have decreased at an annualized rate of 11.8%, from $1.41M in 2018 to $751k in 2023.

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

Jamaica-Lithuania Trade: In 2023, Jamaica exported $29.8k to Lithuania. The main products that Jamaica exported to Lithuania were Coffee ($29k), Liquid Pumps ($345), and Gas and Liquid Flow Measuring Instruments ($248). Over the past 5 years the exports of Jamaica to Lithuania have increased at an annualized rate of 100%, from $921 in 2018 to $29.8k in 2023.

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

Comparison: In 2023, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). 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, Lithuania exported $751k to Jamaica. The main products exported from Lithuania to Jamaica were Plastic Lids ($256k), Sawn Wood ($210k), and Asphalt ($75.6k). During the last 5 years the exports of Lithuania to Jamaica have decreased at an annualized rate of 11.8%, from $1.41M in 2018 to $751k in 2023.

In 2018, Jamaica exported $29.8k to Lithuania. The main products exported from Jamaica to Lithuania were Coffee ($29k), Liquid Pumps ($345), and Gas and Liquid Flow Measuring Instruments ($248). During the last 5 years the exports of Jamaica to Lithuania have increased at an annualized rate of 100%, from $921 in 2023 to $29.8k in 2018.

Exports from Lithuania () to Jamaica () (2023)

Exports from Jamaica () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Jamaica ()

Lithuania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$4.44B

Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Lithuania than Jamaica included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

In 2023, countries that imported more from Jamaica than Lithuania included Guyana ($80.7M), Barbados ($46.1M), and Cayman Islands ($36.4M).

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

Comparative Advantage Lithuania - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lithuania had a large net trade with Jamaica in the exports of Plastics and Rubbers ($256k), Wood Products ($219k), and Machines ($102k).

During 2018, Jamaica had a large net trade with Lithuania in the exports of Vegetable Products ($29k), Machines ($345), and Instruments ($248).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lithuania Jamaica+$249kPlastic Lids

Top Product Potential Jamaica Lithuania+$26.5kCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Jamaica () (2023)

Exports from Jamaica () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Jamaica ()

Lithuania Exports

Market Competitiveness

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

Comparative Advantage Lithuania - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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