2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC 
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Uruguay-Cayman Islands Trade: In 2021, Uruguay exported $101k to Cayman Islands. The main products that Uruguay exported to Cayman Islands were N/A. Over the past 14 years the exports of Uruguay to Cayman Islands have increased at an annualized rate of 20.1%, from $7.73k in 2007 to $101k in 2021.

In 2021, Uruguay did not export any services to Cayman Islands.

Cayman Islands-Uruguay Trade: In 2021, Cayman Islands exported $202 to Uruguay. The main products that Cayman Islands exported to Uruguay were Knitted Hats ($202). Over the past 14 years the exports of Cayman Islands to Uruguay have decreased at an annualized rate of 66.2%,  from $46k in 2007 to $202 in 2021.

In 2021, Cayman Islands did not export any services to Uruguay.

Comparison In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15),  and 98 in total exports ($12B). 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
Value

In 2021, Uruguay exported $101k to Cayman Islands. There were not main exports from Uruguay to Cayman Islands in 2021. During the last 14 years the exports of Uruguay to Cayman Islands have increased at an annualized rate of 20.1%, from $7.73k in 2007 to $101k in 2021.

In 2017, Cayman Islands exported $202 to Uruguay. The main products exported from Cayman Islands to Uruguay were Knitted Hats ($202). During the last 5 years the exports of Cayman Islands to Uruguay have decreased at an annualized rate of 66.2%, from $46k in 2022 to $202 in 2017.

Exports from Uruguay (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Uruguay (Flag) (2022)

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Uruguay than Cayman Islands included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Cayman Islands than Uruguay included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Uruguay (Flag) (2022)

Comparative Advantage Uruguay - Cayman Islands

Flow
Scale

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

During 2021, Uruguay had a large net trade with Cayman Islands in the exports of .

During 2017, Cayman Islands had a large net trade with Uruguay in the exports of Footwear and Headwear ($202).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Cayman Islands+N/AN/A
Top Product Potential Cayman Islands Uruguay+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Uruguay and Cayman Islands. This means that a dot/product with the flag of Uruguay 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 Uruguay.

Product Space of Uruguay (Flag) and Cayman Islands (Flag) (2022)

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