Azerbaijan (AZE) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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In N/A, Azerbaijan did not export any services to Jamaica.

Jamaica-Azerbaijan Trade: In N/A, Jamaica exported $5.41k to Azerbaijan. The main products that Jamaica exported to Azerbaijan were Hard Liquor ($4.76k), Electrical Ignitions ($488), and Iron Fasteners ($94). Over the past N/A years the exports of Jamaica to Azerbaijan have decreased at an annualized rate of 78.1%, from $10.8M in N/A to $5.41k in N/A.

In N/A, Jamaica did not export any services to Azerbaijan.

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Azerbaijan does not register exports to Jamaica.

In 2017, Jamaica exported $5.41k to Azerbaijan. The main products exported from Jamaica to Azerbaijan were Hard Liquor ($4.76k), Electrical Ignitions ($488), and Iron Fasteners ($94). During the last 5 years the exports of Jamaica to Azerbaijan have decreased at an annualized rate of 78.1%, from $10.8M in 2022 to $5.41k in 2017.

Exports from Azerbaijan () to Jamaica () (2022)

Exports from Jamaica () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Jamaica
Top DestinationUnited States$1.11B

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

In 2022, countries that imported more from Azerbaijan than Jamaica included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Jamaica than Azerbaijan included United States ($1.11B), Canada ($81M), and Iceland ($39.5M).

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

Comparative Advantage Azerbaijan - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Jamaica had a large net trade with Azerbaijan in the exports of Foodstuffs ($4.76k), Machines ($488), and Metals ($94).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Jamaica+$4.51kCrude Petroleum

Top Product Potential Jamaica Azerbaijan+$17.1kHard Liquor

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

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Jamaica () (2022)

Exports from Jamaica () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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