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2022
Flag → Flag
Exports $111MRnk 140 / 217
2022
Flag → Flag
Top Product $30.8MPackaged Medicaments
2022
Flag → Flag
Exports $3.89MRnk 41 / 157
2022
Flag → Flag
Top Product $1.57MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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 $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186

About

India-Jamaica Trade: In 2022, India exported $111M to Jamaica. The main products that India exported to Jamaica were Packaged Medicaments ($30.8M), Cars ($14.5M), and Crustaceans ($8.27M). Over the past 5 years the exports of India to Jamaica have increased at an annualized rate of 10.8%, from $66.2M in 2017 to $111M in 2022.

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

Jamaica-India Trade: 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). Over the past 5 years the exports of Jamaica to India have decreased at an annualized rate of 7.53%,  from $5.75M in 2017 to $3.89M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Latest Trends

July, 2024

About

Overview In July 2024, India exported $8.22M and imported $811k from Jamaica, resulting in a positive trade balance of $7.41M. Between July 2023 and July 2024 the exports of India have decreased by $-2.92M (-26.2%) from $11.1M to $8.22M, while imports increased by $126k (18.5%) from $684k to $811k.

Trade In July 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 July 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 July 2024, the decrease in India's year-by-year exports to Jamaica was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-1.77M or -56.1%), Iron And Steel ($-383k or -93.9%), and Paper, Paper Board And Product ($-104k or -99.9%). In July 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

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$-2.92M(-26.2%)
IMPORT GROWTH (July 2023 - July 2024)$126k(18.5%)

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.

For full datasets download visit Bulk Download page.

Explore Jamaica and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of India to Jamaica have increased at an annualized rate of 10.8%, from $66.2M in 2017 to $111M in 2022.

In 2017, 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 5 years the exports of Jamaica to India have decreased at an annualized rate of 7.53%, from $5.75M in 2022 to $3.89M in 2017.

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

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

Market Competitiveness

Color
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 2022, countries that imported more from India than Jamaica included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Jamaica than India included Antigua and Barbuda ($26.1M), Cayman Islands ($26.5M), and Barbados ($32.2M).

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

Comparative Advantage India - Jamaica

Flow
Scale

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 2017, Jamaica had a large net trade with India in the exports of Chemical Products ($1.57M), Metals ($600k), and Machines ($567k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Jamaica+$9.08MPackaged Medicaments
Top Product Potential Jamaica India+$830kScrap Aluminium

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 India and Jamaica. This means that a dot/product with the flag of India indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over India.

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

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