North Macedonia (MKD) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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North Macedonia-Jamaica Trade: In 2015, North Macedonia exported $277 to Jamaica. The main products that North Macedonia exported to Jamaica were N/A. Over the past 11 years the exports of North Macedonia to Jamaica have decreased at an annualized rate of 13.2%, from $1.32k in 2004 to $277 in 2015.

In 2015, North Macedonia did not export any services to Jamaica.

Jamaica-North Macedonia Trade: In 2015, Jamaica exported $354 to North Macedonia. The main products that Jamaica exported to North Macedonia were Hard Liquor ($294) and Plastic Coated Textile Fabric ($60). Over the past 11 years the exports of Jamaica to North Macedonia have decreased at an annualized rate of 14.2%, from $761 in 2004 to $354 in 2015.

In 2015, Jamaica did not export any services to North Macedonia.

Comparison: In 2022, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, North Macedonia exported $277 to Jamaica. There were not main exports from North Macedonia to Jamaica in 2015. During the last 11 years the exports of North Macedonia to Jamaica have decreased at an annualized rate of 13.2%, from $1.32k in 2004 to $277 in 2015.

In 2017, Jamaica exported $354 to North Macedonia. The main products exported from Jamaica to North Macedonia were Hard Liquor ($294) and Plastic Coated Textile Fabric ($60). During the last 5 years the exports of Jamaica to North Macedonia have decreased at an annualized rate of 14.2%, from $761 in 2022 to $354 in 2017.

Exports from North Macedonia () to Jamaica () (2022)

Exports from Jamaica () to North Macedonia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from North Macedonia than Jamaica included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Jamaica than North Macedonia included United States ($1.11B), Canada ($81M), and Russia ($99.7M).

Difference in imports from Jamaica () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, North Macedonia had a large net trade with Jamaica in the exports of .

During 2017, Jamaica had a large net trade with North Macedonia in the exports of Foodstuffs ($294) and Textiles ($60).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Jamaica+$2.13kRefined Petroleum

Top Product Potential Jamaica North Macedonia+$3.03kHard 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Jamaica () (2022)

Exports from Jamaica () to North Macedonia () (2022)

Market Competitiveness

Difference in imports from Jamaica () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Jamaica () (2022)

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