2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Cayman Islands-Azerbaijan Trade: In 2021, Cayman Islands exported $133k to Azerbaijan. The main products that Cayman Islands exported to Azerbaijan were N/A. Over the past 20 years the exports of Cayman Islands to Azerbaijan have increased at an annualized rate of 5.3%, from $47.3k in 2001 to $133k in 2021.

In 2021, Cayman Islands did not export any services to Azerbaijan.

Azerbaijan-Cayman Islands In N/A, Azerbaijan did not export any products to Cayman Islands.

In 2021, Azerbaijan did not export any services to Cayman Islands.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cayman Islands exported $133k to Azerbaijan. There were not main exports from Cayman Islands to Azerbaijan in 2021. During the last 20 years the exports of Cayman Islands to Azerbaijan have increased at an annualized rate of 5.3%, from $47.3k in 2001 to $133k in 2021.

Azerbaijan does not register exports to Cayman Islands. The main products exported from Azerbaijan to Cayman Islands were Refined Petroleum ($13.5k).

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

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

Latest Data

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

Azerbaijan Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Cayman Islands than Azerbaijan included Malta ($218M), Seychelles ($121M), and Norway ($163M).

In 2022, countries that imported more from Azerbaijan than Cayman Islands included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Cayman Islands - Azerbaijan

Flow
Scale

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

During 2021, Cayman Islands had a large net trade with Azerbaijan in the exports of .

Economic Complexity

Competitive Landscape

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

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

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