India (IND) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

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India-Jamaica In 2022, India exported $111M to Jamaica. The main products that India exported to Jamaica are Packaged Medicaments ($30.8M), Cars ($14.5M), and Crustaceans ($8.27M). During the last 27 years the exports of India to Jamaica have increased at an annualized rate of 20.7%, from $683k in 1995 to $111M in 2022.

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

Jamaica-India In 2022, Jamaica exported $3.89M to India. The main products that Jamaica exported to India were Industrial Fatty Acids, Oils and Alcohols ($1.57M), Jewellery ($539k), and Scrap Aluminium ($529k). During the last 27 years the exports of Jamaica to India have increased at an annualized rate of 33.8%, from $1.51k in 1995 to $3.89M in 2022.

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

Comparison In 2022, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Jamaica ranked 145 in total exports ($1.95B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

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Overview In January 2024, India exported $7.24M and imported $804k from Jamaica, resulting in a positive trade balance of $6.44M. Between January 2023 and January 2024 the exports of India have increased by $466k (6.88%) from $6.77M to $7.24M, while imports increased by $476k (145%) from $328k to $804k.

Trade In January 2024, the top exports of India to Jamaica were Motor Vehicle/Cars ($2.15M), Drug Formulations, Biologicals ($1.39M), Marine Products ($931k), Rmg Cotton Incl Accessories ($406k), and Ceramics And Allied Products ($185k). In January 2024 the top imports of India from Jamaica were Other Commodities ($234k), Paper, Paper Board And Product ($38.4k), Aluminium, Products Of Aluminm ($34.2k), Ayush And Herbal Products ($17.9k), and Iron And Steel ($4.04k).

Growth In January 2024, the increase in India's year-by-year exports to Jamaica was explained primarily by an increase in product exports in Motor Vehicle/Cars ($1.23M or 133%), Marine Products ($131k or 16.4%), and Ceramics And Allied Products ($89.9k or 94.3%). In January 2024, the increase in India's year-by-year imports from Jamaica was explained primarily by an increase in product imports in Paper, Paper Board And Product ($24.5k or 176%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$466k(6.88%)

IMPORT GROWTH (January 2023 - January 2024)$476k(145%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $111M to Jamaica. The main products exported from India to Jamaica were Packaged Medicaments ($30.8M), Cars ($14.5M), and Crustaceans ($8.27M). During the last 27 years the exports of India to Jamaica have increased at an annualized rate of 20.7%, from $683k in 1995 to $111M in 2022.

In 2022, Jamaica exported $3.89M to India. The main products exported from Jamaica to India were Industrial Fatty Acids, Oils and Alcohols ($1.57M), Jewellery ($539k), and Scrap Aluminium ($529k). During the last 27 years the exports of Jamaica to India have increased at an annualized rate of 33.8%, from $1.51k in 1995 to $3.89M in 2022.

Exports from India () to Jamaica () (2022)

Exports from Jamaica () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Jamaica
Top DestinationUnited States$1.11B

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

In 2021, countries that imported more from India than Jamaica were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Jamaica than India were Antigua and Barbuda ($26.1M), Cayman Islands ($26.5M), and Barbados ($32.2M).

Difference in imports from Jamaica () and India () (2022)

Comparative Advantage India - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Jamaica in the exports of Chemical Products ($38.3M), Transportation ($15.7M), and Metals ($13.4M).

During 2022, Jamaica had a large net trade with India in the exports of Chemical Products ($1.57M), Metals ($600k), and Machines ($567k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from India () to Jamaica () (2022)

Exports from Jamaica () to India () (2022)

Market Competitiveness

Difference in imports from Jamaica () and India () (2022)

Comparative Advantage India - Jamaica

Economic Complexity

Competitive Landscape

Product Space of India () and Jamaica () (2022)

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