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2023
Flag → Flag
Exports $935kRnk 180 / 213
2023
Flag → Flag
Top Product $349kFlavored Water
2023
Flag → Flag
Exports $114kRnk 31 / 78
2023
Flag → Flag
Top Product $112kIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag  
GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Austria-Cayman Islands Trade: In 2023, Austria exported $935k to Cayman Islands. The main products that Austria exported to Cayman Islands were Flavored Water ($349k), Rubberworking Machinery ($151k), and Wine ($136k). Over the past 5 years the exports of Austria to Cayman Islands have decreased at an annualized rate of 30.6%, from $5.79M in 2018 to $935k in 2023.

In 2023, Austria did not export any services to Cayman Islands.

Cayman Islands-Austria Trade: In 2023, Cayman Islands exported $114k to Austria. The main products that Cayman Islands exported to Austria were Integrated Circuits ($112k), Vaccines, blood, antisera, toxins and cultures ($803), and Beauty Products ($295). Over the past 5 years the exports of Cayman Islands to Austria have increased at an annualized rate of 65.7%,  from $9.13k in 2018 to $114k in 2023.

In 2023, Cayman Islands did not export any services to Austria.

Comparison In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56),  and 31 in total exports ($204B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $935k to Cayman Islands. The main products exported from Austria to Cayman Islands were Flavored Water ($349k), Rubberworking Machinery ($151k), and Wine ($136k). During the last 5 years the exports of Austria to Cayman Islands have decreased at an annualized rate of 30.6%, from $5.79M in 2018 to $935k in 2023.

In 2018, Cayman Islands exported $114k to Austria. The main products exported from Cayman Islands to Austria were Integrated Circuits ($112k), Vaccines, blood, antisera, toxins and cultures ($803), and Beauty Products ($295). During the last 5 years the exports of Cayman Islands to Austria have increased at an annualized rate of 65.7%, from $9.13k in 2023 to $114k in 2018.

Exports from Austria (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Cayman Islands (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$51B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Austria than Cayman Islands included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Cayman Islands than Austria included Cyprus ($172M), Grenada ($67.2M), and Barbados ($15.4M).

Difference in imports from Cayman Islands (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Cayman Islands

Flow
Scale

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

During 2023, Austria had a large net trade with Cayman Islands in the exports of Foodstuffs ($509k), Machines ($182k), and Transportation ($71.8k).

During 2018, Cayman Islands had a large net trade with Austria in the exports of Machines ($112k), Chemical Products ($1.24k), and Footwear and Headwear ($231).

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Cayman Islands (Flag) (2023)

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