Jamaica (JAM) and Portugal (PRT) Trade | The Observatory of Economic Complexity

About

Jamaica-Portugal Trade: In 2022, Jamaica exported $600k to Portugal. The main products that Jamaica exported to Portugal were Refined Petroleum ($392k), Scrap Plastic ($171k), and Hard Liquor ($21.8k). Over the past 7 years the exports of Jamaica to Portugal have decreased at an annualized rate of 28.6%, from $6.36M in 2015 to $600k in 2022.

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

Portugal-Jamaica Trade: In 2022, Portugal exported $4.98M to Jamaica. The main products that Portugal exported to Jamaica were Uncoated Paper ($1.84M), Other Electrical Machinery ($724k), and Kraft Paper ($383k). Over the past 7 years the exports of Portugal to Jamaica have increased at an annualized rate of 9.82%, from $3.12M in 2015 to $4.98M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $600k to Portugal. The main products exported from Jamaica to Portugal were Refined Petroleum ($392k), Scrap Plastic ($171k), and Hard Liquor ($21.8k). During the last 7 years the exports of Jamaica to Portugal have decreased at an annualized rate of 28.6%, from $6.36M in 2015 to $600k in 2022.

In 2017, Portugal exported $4.98M to Jamaica. The main products exported from Portugal to Jamaica were Uncoated Paper ($1.84M), Other Electrical Machinery ($724k), and Kraft Paper ($383k). During the last 5 years the exports of Portugal to Jamaica have increased at an annualized rate of 9.82%, from $3.12M in 2022 to $4.98M in 2017.

Exports from Jamaica () to Portugal () (2022)

Exports from Portugal () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Jamaica than Portugal included Barbados ($32.2M), Cayman Islands ($26.5M), and Guyana ($26.6M).

In 2022, countries that imported more from Portugal than Jamaica included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Jamaica - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Portugal in the exports of Mineral Products ($392k), Plastics and Rubbers ($171k), and Foodstuffs ($21.8k).

During 2017, Portugal had a large net trade with Jamaica in the exports of Paper Goods ($2.54M), Machines ($1.11M), and Stone And Glass ($413k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Portugal+$1.03MRefined Petroleum

Top Product Potential Portugal Jamaica+$280kPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Portugal () (2022)

Exports from Portugal () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Portugal ()

Portugal Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Portugal

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring