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2022
Flag → Flag
Exports $1.87MRnk 54 / 157
2022
Flag → Flag
Top Product $1.29MRefined Petroleum
2022
Flag → Flag
Exports $8.02MRnk 146 / 215
2022
Flag → Flag
Top Product $1.44MCars
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Jamaica-Singapore Trade: In 2022, Jamaica exported $1.87M to Singapore. The main products that Jamaica exported to Singapore were Refined Petroleum ($1.29M), Semiconductor Devices ($266k), and Hard Liquor ($134k). Over the past 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 13.7%, from $981k in 2017 to $1.87M in 2022.

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

Singapore-Jamaica Trade: In 2022, Singapore exported $8.02M to Jamaica. The main products that Singapore exported to Jamaica were Cars ($1.44M), Petroleum Coke ($1.27M), and Motor vehicles; parts and accessories (8701 to 8705) ($667k). Over the past 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 9.13%,  from $5.18M in 2017 to $8.02M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Jamaica exported $1.87M to Singapore. The main products exported from Jamaica to Singapore were Refined Petroleum ($1.29M), Semiconductor Devices ($266k), and Hard Liquor ($134k). During the last 5 years the exports of Jamaica to Singapore have increased at an annualized rate of 13.7%, from $981k in 2017 to $1.87M in 2022.

In 2017, Singapore exported $8.02M to Jamaica. The main products exported from Singapore to Jamaica were Cars ($1.44M), Petroleum Coke ($1.27M), and Motor vehicles; parts and accessories (8701 to 8705) ($667k). During the last 5 years the exports of Singapore to Jamaica have increased at an annualized rate of 9.13%, from $5.18M in 2022 to $8.02M in 2017.

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

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

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Jamaica than Singapore included Iceland ($39.5M), Cayman Islands ($26.5M), and Barbados ($32.2M).

In 2022, countries that imported more from Singapore than Jamaica included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Jamaica - Singapore

Flow
Scale

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

During 2022, Jamaica had a large net trade with Singapore in the exports of Mineral Products ($1.29M), Machines ($281k), and Foodstuffs ($144k).

During 2017, Singapore had a large net trade with Jamaica in the exports of Machines ($2.5M), Transportation ($2.35M), and Mineral Products ($1.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jamaica Singapore+$2.67MRefined Petroleum
Top Product Potential Singapore Jamaica+$690kRefined 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 Jamaica and Singapore. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Jamaica.

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

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