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

About

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.

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.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $10.2k in 2022.

In 2017, 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 2022 to $2.62M in 2017.

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

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

Latest Data

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

Belgium Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Cayman Islands - Belgium

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Belgium in the exports of Miscellaneous ($9.71k), Instruments ($368), and Machines ($81).

During 2017, 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).

Economic Complexity

Competitive Landscape

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

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

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