2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Cayman Islands-Brazil Trade: In 2022, Cayman Islands exported $4.73M to Brazil. The main products that Cayman Islands exported to Brazil were Integrated Circuits ($2.69M), Raw Lead ($2M), and Electrical Capacitors ($26.3k). Over the past 5 years the exports of Cayman Islands to Brazil have increased at an annualized rate of 16.7%, from $2.18M in 2017 to $4.73M in 2022.

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

Brazil-Cayman Islands Trade: In 2022, Brazil exported $10.9M to Cayman Islands. The main products that Brazil exported to Cayman Islands were Refined Petroleum ($7.32M), Delivery Trucks ($572k), and Poultry Meat ($551k). Over the past 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 46.2%,  from $241M in 2017 to $10.9M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $4.73M to Brazil. The main products exported from Cayman Islands to Brazil were Integrated Circuits ($2.69M), Raw Lead ($2M), and Electrical Capacitors ($26.3k). During the last 5 years the exports of Cayman Islands to Brazil have increased at an annualized rate of 16.7%, from $2.18M in 2017 to $4.73M in 2022.

In 2017, Brazil exported $10.9M to Cayman Islands. The main products exported from Brazil to Cayman Islands were Refined Petroleum ($7.32M), Delivery Trucks ($572k), and Poultry Meat ($551k). During the last 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 46.2%, from $241M in 2022 to $10.9M in 2017.

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

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

Latest Data

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

Brazil Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Cayman Islands than Brazil included Seychelles ($121M), Grenada ($62.6M), and Belize ($18.9M).

In 2022, countries that imported more from Brazil than Cayman Islands included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Cayman Islands - Brazil

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Brazil in the exports of Machines ($2.72M) and Metals ($2M).

During 2017, Brazil had a large net trade with Cayman Islands in the exports of Mineral Products ($7.32M), Transportation ($965k), and Animal Products ($731k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with