Cayman Islands (CYM) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Cayman Islands-Colombia Trade: In 2022, Cayman Islands exported $1.8M to Colombia. The main products that Cayman Islands exported to Colombia were Scrap Iron ($1.8M) and Knit T-shirts ($3.06k). Over the past 7 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 238%, from $360 in 2015 to $1.8M in 2022.

In 2022, Cayman Islands did not export any services to Colombia.

Colombia-Cayman Islands Trade: In 2022, Colombia exported $8.9M to Cayman Islands. The main products that Colombia exported to Cayman Islands were Aluminium Structures ($7.85M), Sand ($514k), and Electric Batteries ($118k). Over the past 7 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 46.8%, from $606k in 2015 to $8.9M in 2022.

In 2022, Colombia did not export any services to Cayman Islands.

Comparison In 2022, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $1.8M to Colombia. The main products exported from Cayman Islands to Colombia were Scrap Iron ($1.8M) and Knit T-shirts ($3.06k). During the last 7 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 238%, from $360 in 2015 to $1.8M in 2022.

In 2017, Colombia exported $8.9M to Cayman Islands. The main products exported from Colombia to Cayman Islands were Aluminium Structures ($7.85M), Sand ($514k), and Electric Batteries ($118k). During the last 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 46.8%, from $606k in 2022 to $8.9M in 2017.

Exports from Cayman Islands () to Colombia () (2022)

Exports from Colombia () to Cayman Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Cayman Islands than Colombia included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Colombia than Cayman Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cayman Islands and Colombia by product, considering products traded by both, Cayman Islands and Colombia.

During 2022, Cayman Islands had a large net trade with Colombia in the exports of Metals ($1.8M) and Textiles ($3.06k).

During 2017, Colombia had a large net trade with Cayman Islands in the exports of Metals ($7.88M), Mineral Products ($516k), and Machines ($120k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and Colombia. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Cayman Islands.

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Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Colombia () (2022)

Exports from Colombia () to Cayman Islands () (2022)

Market Competitiveness

Difference in imports from Colombia () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Colombia () (2022)

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