2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Cayman Islands-Chile Trade: In 2022, Cayman Islands exported $5.22k to Chile. The main products that Cayman Islands exported to Chile were Medical Instruments ($5.22k). Over the past 7 years the exports of Cayman Islands to Chile have decreased at an annualized rate of 31%, from $70k in 2015 to $5.22k in 2022.

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

Chile-Cayman Islands Trade: In 2022, Chile exported $91k to Cayman Islands. The main products that Chile exported to Cayman Islands were Paper Containers ($35.7k), Plywood ($34.1k), and Medical Instruments ($14k). Over the past 7 years the exports of Chile to Cayman Islands have decreased at an annualized rate of 25.5%,  from $396k in 2015 to $91k in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $5.22k to Chile. The main products exported from Cayman Islands to Chile were Medical Instruments ($5.22k). During the last 7 years the exports of Cayman Islands to Chile have decreased at an annualized rate of 31%, from $70k in 2015 to $5.22k in 2022.

In 2017, Chile exported $91k to Cayman Islands. The main products exported from Chile to Cayman Islands were Paper Containers ($35.7k), Plywood ($34.1k), and Medical Instruments ($14k). During the last 5 years the exports of Chile to Cayman Islands have decreased at an annualized rate of 25.5%, from $396k in 2022 to $91k in 2017.

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

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

Latest Data

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

Chile Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Chile
Top Destination
China$38.5B

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

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

In 2022, countries that imported more from Chile than Cayman Islands included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Cayman Islands - Chile

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Chile in the exports of Instruments ($5.22k).

During 2017, Chile had a large net trade with Cayman Islands in the exports of Paper Goods ($35.7k), Wood Products ($34.1k), and Instruments ($14k).

Economic Complexity

Competitive Landscape

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

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

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