2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$17.1BCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$6,047CURRENT US$
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2012-2022
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GDP PC GROWTH
12.7%CURRENT US$
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About

Russia-Jamaica In 2022, Russia exported $12.6M to Jamaica. The main products that Russia exported to Jamaica are Refined Petroleum ($12.2M), Sodium or Potassium Peroxides ($227k), and Phenols ($120k). During the last 26 years the exports of Russia to Jamaica have increased at an annualized rate of 4.42%, from $4.11M in 1996 to $12.6M in 2022.

In 2020, Russia exported services to Jamaica worth $135k, with Transportation ($91k), Computer and information services ($20k), and Communications services ($19k) being the largest in terms of value.

Jamaica-Russia In 2022, Jamaica exported $99.7M to Russia. The main products that Jamaica exported to Russia were Aluminium Oxide ($99.7M) and Electricity ($84.5k). During the last 26 years the exports of Jamaica to Russia have increased at an annualized rate of 5.17%, from $26.9M in 1996 to $99.7M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). That same year, Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $12.6M to Jamaica. The main products exported from Russia to Jamaica were Refined Petroleum ($12.2M), Sodium or Potassium Peroxides ($227k), and Phenols ($120k). During the last 26 years the exports of Russia to Jamaica have increased at an annualized rate of 4.42%, from $4.11M in 1996 to $12.6M in 2022.

In 2022, Jamaica exported $99.7M to Russia. The main products exported from Jamaica to Russia were Aluminium Oxide ($99.7M) and Electricity ($84.5k). During the last 26 years the exports of Jamaica to Russia have increased at an annualized rate of 5.17%, from $26.9M in 1996 to $99.7M in 2022.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Jamaica
Top Destination
United States$1.11B

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

In 2021, countries that imported more from Russia than Jamaica were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Jamaica than Russia were Barbados ($32.2M), Cayman Islands ($26.5M), and Antigua and Barbuda ($26.1M).

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

Comparative Advantage Russia - Jamaica

Flow
Scale

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

During 2022, Russia had a large net trade with Jamaica in the exports of Mineral Products ($12.2M), Chemical Products ($363k), and Foodstuffs ($42.7k).

During 2022, Jamaica had a large net trade with Russia in the exports of Chemical Products ($99.7M) and Mineral Products ($84.5k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Jamaica worth $135k, with Transportation ($91k), Computer and information services ($20k), and Communications services ($19k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Jamaica (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Russia.

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

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