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

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Jamaica-Oman Trade: In 2022, Jamaica exported $7.08k to Oman. The main products that Jamaica exported to Oman were Metal Insulating Fittings ($7.08k). Over the past 7 years the exports of Jamaica to Oman have increased at an annualized rate of 82%, from $107 in 2015 to $7.08k in 2022.

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

Oman-Jamaica Trade: In 2022, Oman exported $5.38M to Jamaica. The main products that Oman exported to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($2.33M), Glass Bottles ($1.7M), and Electrical Lighting and Signalling Equipment ($337k). Over the past 7 years the exports of Oman to Jamaica have increased at an annualized rate of 49.7%, from $716k in 2015 to $5.38M in 2022.

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

Comparison: In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $7.08k to Oman. The main products exported from Jamaica to Oman were Metal Insulating Fittings ($7.08k). During the last 7 years the exports of Jamaica to Oman have increased at an annualized rate of 82%, from $107 in 2015 to $7.08k in 2022.

In 2017, Oman exported $5.38M to Jamaica. The main products exported from Oman to Jamaica were Motor vehicles; parts and accessories (8701 to 8705) ($2.33M), Glass Bottles ($1.7M), and Electrical Lighting and Signalling Equipment ($337k). During the last 5 years the exports of Oman to Jamaica have increased at an annualized rate of 49.7%, from $716k in 2022 to $5.38M in 2017.

Exports from Jamaica () to Oman () (2022)

Exports from Oman () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Jamaica than Oman included Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

In 2022, countries that imported more from Oman than Jamaica included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman () and Jamaica () (2022)

Comparative Advantage Jamaica - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Oman in the exports of Machines ($7.08k).

During 2017, Oman had a large net trade with Jamaica in the exports of Transportation ($2.33M), Stone And Glass ($1.73M), and Machines ($817k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Oman+$3.89kRefined Petroleum

Top Product Potential Oman Jamaica+$665kRefined 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 Jamaica and Oman. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Oman () (2022)

Exports from Oman () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Oman ()

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Jamaica () (2022)

Comparative Advantage Jamaica - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Oman () (2022)

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