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2022
Flag → Flag
Exports $24MRnk 134 / 218
2022
Flag → Flag
Top Product $3.57MLegume Flours
2022
Flag → Flag
Exports $1.3MRnk 56 / 157
2022
Flag → Flag
Top Product $335kRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Malaysia-Jamaica Trade: In 2022, Malaysia exported $24M to Jamaica. The main products that Malaysia exported to Jamaica were Legume Flours ($3.57M), Malt Extract ($3.17M), and Other Furniture ($2.26M). Over the past 5 years the exports of Malaysia to Jamaica have increased at an annualized rate of 3.52%, from $20.2M in 2017 to $24M in 2022.

In 2022, Malaysia did not export any services to Jamaica.

Jamaica-Malaysia Trade: In 2022, Jamaica exported $1.3M to Malaysia. The main products that Jamaica exported to Malaysia were Raw Aluminium ($335k), Pepper ($261k), and Tungsten ($241k). Over the past 5 years the exports of Jamaica to Malaysia have increased at an annualized rate of 12.5%,  from $723k in 2017 to $1.3M in 2022.

In 2022, Jamaica did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR5.47M and imported MYR49k from Jamaica, resulting in a positive trade balance of MYR5.43M. Between June 2023 and June 2024 the exports of Malaysia have decreased by MYR-1.28M (-18.9%) from MYR6.75M to MYR5.47M, while imports decreased by MYR-74.4k (-60.3%) from MYR123k to MYR49k.

Trade In June 2024, the top exports of Malaysia to Jamaica were Malt Extract (MYR1.24M), Rubber Apparel (MYR524k), Other Edible Preparations (MYR314k), Palm Oil (MYR314k), and Electric Heaters (MYR242k). In June 2024 the top imports of Malaysia from Jamaica were Copper Powder (MYR955k), Raw Aluminium (MYR45.7k), Hard Liquor (MYR37.3k), and Coffee (MYR799).

Growth In June 2024, the decrease in Malaysia's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Rubber Apparel (MYR-1.43M or -73.3%), Other Furniture (MYR-1.12M or -95.3%), and Commodities not elsewhere specified (MYR-1.61k or -96.9%). In June 2024, the decrease in Malaysia's year-by-year imports  from Jamaica was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR-1.28M(-18.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-74.4k(-60.3%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Jamaica and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jamaica and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $24M to Jamaica. The main products exported from Malaysia to Jamaica were Legume Flours ($3.57M), Malt Extract ($3.17M), and Other Furniture ($2.26M). During the last 5 years the exports of Malaysia to Jamaica have increased at an annualized rate of 3.52%, from $20.2M in 2017 to $24M in 2022.

In 2017, Jamaica exported $1.3M to Malaysia. The main products exported from Jamaica to Malaysia were Raw Aluminium ($335k), Pepper ($261k), and Tungsten ($241k). During the last 5 years the exports of Jamaica to Malaysia have increased at an annualized rate of 12.5%, from $723k in 2022 to $1.3M in 2017.

Exports from Malaysia (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Malaysia than Jamaica included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Jamaica than Malaysia included Barbados ($32.2M), Cayman Islands ($26.5M), and Antigua and Barbuda ($26.1M).

Difference in imports from Jamaica (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Jamaica

Flow
Scale

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

During 2022, Malaysia had a large net trade with Jamaica in the exports of Foodstuffs ($5.38M), Vegetable Products ($3.6M), and Miscellaneous ($2.93M).

During 2017, Jamaica had a large net trade with Malaysia in the exports of Metals ($795k), Vegetable Products ($265k), and Plastics and Rubbers ($150k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Jamaica+$766kOther Furniture
Top Product Potential Jamaica Malaysia+$186kScrap Copper

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

Product Space of Malaysia (Flag) and Jamaica (Flag) (2022)

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