Flag Germany / Jamaica Flag

Exports Flag β†’ Flag  (2018): $118M, Rnk 124 / 216

Top Product Flag β†’ Flag (2018): $13.6M, Cars

Exports Flag β†’ Flag (2018): $125M, Rnk 3 / 98

Top Product Flag β†’ Flag (2018): $100M, Aluminium Oxide

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI -0.25, Rnk 79 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $15.7B, CURRENT US$
Rnk 121 / 196

GDP GROWTH Flag (2008-2018): 14.9%, CURRENT US$
Rnk 135 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $5,354, CURRENT US$
Rnk 107 / 196

GDP PC GROWTH Flag (2008-2018): 8.88%, CURRENT US$
Rnk 126 / 196

Germany-Jamaica: In 2018, Germany exported $118M to Jamaica. The main products exported from Germany to Jamaica were Cars ($13.6M), Passenger and Cargo Ships ($10.5M), and Iron Sheet Piling ($8.25M). During the last 23 years the exports of Germany to Jamaica have increased at an annualized rate of 7.24%, from $23.6M in 1995 to $118M in 2018.

Jamaica-Germany: In 2018, Jamaica exported $125M to Germany. The main products exported from Jamaica to Germany were Aluminium Oxide ($100M), Hard Liquor ($23M), and Coffee ($907k). During the last 23 years the exports of Jamaica to Germany have increased at an annualized rate of 3.73%, from $54M in 1995 to $125M in 2018.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Jamaica ranked 79 in the Economic Complexity Index (ECI -0.25), and 143 in total exports ($1.25B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and Jamaica was ranked 107 with a GDP Per Capita of $5,354.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $118M to Jamaica. The main products exported from Germany to Jamaica were Cars ($13.6M), Passenger and Cargo Ships ($10.5M), and Iron Sheet Piling ($8.25M). During the last 23 years the exports of Germany to Jamaica have increased at an annualized rate of 7.24%, from $23.6M in 1995 to $118M in 2018.

In 2018, Jamaica exported $125M to Germany. The main products exported from Jamaica to Germany were Aluminium Oxide ($100M), Hard Liquor ($23M), and Coffee ($907k). During the last 23 years the exports of Jamaica to Germany have increased at an annualized rate of 3.73%, from $54M in 1995 to $125M in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Jamaica
Top Destination
: United States, $336M

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

In 2018, countries that imported more from Germany than Jamaica were United States ($132B), France ($121B), and China ($109B).

In 2018, no countries were registered that imported more from Jamaica than from Germany.

Comparative Advantage Germany - Jamaica

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Depth

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

During 2018, Germany had a large net trade with Jamaica in the exports of Machines ($36.5M), Transportation ($27.4M), and Metals ($12.4M).

During 2018, Jamaica had a large net trade with Germany in the exports of Chemical Products ($100M), Foodstuffs ($23.1M), and Vegetable Products ($1.64M).

Tariff Section

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This sections shows import tariffs for products traded between Germany and Jamaica (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Jamaica were Grape wines, alcoholic grape must nes (15.2%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (5.08%).

In 2016, the products from Jamaica that paid the highest import tariffs to enter Germany were Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (100%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, frozen (100%).

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*The tariffs present between Germany and Jamaica are:
109: Caribbean Forum (CARIFORUM) - European Union Economic Partnership Agreements (EPA)
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Germany and Jamaica. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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