2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Netherlands-Jamaica Trade: In 2023, Netherlands exported $85.4M to Jamaica. The main products that Netherlands exported to Jamaica were Other Edible Preparations ($24.5M), Other Frozen Vegetables ($14.3M), and Other Tin Products ($4.78M). Over the past 5 years the exports of Netherlands to Jamaica have decreased at an annualized rate of 0.1%, from $85.9M in 2018 to $85.4M in 2023.

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

Jamaica-Netherlands Trade: In 2023, Jamaica exported $44.1M to Netherlands. The main products that Jamaica exported to Netherlands were Aluminium Oxide ($37.7M), Hard Liquor ($5.15M), and Pepper ($335k). Over the past 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 27%,  from $213M in 2018 to $44.1M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $85.4M to Jamaica. The main products exported from Netherlands to Jamaica were Other Edible Preparations ($24.5M), Other Frozen Vegetables ($14.3M), and Other Tin Products ($4.78M). During the last 5 years the exports of Netherlands to Jamaica have decreased at an annualized rate of 0.1%, from $85.9M in 2018 to $85.4M in 2023.

In 2018, Jamaica exported $44.1M to Netherlands. The main products exported from Jamaica to Netherlands were Aluminium Oxide ($37.7M), Hard Liquor ($5.15M), and Pepper ($335k). During the last 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 27%, from $213M in 2023 to $44.1M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Netherlands than Jamaica included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Jamaica than Netherlands included Cayman Islands ($36.4M), Saint Kitts and Nevis ($6.02M), and Saint Lucia ($11.2M).

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

Comparative Advantage Netherlands - Jamaica

Flow
Scale

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

During 2023, Netherlands had a large net trade with Jamaica in the exports of Foodstuffs ($44M), Machines ($9.65M), and Metals ($8.49M).

During 2018, Jamaica had a large net trade with Netherlands in the exports of Chemical Products ($37.7M), Foodstuffs ($5.29M), and Vegetable Products ($453k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Jamaica+$3.33MRefined Petroleum
Top Product Potential Jamaica Netherlands+$8.07MPetroleum Gas

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

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

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