Oman (OMN) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Oman-Jamaica Trade: In 2023, Oman exported $1.65M to Jamaica. The main products that Oman exported to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($613k), Electrical Lighting and Signalling Equipment ($429k), and Other Furniture ($225k). Over the past 5 years the exports of Oman to Jamaica have decreased at an annualized rate of 0.92%, from $1.73M in 2018 to $1.65M in 2023.

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

Jamaica-Oman In N/A, Jamaica did not export any products to Oman.

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

Comparison: In 2023, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $1.65M to Jamaica. The main products exported from Oman to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($613k), Electrical Lighting and Signalling Equipment ($429k), and Other Furniture ($225k). During the last 5 years the exports of Oman to Jamaica have decreased at an annualized rate of 0.92%, from $1.73M in 2018 to $1.65M in 2023.

Jamaica does not register exports to Oman. The main products exported from Jamaica to Oman were Cars ($112k).

Exports from Oman () to Jamaica () (2023)

Exports from Jamaica () to Oman () (2023)

Latest Data

Trade between Oman () and Jamaica ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Oman than Jamaica included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Jamaica than Oman included Latvia ($131M), Iceland ($127M), and Russia ($138M).

Difference in imports from Jamaica () and Oman () (2023)

Comparative Advantage Oman - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Jamaica in the exports of Machines ($633k), Transportation ($617k), and Miscellaneous ($225k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Jamaica+$665kRefined Petroleum

Top Product Potential Jamaica Oman+$3.89kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Jamaica () (2023)

Exports from Jamaica () to Oman () (2023)

Latest Data

Trade between Oman () and Jamaica ()

Oman Exports

Market Competitiveness

Difference in imports from Jamaica () and Oman () (2023)

Comparative Advantage Oman - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Jamaica () (2023)

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