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2022
Flag → Flag
Exports $54.8MRnk 190 / 211
2022
Flag → Flag
Top Product $11.1MRefined Petroleum
2022
Flag → Flag
Exports $8.59kRnk 59 / 92
2022
Flag → Flag
Top Product $5.25kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

China-Cayman Islands Trade: In 2022, China exported $54.8M to Cayman Islands. The main products that China exported to Cayman Islands were Refined Petroleum ($11.1M), Iron Structures ($7.85M), and Additive manufacturing machines ($4.67M). Over the past 5 years the exports of China to Cayman Islands have decreased at an annualized rate of 26.6%, from $257M in 2017 to $54.8M in 2022.

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

Cayman Islands-China Trade: In 2022, Cayman Islands exported $8.59k to China. The main products that Cayman Islands exported to China were Medical Instruments ($5.25k), Air Pumps ($2k), and Valves ($700). Over the past 5 years the exports of Cayman Islands to China have increased at an annualized rate of 21.6%,  from $3.23k in 2017 to $8.59k in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, China exported $12.5M and imported $35 from Cayman Islands, resulting in a positive trade balance of $12.5M. Between August 2023 and August 2024 the exports of China have increased by $9.07M (263%) from $3.44M to $12.5M, while imports decreased by $-290 (-89.2%) from $325 to $35.

Trade In August 2024, the top exports of China to Cayman Islands were Iron Structures ($526k), Other Furniture ($354k), Refined Petroleum ($335k), Light Fixtures ($301k), and Aluminium Structures ($192k). In August 2024 the top imports of China from Cayman Islands were .

Origins In August 2024 the exports of China were mainly from Tianjin ($4.09M), Zhejiang Province ($2.39M), Guangdong Province ($1.76M), Liaoning Province ($1.24M), and Shandong Province ($814k), while imports destinations were mainly N/A.

Growth In August 2024, the increase in China's year-by-year exports to Cayman Islands was explained primarily by an increase in product exports in Iron Structures ($447k or 566%), Other Furniture ($344k or 3.29k%), and Unglazed Ceramics ($97.6k or 822%). In July 2024, the decrease in China'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
EXPORT GROWTH (August 2023 - August 2024)$9.07M(263%)
IMPORT GROWTH (July 2023 - July 2024)$-290(-89.2%)
MAIN EXPORTER (August 2024)Tianjin$4.09M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $54.8M to Cayman Islands. The main products exported from China to Cayman Islands were Refined Petroleum ($11.1M), Iron Structures ($7.85M), and Additive manufacturing machines ($4.67M). During the last 5 years the exports of China to Cayman Islands have decreased at an annualized rate of 26.6%, from $257M in 2017 to $54.8M in 2022.

In 2017, Cayman Islands exported $8.59k to China. The main products exported from Cayman Islands to China were Medical Instruments ($5.25k), Air Pumps ($2k), and Valves ($700). During the last 5 years the exports of Cayman Islands to China have increased at an annualized rate of 21.6%, from $3.23k in 2022 to $8.59k in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from China than Cayman Islands included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

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

Comparative Advantage China - Cayman Islands

Flow
Scale

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

During 2022, China had a large net trade with Cayman Islands in the exports of Metals ($14.5M), Mineral Products ($11.1M), and Machines ($10.9M).

During 2017, Cayman Islands had a large net trade with China in the exports of Instruments ($5.25k), Machines ($3.09k), and Transportation ($191).

Economic Complexity

Competitive Landscape

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

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

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