Israel-Jamaica Bilateral Trade Analysis 2023
Complete trade statistics: $13.38M total volume •Israel deficit: $13.38M
Israel → Jamaica
$0
Exports (2023)
Jamaica → Israel
$13.38M
Imports (2023)
Trade Balance
$13.38M
Deficit for Israel
Total Trade
$13.38M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Israel and Jamaica. Green line shows exports from Israel, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Israel-Jamaica commercial relationship and competitive positioning in global markets.
Israel → Jamaica Exports
Export Market Intelligence
🎯 Strategic Export Focus
Israel's export portfolio to Jamaica demonstrates strategic specialization, with plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride representing a key competitive advantage in this bilateral market.
Jamaica → Israel Imports
Import Dependency Profile
📦 Import Strategy Analysis
Israel's import pattern from Jamaica reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Israel demonstrates competitive strength in exportingplastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride to Jamaica, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $13.38M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Israel-Jamaica Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $13.38 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Israel maintains a deficit of $13.38 million
- Export Focus: Israel's primary exports include plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride, paints and varnishes: based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium, machinery, plant and laboratory equipment: parts of equipment for treating materials by a process involving a change of temperature
- Import Dependencies: Key imports from Jamaica include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, rum and other spirits obtained by distilling fermented sugar-cane products, spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $13.38M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Israel leveraging its comparative advantages in plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Israel's specialization in plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloridecomplements Jamaica's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $13.38M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $13.38M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $13.38 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Israel's trade deficit of $13.38 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Israel and Jamaica represents a total trade volume of $13.38 million in 2023. This partnership demonstrates an unfavorable trade balance for Israel, with imports exceeding exportsby $13.38 million.
Export Strengths
Israel's exports to Jamaica total $0.00, with competitive advantages in plastics: tubes, pipes and hoses thereof, rigid, of polymers of vinyl chloride, representing $1.94M orInfinity% of bilateral exports.
Import Dependencies
Imports from Jamaica amount to $13.38 million, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising96.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Israel's strategic sourcing from Jamaica. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Israel and Jamaica in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023