2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
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2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
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GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Ireland-Jamaica Trade: In 2022, Ireland exported $20.4M to Jamaica. The main products that Ireland exported to Jamaica were Edible Offal ($5.83M), Malt Extract ($3.94M), and Frozen Bovine Meat ($2.47M). Over the past 5 years the exports of Ireland to Jamaica have decreased at an annualized rate of 12.3%, from $39.4M in 2017 to $20.4M in 2022.

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

Jamaica-Ireland Trade: In 2022, Jamaica exported $549k to Ireland. The main products that Jamaica exported to Ireland were Refined Petroleum ($269k), Hard Liquor ($74.1k), and Large Construction Vehicles ($63.5k). Over the past 5 years the exports of Jamaica to Ireland have increased at an annualized rate of 15.3%,  from $269k in 2017 to $549k in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $20.4M to Jamaica. The main products exported from Ireland to Jamaica were Edible Offal ($5.83M), Malt Extract ($3.94M), and Frozen Bovine Meat ($2.47M). During the last 5 years the exports of Ireland to Jamaica have decreased at an annualized rate of 12.3%, from $39.4M in 2017 to $20.4M in 2022.

In 2017, Jamaica exported $549k to Ireland. The main products exported from Jamaica to Ireland were Refined Petroleum ($269k), Hard Liquor ($74.1k), and Large Construction Vehicles ($63.5k). During the last 5 years the exports of Jamaica to Ireland have increased at an annualized rate of 15.3%, from $269k in 2022 to $549k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Ireland than Jamaica included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Jamaica than Ireland included Barbados ($32.2M), Cayman Islands ($26.5M), and Antigua and Barbuda ($26.1M).

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

Comparative Advantage Ireland - Jamaica

Flow
Scale

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

During 2022, Ireland had a large net trade with Jamaica in the exports of Animal Products ($11.3M), Foodstuffs ($5.47M), and Chemical Products ($1.81M).

During 2017, Jamaica had a large net trade with Ireland in the exports of Mineral Products ($269k), Machines ($131k), and Foodstuffs ($76.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Jamaica+$1.12MPackaged Medicaments
Top Product Potential Jamaica Ireland+$961kRefined 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

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

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

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