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Pricing

2022
Flag → Flag
Exports $72.6MRnk 119 / 218
2022
Flag → Flag
Top Product $8.35MUnglazed Ceramics
2022
Flag → Flag
Exports $3.73MRnk 43 / 157
2022
Flag → Flag
Top Product $2.6MCrustaceans
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

Spain-Jamaica Trade: In 2022, Spain exported $72.6M to Jamaica. The main products that Spain exported to Jamaica were Unglazed Ceramics ($8.35M), Other Furniture ($5.56M), and Non-fillet Frozen Fish ($4.13M). Over the past 5 years the exports of Spain to Jamaica have increased at an annualized rate of 3.23%, from $61.9M in 2017 to $72.6M in 2022.

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

Jamaica-Spain Trade: In 2022, Jamaica exported $3.73M to Spain. The main products that Jamaica exported to Spain were Crustaceans ($2.6M), Hard Liquor ($431k), and Other Nuts ($320k). Over the past 5 years the exports of Jamaica to Spain have increased at an annualized rate of 31.6%,  from $943k in 2017 to $3.73M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €10.1M and imported €100k from Jamaica, resulting in a positive trade balance of €10M. Between September 2023 and September 2024 the exports of Spain have decreased by €-590k (-5.5%) from €10.7M to €10.1M, while imports increased by €11.7k (13.2%) from €88.7k to €100k.

Trade In September 2024, the top exports of Spain to Jamaica were Unglazed Ceramics (€865k), Insulated Wire (€810k), Prefabricated Buildings (€663k), Liquid Pumps (€453k), and House Linens (€341k). In September 2024 the top imports of Spain from Jamaica were Other Nuts (€230k), Scrap Iron (€21.3k), Coffee (€16.5k), Blank Audio Media (€382), and Hard Liquor (€342).

Origins In September 2024 the exports of Spain were mainly from Baleares (€5.16M), Murcia (€1.53M), Castellón (€936k), Valencia (€707k), and Barcelona (€639k), while imports destinations were mainly Cádiz (€57.2k), Barcelona (€20.9k), Madrid (€12.4k), and Valencia (€6.13k).

Growth In September 2024, the decrease in Spain's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Perfumes (€-119k or -31.7%), Other Furniture (€-26.1k or -49.4%), and Iron Structures (€-21.2k or -97.4%). In September 2024, the increase in Spain's year-by-year imports  from Jamaica was explained primarily by an increase in product imports  in Other Nuts (€216k or 1.61k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€-590k(-5.5%)
IMPORT GROWTH (September 2023 - September 2024)€11.7k(13.2%)
MAIN EXPORTER (September 2024)Baleares€5.16M

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

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

For full datasets download visit Bulk Download page.

Explore Jamaica and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $72.6M to Jamaica. The main products exported from Spain to Jamaica were Unglazed Ceramics ($8.35M), Other Furniture ($5.56M), and Non-fillet Frozen Fish ($4.13M). During the last 5 years the exports of Spain to Jamaica have increased at an annualized rate of 3.23%, from $61.9M in 2017 to $72.6M in 2022.

In 2017, Jamaica exported $3.73M to Spain. The main products exported from Jamaica to Spain were Crustaceans ($2.6M), Hard Liquor ($431k), and Other Nuts ($320k). During the last 5 years the exports of Jamaica to Spain have increased at an annualized rate of 31.6%, from $943k in 2022 to $3.73M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Jamaica
Top DestinationUnited States$1.11B

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 2022, countries that imported more from Spain than Jamaica included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Jamaica than Spain included Guyana ($26.6M), Barbados ($32.2M), and Saint Kitts and Nevis ($12.5M).

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

Comparative Advantage Spain - Jamaica

Flow
Scale

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

During 2022, Spain had a large net trade with Jamaica in the exports of Machines ($14.6M), Stone And Glass ($12.1M), and Miscellaneous ($10.6M).

During 2017, Jamaica had a large net trade with Spain in the exports of Animal Products ($2.6M), Foodstuffs ($432k), and Vegetable Products ($348k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Jamaica+$1.89MPackaged Medicaments
Top Product Potential Jamaica Spain+$802kHard 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 Spain and Jamaica. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Spain.

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

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