2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Netherlands-Jamaica Trade: In 2022, Netherlands exported $82M to Jamaica. The main products that Netherlands exported to Jamaica were Other Edible Preparations ($28.2M), Other Frozen Vegetables ($7.22M), and Other Tin Products ($5.88M). Over the past 5 years the exports of Netherlands to Jamaica have increased at an annualized rate of 6.51%, from $59.8M in 2017 to $82M in 2022.

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

Jamaica-Netherlands Trade: In 2022, Jamaica exported $16.8M to Netherlands. The main products that Jamaica exported to Netherlands were Aluminium Oxide ($9.88M), Hard Liquor ($4.06M), and Petroleum Gas ($1.81M). Over the past 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 34.8%,  from $143M in 2017 to $16.8M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $82M to Jamaica. The main products exported from Netherlands to Jamaica were Other Edible Preparations ($28.2M), Other Frozen Vegetables ($7.22M), and Other Tin Products ($5.88M). During the last 5 years the exports of Netherlands to Jamaica have increased at an annualized rate of 6.51%, from $59.8M in 2017 to $82M in 2022.

In 2017, Jamaica exported $16.8M to Netherlands. The main products exported from Jamaica to Netherlands were Aluminium Oxide ($9.88M), Hard Liquor ($4.06M), and Petroleum Gas ($1.81M). During the last 5 years the exports of Jamaica to Netherlands have decreased at an annualized rate of 34.8%, from $143M in 2022 to $16.8M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Netherlands than Jamaica included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Jamaica than Netherlands included Cayman Islands ($26.5M), Antigua and Barbuda ($26.1M), and Saint Kitts and Nevis ($12.5M).

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

Comparative Advantage Netherlands - Jamaica

Flow
Scale

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

During 2022, Netherlands had a large net trade with Jamaica in the exports of Foodstuffs ($39.2M), Machines ($11.3M), and Metals ($8.2M).

During 2017, Jamaica had a large net trade with Netherlands in the exports of Chemical Products ($9.89M), Foodstuffs ($4.29M), and Mineral Products ($2.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Jamaica+$3.33MRefined Petroleum
Top Product Potential Jamaica Netherlands+$8.07MPetroleum Gas

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

Product Space of Netherlands (Flag) and Jamaica (Flag) (2022)

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