2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Nicaragua-Jamaica In 2022, Nicaragua exported $2.57M to Jamaica. The main products that Nicaragua exported to Jamaica are Tractors ($904k), Soap ($736k), and Non-fillet Frozen Fish ($362k). During the last 27 years the exports of Nicaragua to Jamaica have increased at an annualized rate of 4.45%, from $795k in 1995 to $2.57M in 2022.

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

Jamaica-Nicaragua In 2022, Jamaica exported $456k to Nicaragua. The main products that Jamaica exported to Nicaragua were Scrap Plastic ($368k), Coffee ($83.7k), and Paper Labels ($3.47k). During the last 27 years the exports of Jamaica to Nicaragua have increased at an annualized rate of 9.49%, from $39.5k in 1995 to $456k in 2022.

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

Comparison In 2022,  Nicaragua ranked 107 in the Economic Complexity Index (ECI -1.03),  and 111 in total exports ($7.92B). 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, Nicaragua exported $2.57M to Jamaica. The main products exported from Nicaragua to Jamaica were Tractors ($904k), Soap ($736k), and Non-fillet Frozen Fish ($362k). During the last 27 years the exports of Nicaragua to Jamaica have increased at an annualized rate of 4.45%, from $795k in 1995 to $2.57M in 2022.

In 2022, Jamaica exported $456k to Nicaragua. The main products exported from Jamaica to Nicaragua were Scrap Plastic ($368k), Coffee ($83.7k), and Paper Labels ($3.47k). During the last 27 years the exports of Jamaica to Nicaragua have increased at an annualized rate of 9.49%, from $39.5k in 1995 to $456k in 2022.

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

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

Latest Data

Trade between Nicaragua (Flag) and Jamaica (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B
Jamaica
Top Destination
United States$1.11B

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

In 2021, countries that imported more from Nicaragua than Jamaica were United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2021, countries that imported more from Jamaica than Nicaragua were Russia ($99.7M), Iceland ($39.5M), and Latvia ($33.3M).

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

Comparative Advantage Nicaragua - Jamaica

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Jamaica in the exports of Transportation ($904k), Chemical Products ($736k), and Foodstuffs ($562k).

During 2022, Jamaica had a large net trade with Nicaragua in the exports of Plastics and Rubbers ($368k), Vegetable Products ($83.7k), and Paper Goods ($3.47k).

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 Nicaragua has comparative advantage over Jamaica. Similarly, the more yellow a dot/product is, the more Jamaica has comparative advantage over Nicaragua.

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

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