2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 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
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Cayman Islands-Cyprus Trade: In 2023, Cayman Islands exported $172M to Cyprus. The main products that Cayman Islands exported to Cyprus were Recreational Boats ($172M), Trailers and semi-trailers, not mechanically propelled vehicles ($16.1k), and Rubber Stamps ($74). Over the past 6 years the exports of Cayman Islands to Cyprus have increased at an annualized rate of 720%, from $565 in 2017 to $172M in 2023.

In 2023, Cayman Islands did not export any services to Cyprus.

Cyprus-Cayman Islands Trade: In 2023, Cyprus exported $1.48k to Cayman Islands. The main products that Cyprus exported to Cayman Islands were Shaped Paper ($1.48k). Over the past 6 years the exports of Cyprus to Cayman Islands have decreased at an annualized rate of 92.8%,  from $749M in 2017 to $1.48k in 2023.

In 2023, Cyprus did not export any services to Cayman Islands.

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $172M to Cyprus. The main products exported from Cayman Islands to Cyprus were Recreational Boats ($172M), Trailers and semi-trailers, not mechanically propelled vehicles ($16.1k), and Rubber Stamps ($74). During the last 6 years the exports of Cayman Islands to Cyprus have increased at an annualized rate of 720%, from $565 in 2017 to $172M in 2023.

In 2018, Cyprus exported $1.48k to Cayman Islands. The main products exported from Cyprus to Cayman Islands were Shaped Paper ($1.48k). During the last 5 years the exports of Cyprus to Cayman Islands have decreased at an annualized rate of 92.8%, from $749M in 2023 to $1.48k in 2018.

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

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

Latest Data

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

Cyprus Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Cayman Islands than Cyprus included Grenada ($67.2M), United Kingdom ($326M), and Malta ($38.9M).

In 2023, countries that imported more from Cyprus than Cayman Islands included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Comparative Advantage Cayman Islands - Cyprus

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Cyprus in the exports of Transportation ($172M), Miscellaneous ($74), and Chemical Products ($50).

During 2018, Cyprus had a large net trade with Cayman Islands in the exports of Paper Goods ($1.48k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Cyprus (Flag) (2023)

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