Flag Spain / Jamaica Flag

2019
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Exports
: $92.5M, Rnk 107 / 219

2019
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Top Product
: $7.27M, Unglazed Ceramics

2019
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Exports
: $1.39M, Rnk 56 / 141

2019
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Top Product
: $448k, Scrap Iron

2019
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Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
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Economic Complexity (ECI)
: ECI -0.25, Rnk 83 / 146

2019
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GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
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 GDP
: $16.5B, CURRENT US$
Rnk 119 / 187

2009-2019
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GDP GROWTH
: 35.8%, CURRENT US$
Rnk 116 / 187

2019
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GDP PC 
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
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GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

2019
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GDP PC 
: $5,582, CURRENT US$
Rnk 101 / 187

2009-2019
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GDP PC GROWTH
: 28.8%, CURRENT US$
Rnk 94 / 187

Spain-Jamaica: In 2019, Spain exported $92.5M to Jamaica. The main products that Spain exported to Jamaica are Unglazed Ceramics ($7.27M), Other Furniture ($6.14M), and Other Agricultural Machinery ($3.62M). During the last 24 years the exports of Spain to Jamaica have increased at an annualized rate of 3.53%, from $40.3M in 1995 to $92.5M in 2019.

In 2019, Spain did not exported services to Jamaica.

Jamaica-Spain: In 2019, Jamaica exported $1.39M to Spain . The main products that Jamaica exported to Spain were Scrap Iron ($448k), Scrap Copper ($208k), and Liquid Pumps ($91.6k). During the last 24 years the exports of Jamaica to Spain have decreased at an annualized rate of 4.61%, from $4.31M in 1995 to $1.39M in 2019.

In 2019, Jamaica did not exported services to Spain.

Comparison: In 2019,  Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B). That same year, Jamaica ranked 83 in the Economic Complexity Index (ECI -0.25), and 140 in total exports ($1.85B).

Bilateral Trade by Products

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Depth
Value

In 2019, Spain exported $92.5M to Jamaica. The main products exported from Spain to Jamaica were Unglazed Ceramics ($7.27M), Other Furniture ($6.14M), and Other Agricultural Machinery ($3.62M). During the last 24 years the exports of Spain to Jamaica have increased at an annualized rate of 3.53%, from $40.3M in 1995 to $92.5M in 2019.

In 2019, Jamaica exported $1.39M to Spain. The main products exported from Jamaica to Spain were Scrap Iron ($448k), Scrap Copper ($208k), and Liquid Pumps ($91.6k). During the last 24 years the exports of Jamaica to Spain have decreased at an annualized rate of 4.61%, from $4.31M in 1995 to $1.39M in 2019.

Market Competitiveness

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Measure

Spain
Top Destination
: France, $47.4B

Jamaica
Top Destination
: United States, $594M

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

In 2019, countries that imported more from Spain than Jamaica were France ($47.4B), Germany ($34.9B), and Portugal ($25.8B).

In 2019, countries that imported more from Jamaica than Spain were Cayman Islands ($15.2M), Saint Lucia ($10.3M), and Barbados ($15.5M).

Comparative Advantage Spain - Jamaica

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Depth

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

During 2019, Spain had a large net trade with Jamaica in the exports of Machines ($35.5M), Stone And Glass ($11.5M), and Metals ($11.2M).

During 2019, Jamaica had a large net trade with Spain in the exports of Metals ($696k), Machines ($356k), and Vegetable Products ($149k).

Tariff Section

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

In 2017, the products from Spain 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 Spain 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%).

Explore Tariff Data

*The tariffs present between Spain 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

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 Spain has comparative advantage over Jamaica. Similarly, the more red a dot/product is, the more Jamaica has comparative advantage over Spain.