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Pricing

2022
Flag → Flag
Exports $3.89MRnk 41 / 157
2022
Flag → Flag
Top Product $1.57MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag → Flag
Exports $111MRnk 140 / 217
2022
Flag → Flag
Top Product $30.8MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 72 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH12.7%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $3.89M in 2022.

In 2017, 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 2022 to $111M in 2017.

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

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

Latest Data

Trade between Jamaica (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Jamaica
Top DestinationUnited States$1.11B
India
Top DestinationUnited States$82.9B

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

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

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

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 2022, Jamaica had a large net trade with India in the exports of Chemical Products ($1.57M), Metals ($600k), and Machines ($567k).

During 2017, India had a large net trade with Jamaica in the exports of Chemical Products ($38.3M), Transportation ($15.7M), and Metals ($13.4M).

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) (2022)

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