Jamaica (JAM) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Jamaica-Germany Trade: In 2023, Jamaica exported $12.3M to Germany. The main products that Jamaica exported to Germany were Refined Petroleum ($5.48M), Hard Liquor ($4.94M), and Coffee ($514k). Over the past 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 38.1%, from $136M in 2018 to $12.3M in 2023.

In 2023, Jamaica did not export any services to Germany.

Germany-Jamaica Trade: In 2023, Germany exported $120M to Jamaica. The main products that Germany exported to Jamaica were Cars ($28.2M), Packaged Medicaments ($15.3M), and Special Purpose Ships ($10.2M). Over the past 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.66%, from $130M in 2018 to $120M in 2023.

In 2023, Germany did not export any services to Jamaica.

Comparison: In 2023, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $12.3M to Germany. The main products exported from Jamaica to Germany were Refined Petroleum ($5.48M), Hard Liquor ($4.94M), and Coffee ($514k). During the last 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 38.1%, from $136M in 2018 to $12.3M in 2023.

In 2018, Germany exported $120M to Jamaica. The main products exported from Germany to Jamaica were Cars ($28.2M), Packaged Medicaments ($15.3M), and Special Purpose Ships ($10.2M). During the last 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.66%, from $130M in 2023 to $120M in 2018.

Exports from Jamaica () to Germany () (2023)

Exports from Germany () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Germany ()

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Germany
Top DestinationUnited States$157B

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

In 2023, countries that imported more from Jamaica than Germany included Guyana ($80.7M), Barbados ($46.1M), and Dominica ($8.5M).

In 2023, countries that imported more from Germany than Jamaica included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany () and Jamaica () (2023)

Comparative Advantage Jamaica - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jamaica had a large net trade with Germany in the exports of Mineral Products ($5.51M), Foodstuffs ($4.98M), and Vegetable Products ($1.28M).

During 2018, Germany had a large net trade with Jamaica in the exports of Transportation ($41.8M), Machines ($27.2M), and Chemical Products ($20.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Germany+$3.44MHard Liquor

Top Product Potential Germany Jamaica+$15.1MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Germany () (2023)

Exports from Germany () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Germany ()

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Jamaica () (2023)

Comparative Advantage Jamaica - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Germany () (2023)

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