India and Jamaica share common interests in promotion of South-South Cooperation and synergizing efforts towards securing a better deal for the developing world
Major Indian investments in Jamaica are in BPO centres
Much of Jamaican imports from India are routed through USA, Canada and the UK
Cooperation between Scientific Research Council of Jamaica and CSIR in Food Research and Technology
Indian government had supported Jamaica in agriculture, healthcare and education
Jamaica is the third largest English-speaking country in the Western Hemisphere
US$ 0.51mn
FDI inflows into India from April 2000 to March 2021
US$ 82.40mn
bilateral trade value for 2020-2021
70,000
Overseas Indian citizens in Jamaica
Concurrent Accreditation The Mission in Jamaica also handles India's bilateral relations with Bahamas, Cayman Islands, Turks & Caicos Islands and British Virgin Islands
Well-developed infrastructure
with world-class highways, airports and seaports and a robust telecommunications infrastructure
Agriculture
Opportunities in sugar, coffee, spices, pimentos, cocoa, citrus, and coconuts
Tourism
Jamaica’s strong value proposition and global brand equity combine to make it ideal for investors
Impressive sea connectivity
– #1 transhipment port in the region
Mining
The modern era of Jamaica's mining sector began with the discovery of high grade bauxite in 1938
India's Exports and Imports to Jamaica
Source: Department of Commerce
Dated: 03/02/2023
Values in US $ Millions
Country / Region: JAMAICA
S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
---|---|---|---|---|---|---|
1. | EXPORT | 52.24 | 55.42 | 56.76 | 64.06 | 80.60 |
2. | %Growth | 6.09 | 2.41 | 12.87 | 25.82 | |
3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
5. | %Share | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
6. | IMPORT | 4.35 | 5.01 | 2.96 | 2.23 | 1.80 |
7. | %Growth | 15.06 | -40.94 | -24.67 | -19.04 | |
8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
10. | %Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11. | TOTAL TRADE | 56.59 | 60.43 | 59.71 | 66.29 | 82.40 |
12. | %Growth | 6.78 | -1.18 | 11.01 | 24.31 | |
13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
15. | %Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
16. | TRADE BALANCE | 47.89 | 50.41 | 53.80 | 61.83 | 78.79 |
17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
(+1876) 9273114/ 9274270/ 9785925
5 Earls Court, Acadia
P.O. Box 446,
Kingston-8, Jamaica(W.I)
Ethyl alcohol & oth. spirits, denatured, of any strength (220720)
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
Maize (corn), other than seed (100590)
Maize (corn), seed (100510)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)
agriexchange.apeda.gov.inCheese (excl. of 0406.10-0406.40) (040690)
agriexchange.apeda.gov.inFood preps., n.e.s. (210690)
Soups & broths & preps. therefor (210410)
Food preps., n.e.s. (210690)
Preparations for infant use, put up for RS (190110)
Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
Crustacean Preparation – Frozen, shrimps and prawns, prepared or preserved in air tight containers
Fish frozen; other than fillet, liver, roes and other fish meat
Fish preparation mackerel, prepared or preserved, whole or in pieces (but not minced)
Fish preparation, sardines, sardinella and bristling or sprats, prepared or preserved, whole or in pieces (but not minced)
Fish; dried, whether or not salted but not smoked, other than edible fish offal, other than cod (gadus morhua, gadus ogac, gadus macrocephalus)
Export: US$ 109 million
oec.worldReserve: 1.6 billion tonnes
Mining: 8.2 million tonnes (2017)
Export: 8.1 million tonnes (2017)
Production: 47,000 tonnes (2018)
statinja.gov.jmDeposits: 60-80 billion tonnes (mineable)
dobusinessjamaica.comProduction: Silica Sand – 16,000 tonnes (2018)
statinja.gov.jmHere are the leading sectors of opportunities for foreign investors
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