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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $114k in 2023.

In 2018, 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 2023 to $935k in 2018.

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

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

Latest Data

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

Austria Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Cayman Islands - Austria

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Austria in the exports of Machines ($112k), Chemical Products ($1.24k), and Footwear and Headwear ($231).

During 2018, Austria had a large net trade with Cayman Islands in the exports of Foodstuffs ($509k), Machines ($182k), and Transportation ($71.8k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and Austria. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Cayman Islands.

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

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