Jamaica-Netherlands Bilateral Trade Analysis 2023
Complete trade statistics: $138.48M total volume •Jamaica deficit: $39.61M
Jamaica → Netherlands
$49.44M
Exports (2023)
Netherlands → Jamaica
$89.05M
Imports (2023)
Trade Balance
$39.61M
Deficit for Jamaica
Total Trade
$138.48M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Jamaica and Netherlands. Green line shows exports from Jamaica, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Jamaica-Netherlands commercial relationship and competitive positioning in global markets.
Jamaica → Netherlands Exports
Export Market Intelligence
🎯 Strategic Export Focus
Jamaica's export portfolio to Netherlands demonstrates strategic specialization, with aluminium oxide: other than artificial corundum representing a key competitive advantage in this bilateral market.
Netherlands → Jamaica Imports
Import Dependency Profile
📦 Import Strategy Analysis
Jamaica's import pattern from Netherlands reveals strategic sourcingin food preparations: n.e.c. in item no. 2106.10, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Jamaica demonstrates competitive strength in exportingaluminium oxide: other than artificial corundum to Netherlands, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $138.48M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Jamaica-Netherlands Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $138.48 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Jamaica maintains a deficit of $39.61 million
- Export Focus: Jamaica's primary exports include aluminium oxide: other than artificial corundum, rum and other spirits obtained by distilling fermented sugar-cane products, spices: fruits of the genus capsicum or pimenta, dried, neither crushed nor ground
- Import Dependencies: Key imports from Netherlands include food preparations: n.e.c. in item no. 2106.10, vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen, tin: articles n.e.c. in chapter 80
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 $138.48M 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 Jamaica leveraging its comparative advantages in aluminium oxide: other than artificial corundum.
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
Jamaica's specialization in aluminium oxide: other than artificial corundumcomplements Netherlands's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in food preparations: n.e.c. in item no. 2106.10.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $138.48M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $138.48M 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 $138.48 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in aluminium oxide: other than artificial corundum and food preparations: n.e.c. in item no. 2106.10 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Jamaica's trade deficit of $39.61 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 Jamaica and Netherlands represents a total trade volume of $138.48 million in 2023. This partnership demonstrates an unfavorable trade balance for Jamaica, with imports exceeding exportsby $39.61 million.
Export Strengths
Jamaica's exports to Netherlands total $49.44 million, with competitive advantages in aluminium oxide: other than artificial corundum, representing $43.51M or88.0% of bilateral exports.
Import Dependencies
Imports from Netherlands amount to $89.05 million, highlighting economic interdependence in food preparations: n.e.c. in item no. 2106.10, with Food preparations: n.e.c. in item no. 2106.10 comprising25.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Jamaica's strategic sourcing from Netherlands. 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 Jamaica and Netherlands in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023