Cayman Islands (CYM) and China (CHN) Trade | The Observatory of Economic Complexity

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Cayman Islands-China Trade: In 2022, Cayman Islands exported $8.59k to China. The main products that Cayman Islands exported to China were Medical Instruments ($5.25k), Air Pumps ($2k), and Valves ($700). Over the past 5 years the exports of Cayman Islands to China have increased at an annualized rate of 21.6%, from $3.23k in 2017 to $8.59k in 2022.

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

China-Cayman Islands Trade: In 2022, China exported $54.8M to Cayman Islands. The main products that China exported to Cayman Islands were Refined Petroleum ($11.1M), Iron Structures ($7.85M), and Additive manufacturing machines ($4.67M). Over the past 5 years the exports of China to Cayman Islands have decreased at an annualized rate of 26.6%, from $257M in 2017 to $54.8M in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $8.59k to China. The main products exported from Cayman Islands to China were Medical Instruments ($5.25k), Air Pumps ($2k), and Valves ($700). During the last 5 years the exports of Cayman Islands to China have increased at an annualized rate of 21.6%, from $3.23k in 2017 to $8.59k in 2022.

In 2017, China exported $54.8M to Cayman Islands. The main products exported from China to Cayman Islands were Refined Petroleum ($11.1M), Iron Structures ($7.85M), and Additive manufacturing machines ($4.67M). During the last 5 years the exports of China to Cayman Islands have decreased at an annualized rate of 26.6%, from $257M in 2022 to $54.8M in 2017.

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

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

Latest Data

Trade between Cayman Islands () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

China
Top DestinationUnited States$551B

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

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

In 2022, countries that imported more from China than Cayman Islands included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Cayman Islands - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with China in the exports of Instruments ($5.25k), Machines ($3.09k), and Transportation ($191).

During 2017, China had a large net trade with Cayman Islands in the exports of Metals ($14.5M), Mineral Products ($11.1M), and Machines ($10.9M).

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 China. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Cayman Islands.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Cayman Islands () and China ()

China Exports

Market Competitiveness

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

Comparative Advantage Cayman Islands - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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