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2022
Flag → Flag
Exports $40.2MRnk 5 / 92
2022
Flag → Flag
Top Product $25.3MRecreational Boats
2022
Flag → Flag
Exports $1.04BRnk 80 / 219
2022
Flag → Flag
Top Product $309MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Cayman Islands-United States Trade: In 2022, Cayman Islands exported $40.2M to United States. The main products that Cayman Islands exported to United States were Recreational Boats ($25.3M), Broadcasting Equipment ($7.45M), and Scrap Iron ($2.12M). Over the past 5 years the exports of Cayman Islands to United States have increased at an annualized rate of 20.5%, from $15.8M in 2017 to $40.2M in 2022.

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

United States-Cayman Islands Trade: In 2022, United States exported $1.04B to Cayman Islands. The main products that United States exported to Cayman Islands were Refined Petroleum ($309M), Gold ($49.8M), and Cars ($24.8M). Over the past 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 9.61%,  from $657M in 2017 to $1.04B in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $40.2M to United States. The main products exported from Cayman Islands to United States were Recreational Boats ($25.3M), Broadcasting Equipment ($7.45M), and Scrap Iron ($2.12M). During the last 5 years the exports of Cayman Islands to United States have increased at an annualized rate of 20.5%, from $15.8M in 2017 to $40.2M in 2022.

In 2017, United States exported $1.04B to Cayman Islands. The main products exported from United States to Cayman Islands were Refined Petroleum ($309M), Gold ($49.8M), and Cars ($24.8M). During the last 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 9.61%, from $657M in 2022 to $1.04B in 2017.

Exports from Cayman Islands (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Cayman Islands than United States included Seychelles ($121M).

In 2022, countries that imported more from United States than Cayman Islands included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - United States

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with United States in the exports of Transportation ($25.4M), Machines ($8.37M), and Metals ($3.89M).

During 2017, United States had a large net trade with Cayman Islands in the exports of Mineral Products ($320M), Machines ($137M), and Precious Metals ($87.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and United States (Flag) (2022)

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