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2022
Flag → Flag
Exports $2.62MRnk 181 / 222
2022
Flag → Flag
Top Product $2.12MCars
2022
Flag → Flag
Exports $10.2kRnk 53 / 92
2022
Flag → Flag
Top Product $9.71kVideo and Card Games
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-Cayman Islands Trade: In 2022, Belgium exported $2.62M to Cayman Islands. The main products that Belgium exported to Cayman Islands were Cars ($2.12M), Other Plastic Products ($160k), and Beer ($54.6k). Over the past 5 years the exports of Belgium to Cayman Islands have increased at an annualized rate of 73.1%, from $168k in 2017 to $2.62M in 2022.

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

Cayman Islands-Belgium Trade: In 2022, Cayman Islands exported $10.2k to Belgium. The main products that Cayman Islands exported to Belgium were Video and Card Games ($9.71k), Watch Movements ($336), and Integrated Circuits ($81). Over the past 5 years the exports of Cayman Islands to Belgium have increased at an annualized rate of 264%,  from $16 in 2017 to $10.2k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Cayman Islands ranked 165 in total exports ($737M), 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 2022, Belgium exported $2.62M to Cayman Islands. The main products exported from Belgium to Cayman Islands were Cars ($2.12M), Other Plastic Products ($160k), and Beer ($54.6k). During the last 5 years the exports of Belgium to Cayman Islands have increased at an annualized rate of 73.1%, from $168k in 2017 to $2.62M in 2022.

In 2017, Cayman Islands exported $10.2k to Belgium. The main products exported from Cayman Islands to Belgium were Video and Card Games ($9.71k), Watch Movements ($336), and Integrated Circuits ($81). During the last 5 years the exports of Cayman Islands to Belgium have increased at an annualized rate of 264%, from $16 in 2022 to $10.2k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Cayman Islands
Top DestinationMalta$218M

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 2022, countries that imported more from Belgium than Cayman Islands included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

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

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 2022, Belgium had a large net trade with Cayman Islands in the exports of Transportation ($2.12M), Plastics and Rubbers ($184k), and Chemical Products ($85.7k).

During 2017, Cayman Islands had a large net trade with Belgium in the exports of Miscellaneous ($9.71k), Instruments ($368), and Machines ($81).

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) (2022)

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