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2023
Flag → Flag
Exports $4.89MRnk 175 / 220
2023
Flag → Flag
Top Product $3.23MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $2.51kRnk 61 / 78
2023
Flag → Flag
Top Product $2.5kBrooms
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Belgium-Cayman Islands Trade: In 2023, Belgium exported $4.89M to Cayman Islands. The main products that Belgium exported to Cayman Islands were Vaccines, blood, antisera, toxins and cultures ($3.23M), Cars ($596k), and Electrical Transformers ($195k). Over the past 5 years the exports of Belgium to Cayman Islands have increased at an annualized rate of 18.1%, from $2.13M in 2018 to $4.89M in 2023.

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

Cayman Islands-Belgium Trade: In 2023, Cayman Islands exported $2.51k to Belgium. The main products that Cayman Islands exported to Belgium were Brooms ($2.5k), Hard Liquor ($12), and Refined Petroleum ($2). Over the past 5 years the exports of Cayman Islands to Belgium have increased at an annualized rate of 29.1%,  from $700 in 2018 to $2.51k in 2023.

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

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from Cayman Islands, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Cayman Islands were Machinery, mechanical appliances, & parts (€75.4k), Iron/Steel Articles (€25.1k), Pharmaceutical products (€17.5k), Chemical products n.e.s. (€6.95k), and Beverages, spirits, & vinegar (€2.22k). In N/A the top imports of Belgium from Cayman Islands were .

Growth In N/A, the N/A in Belgium's year-by-year exports to Cayman Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from Cayman Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Cayman Islands and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cayman Islands and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $4.89M to Cayman Islands. The main products exported from Belgium to Cayman Islands were Vaccines, blood, antisera, toxins and cultures ($3.23M), Cars ($596k), and Electrical Transformers ($195k). During the last 5 years the exports of Belgium to Cayman Islands have increased at an annualized rate of 18.1%, from $2.13M in 2018 to $4.89M in 2023.

In 2018, Cayman Islands exported $2.51k to Belgium. The main products exported from Cayman Islands to Belgium were Brooms ($2.5k), Hard Liquor ($12), and Refined Petroleum ($2). During the last 5 years the exports of Cayman Islands to Belgium have increased at an annualized rate of 29.1%, from $700 in 2023 to $2.51k in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Belgium than Cayman Islands included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Cayman Islands than Belgium included Grenada ($67.2M), Barbados ($15.4M), and Belize ($9.88M).

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

Comparative Advantage Belgium - Cayman Islands

Flow
Scale

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

During 2023, Belgium had a large net trade with Cayman Islands in the exports of Chemical Products ($3.23M), Transportation ($597k), and Machines ($451k).

During 2018, Cayman Islands had a large net trade with Belgium in the exports of Miscellaneous ($2.5k), Foodstuffs ($12), and Mineral Products ($2).

Economic Complexity

Competitive Landscape

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

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

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