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2023
Flag → Flag
Exports $81MRnk 61 / 205
2023
Flag → Flag
Top Product $51.9MPetroleum Gas
2023
Flag → Flag
Exports $137kRnk 85 / 150
2023
Flag → Flag
Top Product $38kPepper
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Norway-Jamaica Trade: In 2023, Norway exported $81M to Jamaica. The main products that Norway exported to Jamaica were Petroleum Gas ($51.9M), Dried/Salted/Smoked/Brined Fish ($26.1M), and Iron Gas Containers ($982k). Over the past 5 years the exports of Norway to Jamaica have increased at an annualized rate of 37.1%, from $16.7M in 2018 to $81M in 2023.

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

Jamaica-Norway Trade: In 2023, Jamaica exported $137k to Norway. The main products that Jamaica exported to Norway were Pepper ($38k), Gas and Liquid Flow Measuring Instruments ($29.9k), and Hard Liquor ($20.2k). Over the past 5 years the exports of Jamaica to Norway have decreased at an annualized rate of 76.1%,  from $177M in 2018 to $137k in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK21.5M and imported NOK55k from Jamaica, resulting in a positive trade balance of NOK21.5M. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-539M (-96.2%) from NOK560M to NOK21.5M, while imports decreased by NOK-34k (-38.2%) from NOK89k to NOK55k.

Trade In December 2024, the top exports of Norway to Jamaica were Fish (not marine mammals), crustaceans, molluscs... (NOK27.1M), General industrial machinery and equipment, n.e.s.,... (NOK121k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK70k), Manufactures of metals, n.e.s. (NOK9k), and Live animals other than animals of... (NOK0). In December 2024 the top imports of Norway from Jamaica were Beverages (NOK128k), Miscellaneous manufactured articles, n.e.s. (NOK32k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK31k), Coffee, tea, cocoa, spices, and manufactures... (NOK3k), and Essential oils and resinoids and perfume... (NOK1k).

Growth In December 2024, the decrease in Norway's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Office machines and automatic data-processing machines (NOK-52k or -100%), Professional, scientific and controlling instruments and... (NOK-25k or -100%), and Power-generating machinery and equipment (NOK-15k or -100%). In December 2024, the decrease in Norway's year-by-year imports  from Jamaica was explained primarily by an decrease in product imports  in Professional, scientific and controlling instruments and... (NOK-316k or -100%), Telecommunications and sound-recording and reproducing apparatus... (NOK-100k or -100%), and Coffee, tea, cocoa, spices, and manufactures... (NOK-8k or -72.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK-539M(-96.2%)
IMPORT GROWTH (December 2023 - December 2024)NOK-34k(-38.2%)

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

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

For full datasets download visit Bulk Download page.

Explore Jamaica and Norway Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $81M to Jamaica. The main products exported from Norway to Jamaica were Petroleum Gas ($51.9M), Dried/Salted/Smoked/Brined Fish ($26.1M), and Iron Gas Containers ($982k). During the last 5 years the exports of Norway to Jamaica have increased at an annualized rate of 37.1%, from $16.7M in 2018 to $81M in 2023.

In 2018, Jamaica exported $137k to Norway. The main products exported from Jamaica to Norway were Pepper ($38k), Gas and Liquid Flow Measuring Instruments ($29.9k), and Hard Liquor ($20.2k). During the last 5 years the exports of Jamaica to Norway have decreased at an annualized rate of 76.1%, from $177M in 2023 to $137k in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Norway than Jamaica included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

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

Comparative Advantage Norway - Jamaica

Flow
Scale

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

During 2023, Norway had a large net trade with Jamaica in the exports of Mineral Products ($51.9M), Animal Products ($26.1M), and Metals ($1.02M).

During 2018, Jamaica had a large net trade with Norway in the exports of Vegetable Products ($38.5k), Instruments ($37.8k), and Machines ($35.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Jamaica+$207kPlastic Lids
Top Product Potential Jamaica Norway+$3.96MRefined Petroleum

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

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

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