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

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Jamaica-Germany Trade: In 2022, Jamaica exported $6.07M to Germany. The main products that Jamaica exported to Germany were Hard Liquor ($3.55M), Refined Petroleum ($764k), and Pepper ($438k). Over the past 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 46.4%, from $137M in 2017 to $6.07M in 2022.

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

Germany-Jamaica Trade: In 2022, Germany exported $87.4M to Jamaica. The main products that Germany exported to Jamaica were Cars ($15.4M), Packaged Medicaments ($5.96M), and Vaccines, blood, antisera, toxins and cultures ($5.56M). Over the past 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.38%, from $93.7M in 2017 to $87.4M in 2022.

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

Comparison: In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $6.07M to Germany. The main products exported from Jamaica to Germany were Hard Liquor ($3.55M), Refined Petroleum ($764k), and Pepper ($438k). During the last 5 years the exports of Jamaica to Germany have decreased at an annualized rate of 46.4%, from $137M in 2017 to $6.07M in 2022.

In 2017, Germany exported $87.4M to Jamaica. The main products exported from Germany to Jamaica were Cars ($15.4M), Packaged Medicaments ($5.96M), and Vaccines, blood, antisera, toxins and cultures ($5.56M). During the last 5 years the exports of Germany to Jamaica have decreased at an annualized rate of 1.38%, from $93.7M in 2022 to $87.4M in 2017.

Exports from Jamaica () to Germany () (2022)

Exports from Germany () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Germany ()

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Germany
Top DestinationUnited States$153B

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 2022, countries that imported more from Jamaica than Germany included Barbados ($32.2M), Saint Kitts and Nevis ($12.5M), and Saint Lucia ($10.1M).

In 2022, countries that imported more from Germany than Jamaica included United States ($153B), France ($120B), and China ($109B).

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

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 2022, Jamaica had a large net trade with Germany in the exports of Foodstuffs ($3.78M), Mineral Products ($793k), and Vegetable Products ($773k).

During 2017, Germany had a large net trade with Jamaica in the exports of Transportation ($18.7M), Chemical Products ($17.6M), and Machines ($15.3M).

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 () (2022)

Exports from Germany () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Germany ()

Germany Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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