2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC 
$97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Cayman Islands-Bulgaria Trade: In 2022, Cayman Islands exported $8.82k to Bulgaria. The main products that Cayman Islands exported to Bulgaria were N/A. Over the past 9 years the exports of Cayman Islands to Bulgaria have increased at an annualized rate of 23.9%, from $1.28k in 2013 to $8.82k in 2022.

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

Bulgaria-Cayman Islands Trade: In 2022, Bulgaria exported $10.5k to Cayman Islands. The main products that Bulgaria exported to Cayman Islands were Medical Instruments ($5.64k), Rolled Tobacco ($3.21k), and Water ($869). Over the past 9 years the exports of Bulgaria to Cayman Islands have decreased at an annualized rate of 31.2%,  from $67.8k in 2013 to $10.5k in 2022.

In 2022, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $8.82k to Bulgaria. There were not main exports from Cayman Islands to Bulgaria in 2022. During the last 9 years the exports of Cayman Islands to Bulgaria have increased at an annualized rate of 23.9%, from $1.28k in 2013 to $8.82k in 2022.

In 2018, Bulgaria exported $10.5k to Cayman Islands. The main products exported from Bulgaria to Cayman Islands were Medical Instruments ($5.64k), Rolled Tobacco ($3.21k), and Water ($869). During the last 5 years the exports of Bulgaria to Cayman Islands have decreased at an annualized rate of 31.2%, from $67.8k in 2023 to $10.5k in 2018.

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

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

Latest Data

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

Bulgaria Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Bulgaria
Top Destination
Germany$6.84B

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 2023, countries that imported more from Cayman Islands than Bulgaria included Grenada ($67.2M), Malta ($38.9M), and Barbados ($15.4M).

In 2023, countries that imported more from Bulgaria than Cayman Islands included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

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 .

During 2018, Bulgaria had a large net trade with Cayman Islands in the exports of Instruments ($5.64k), Foodstuffs ($4.14k), and Transportation ($671).

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) (2023)

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