Romania (ROU) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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Romania-Jamaica Trade: In 2023, Romania exported $1.44M to Jamaica. The main products that Romania exported to Jamaica were Packaged Medicaments ($1.12M), Rolled Tobacco ($128k), and Other Heating Machinery ($58.8k). Over the past 5 years the exports of Romania to Jamaica have increased at an annualized rate of 61.5%, from $132k in 2018 to $1.44M in 2023.

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

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

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

Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $1.44M to Jamaica. The main products exported from Romania to Jamaica were Packaged Medicaments ($1.12M), Rolled Tobacco ($128k), and Other Heating Machinery ($58.8k). During the last 5 years the exports of Romania to Jamaica have increased at an annualized rate of 61.5%, from $132k in 2018 to $1.44M in 2023.

Jamaica does not register exports to Romania. The main products exported from Jamaica to Romania were Hard Liquor ($2.21k), Computers ($803), and Aluminium Oxide ($262).

Exports from Romania () to Jamaica () (2023)

Exports from Jamaica () to Romania () (2023)

Latest Data

Trade between Romania () and Jamaica ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Jamaica
Top DestinationUnited States$709M

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

In 2023, countries that imported more from Romania than Jamaica included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Jamaica than Romania included Iceland ($127M), Guyana ($80.7M), and Latvia ($131M).

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

Comparative Advantage Romania - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Jamaica in the exports of Chemical Products ($1.12M), Foodstuffs ($128k), and Machines ($111k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Jamaica+$134kOther Heating Machinery

Top Product Potential Jamaica Romania+$4.11kRefined 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 Romania and Jamaica. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Romania.

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Jamaica () (2023)

Exports from Jamaica () to Romania () (2023)

Latest Data

Trade between Romania () and Jamaica ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Romania - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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