Mexico (MEX) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

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Mexico-Cayman Islands Trade: In 2022, Mexico exported $40k to Cayman Islands. The main products that Mexico exported to Cayman Islands were Cleaning Products ($40k). Over the past 5 years the exports of Mexico to Cayman Islands have decreased at an annualized rate of 21.6%, from $135k in 2017 to $40k in 2022.

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

Cayman Islands-Mexico Trade: In 2022, Cayman Islands exported $43.6k to Mexico. The main products that Cayman Islands exported to Mexico were N/A. Over the past 5 years the exports of Cayman Islands to Mexico have decreased at an annualized rate of 44.2%, from $803k in 2017 to $43.6k in 2022.

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

Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $40k to Cayman Islands. The main products exported from Mexico to Cayman Islands were Cleaning Products ($40k). During the last 5 years the exports of Mexico to Cayman Islands have decreased at an annualized rate of 21.6%, from $135k in 2017 to $40k in 2022.

In 2008, Cayman Islands exported $43.6k to Mexico. There were not main exports from Cayman Islands to Mexico in 2008. During the last 5 years the exports of Cayman Islands to Mexico have decreased at an annualized rate of 44.2%, from $803k in 2013 to $43.6k in 2008.

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

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

Latest Data

Trade between Mexico () and Cayman Islands ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Mexico than Cayman Islands included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

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

Comparative Advantage Mexico - Cayman Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Cayman Islands in the exports of Chemical Products ($40k).

During 2008, Cayman Islands had a large net trade with Mexico in the exports of .

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Mexico () and Cayman Islands ()

Mexico Exports

Market Competitiveness

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

Comparative Advantage Mexico - Cayman Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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