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2022
Flag → Flag
Exports $8.78kRnk 58 / 92
2022
Flag → Flag
Top Product $7.7kElectric Generating Sets
2022
Flag → Flag
Exports $22.1kRnk 185 / 206
2022
Flag → Flag
Top Product $10.5kInterior Decorative Glassware
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Cayman Islands-Bulgaria Trade: In 2022, Cayman Islands exported $8.78k to Bulgaria. The main products that Cayman Islands exported to Bulgaria were Electric Generating Sets ($7.7k) and Electric Motor Parts ($1.08k). Over the past 9 years the exports of Cayman Islands to Bulgaria have increased at an annualized rate of 23.8%, from $1.28k in 2013 to $8.78k in 2022.

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

Bulgaria-Cayman Islands Trade: In 2022, Bulgaria exported $22.1k to Cayman Islands. The main products that Bulgaria exported to Cayman Islands were Interior Decorative Glassware ($10.5k), Medical Instruments ($7.32k), and Water ($1.99k). Over the past 9 years the exports of Bulgaria to Cayman Islands have decreased at an annualized rate of 14%,  from $135k in 2013 to $22.1k in 2022.

In 2022, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $8.78k to Bulgaria. The main products exported from Cayman Islands to Bulgaria were Electric Generating Sets ($7.7k) and Electric Motor Parts ($1.08k). During the last 9 years the exports of Cayman Islands to Bulgaria have increased at an annualized rate of 23.8%, from $1.28k in 2013 to $8.78k in 2022.

In 2017, Bulgaria exported $22.1k to Cayman Islands. The main products exported from Bulgaria to Cayman Islands were Interior Decorative Glassware ($10.5k), Medical Instruments ($7.32k), and Water ($1.99k). During the last 5 years the exports of Bulgaria to Cayman Islands have decreased at an annualized rate of 14%, from $135k in 2022 to $22.1k in 2017.

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

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

Latest Data

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

Bulgaria Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Bulgaria
Top DestinationGermany$6.91B

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

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

In 2022, countries that imported more from Bulgaria than Cayman Islands included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Cayman Islands - Bulgaria

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Bulgaria in the exports of Machines ($8.78k).

During 2017, Bulgaria had a large net trade with Cayman Islands in the exports of Stone And Glass ($10.5k), Instruments ($7.32k), and Foodstuffs ($3k).

Economic Complexity

Competitive Landscape

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

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

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