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2022
Flag → Flag
Exports $87.4MRnk 133 / 223
2022
Flag → Flag
Top Product $15.4MCars
2022
Flag → Flag
Exports $6.07MRnk 33 / 157
2022
Flag → Flag
Top Product $3.55MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Germany-Jamaica Trade: In 2022, Germany exported $87.4M to Jamaica. The main products that Germany exported to Jamaica were Cars ($15.4M), Packaged Medicaments ($5.96M), and Vaccines, blood, antisera, toxins and cultures ($5.56M). Over the past 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.38%, from $93.7M in 2017 to $87.4M in 2022.

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

Jamaica-Germany Trade: In 2022, Jamaica exported $6.07M to Germany. The main products that Jamaica exported to Germany were Hard Liquor ($3.55M), Refined Petroleum ($764k), and Pepper ($438k). Over the past 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 40.5%,  from $137M in 2017 to $6.07M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €3.48M and imported €530k from Jamaica, resulting in a positive trade balance of €2.95M. Between August 2023 and August 2024 the exports of Germany have decreased by €-1.91M (-35.5%) from €5.4M to €3.48M, while imports decreased by €-206k (-28%) from €736k to €530k.

Trade In August 2024, the top exports of Germany to Jamaica were Motor cars and motor caravans (€999k), Articles of rubber (€430k), Machinery for electricity production, distribution (€308k), Mineral oil products (€230k), and Other food of vegetable origin (€222k). In August 2024 the top imports of Germany from Jamaica were Spirits (€335k), Spices (€210k), Other end products (€120k), Coffee (€58k), and Other raw material for chemical products (€6k).

Origins In August 2024 the exports of Germany were mainly from Bavaria (€1.14M), North Rhine-Westphalia (€331k), Baden-Württemberg (€201k), Rhineland-Pfalz (€102k), and Hesse (€101k), while imports destinations were mainly Lower Saxony (€200k), Bavaria (€117k), Brandenburg (€82k), Hamburg (€45k), and Schleswig-Holstein (€32k).

Growth In August 2024, the decrease in Germany's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Pharmaceutical products (€-512k or -91.9%), Malt (€-264k or -87.7%), and Printed products (€-149k or -100%). In August 2024, the decrease in Germany's year-by-year imports  from Jamaica was explained primarily by an decrease in product imports  in Spirits (€-25k or -6.94%), Other raw material for chemical products (€-25k or -80.6%), and Other prefabricated chemicals (€-15k or -93.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-1.91M(-35.5%)
IMPORT GROWTH (August 2023 - August 2024)€-206k(-28%)
MAIN EXPORTER (August 2024)Bavaria€1.14M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Jamaica and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jamaica and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $87.4M to Jamaica. The main products exported from Germany to Jamaica were Cars ($15.4M), Packaged Medicaments ($5.96M), and Vaccines, blood, antisera, toxins and cultures ($5.56M). During the last 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.38%, from $93.7M in 2017 to $87.4M in 2022.

In 2017, Jamaica exported $6.07M to Germany. The main products exported from Jamaica to Germany were Hard Liquor ($3.55M), Refined Petroleum ($764k), and Pepper ($438k). During the last 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 40.5%, from $137M in 2022 to $6.07M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Jamaica
Top DestinationUnited States$1.11B

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 2022, countries that imported more from Germany than Jamaica included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Jamaica than Germany included Barbados ($32.2M), Saint Kitts and Nevis ($12.5M), and Saint Lucia ($10.1M).

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

Comparative Advantage Germany - Jamaica

Flow
Scale

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

During 2022, Germany had a large net trade with Jamaica in the exports of Transportation ($18.7M), Chemical Products ($17.6M), and Machines ($15.3M).

During 2017, Jamaica had a large net trade with Germany in the exports of Foodstuffs ($3.78M), Mineral Products ($793k), and Vegetable Products ($773k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Jamaica+$15.1MCars
Top Product Potential Jamaica Germany+$3.44MHard Liquor

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Jamaica. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Germany.

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

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