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2023
Flag → Flag
Exports $7.23MRnk 34 / 150
2023
Flag → Flag
Top Product $4.85MIndustrial Fatty Acids, Oils and Alcohols
2023
Flag → Flag
Exports $109MRnk 139 / 220
2023
Flag → Flag
Top Product $32MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $6,840CURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Jamaica-India Trade: In 2023, Jamaica exported $7.23M to India. The main products that Jamaica exported to India were Industrial Fatty Acids, Oils and Alcohols ($4.85M), Recovered Paper ($658k), and Scrap Aluminium ($415k). Over the past 5 years the exports of Jamaica to India have increased at an annualized rate of 11.1%, from $4.27M in 2018 to $7.23M in 2023.

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

India-Jamaica Trade: In 2023, India exported $109M to Jamaica. The main products that India exported to Jamaica were Packaged Medicaments ($32M), Cars ($19M), and Processed Crustaceans ($9.53M). Over the past 5 years the exports of India to Jamaica have increased at an annualized rate of 10.6%,  from $66.2M in 2018 to $109M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Jamaica exported $7.23M to India. The main products exported from Jamaica to India were Industrial Fatty Acids, Oils and Alcohols ($4.85M), Recovered Paper ($658k), and Scrap Aluminium ($415k). During the last 5 years the exports of Jamaica to India have increased at an annualized rate of 11.1%, from $4.27M in 2018 to $7.23M in 2023.

In 2018, India exported $109M to Jamaica. The main products exported from India to Jamaica were Packaged Medicaments ($32M), Cars ($19M), and Processed Crustaceans ($9.53M). During the last 5 years the exports of India to Jamaica have increased at an annualized rate of 10.6%, from $66.2M in 2023 to $109M in 2018.

Exports from Jamaica (Flag) to India (Flag) (2023)

Exports from India (Flag) to Jamaica (Flag) (2023)

Latest Data

Trade between Jamaica (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$709M
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Jamaica than India included Iceland ($127M), Barbados ($46.1M), and Cayman Islands ($36.4M).

In 2023, countries that imported more from India than Jamaica included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Jamaica (Flag) (2023)

Comparative Advantage Jamaica - India

Flow
Scale

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

During 2023, Jamaica had a large net trade with India in the exports of Chemical Products ($5.01M), Metals ($1.12M), and Paper Goods ($659k).

During 2018, India had a large net trade with Jamaica in the exports of Chemical Products ($37.5M), Transportation ($20M), and Foodstuffs ($12.3M).

Potential Exports

Potential Exports

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

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

Product Space of Jamaica (Flag) and India (Flag) (2023)

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