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Pricing

2022
Flag → Flag
Exports $31.9MRnk 84 / 209
2022
Flag → Flag
Top Product $30.2MDried/Salted/Smoked/Brined Fish
2022
Flag → Flag
Exports $5.29MRnk 35 / 157
2022
Flag → Flag
Top Product $5.03MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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 $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Norway-Jamaica Trade: In 2022, Norway exported $31.9M to Jamaica. The main products that Norway exported to Jamaica were Dried/Salted/Smoked/Brined Fish ($30.2M), Plastic Lids ($345k), and Plastic Pipes ($288k). Over the past 5 years the exports of Norway to Jamaica have increased at an annualized rate of 11.1%, from $18.8M in 2017 to $31.9M in 2022.

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

Jamaica-Norway Trade: In 2022, Jamaica exported $5.29M to Norway. The main products that Jamaica exported to Norway were Refined Petroleum ($5.03M), Excavation Machinery ($140k), and Hard Liquor ($73.6k). Over the past 5 years the exports of Jamaica to Norway have increased at an annualized rate of 79.3%,  from $285k in 2017 to $5.29M in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK17.9M and imported NOK96k from Jamaica, resulting in a positive trade balance of NOK17.8M. Between October 2023 and October 2024 the exports of Norway have decreased by NOK-13.6M (-43.1%) from NOK31.5M to NOK17.9M, while imports increased by NOK9k (10.3%) from NOK87k to NOK96k.

Trade In October 2024, the top exports of Norway to Jamaica were Fish (not marine mammals), crustaceans, molluscs... (NOK15.1M), Office machines and automatic data-processing machines (NOK52k), Professional, scientific and controlling instruments and... (NOK25k), Power-generating machinery and equipment (NOK15k), and Telecommunications and sound-recording and reproducing apparatus... (NOK6k). In October 2024 the top imports of Norway from Jamaica were Professional, scientific and controlling instruments and... (NOK316k), Telecommunications and sound-recording and reproducing apparatus... (NOK100k), Coffee, tea, cocoa, spices, and manufactures... (NOK11k), Special transactions and commodities not classified... (NOK5k), and Live animals other than animals of... (NOK0).

Growth In October 2024, the decrease in Norway's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK-2.26M or -13%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-236k or -100%), and Chemical materials and products, n.e.s. (NOK-38k or -100%). In October 2024, the increase in Norway's year-by-year imports  from Jamaica was explained primarily by an increase in product imports  in Coffee, tea, cocoa, spices, and manufactures... (NOK8k or 267%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK-13.6M(-43.1%)
IMPORT GROWTH (October 2023 - October 2024)NOK9k(10.3%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $31.9M to Jamaica. The main products exported from Norway to Jamaica were Dried/Salted/Smoked/Brined Fish ($30.2M), Plastic Lids ($345k), and Plastic Pipes ($288k). During the last 5 years the exports of Norway to Jamaica have increased at an annualized rate of 11.1%, from $18.8M in 2017 to $31.9M in 2022.

In 2017, Jamaica exported $5.29M to Norway. The main products exported from Jamaica to Norway were Refined Petroleum ($5.03M), Excavation Machinery ($140k), and Hard Liquor ($73.6k). During the last 5 years the exports of Jamaica to Norway have increased at an annualized rate of 79.3%, from $285k in 2022 to $5.29M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Jamaica
Top DestinationUnited States$1.11B

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 2022, countries that imported more from Norway than Jamaica included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

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 2022, Norway had a large net trade with Jamaica in the exports of Animal Products ($30.2M), Plastics and Rubbers ($643k), and Machines ($501k).

During 2017, Jamaica had a large net trade with Norway in the exports of Mineral Products ($5.03M), Machines ($143k), and Foodstuffs ($74.2k).

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) (2022)

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