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2022
Flag → Flag
Exports $9.47kRnk 55 / 92
2022
Flag → Flag
Top Product $5.79kSelf-adhesive Plastics
2022
Flag → Flag
Exports $12.3MRnk 59 / 163
2022
Flag → Flag
Top Product $7.07MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Cayman Islands-Dominican Republic Trade: In 2022, Cayman Islands exported $9.47k to Dominican Republic. The main products that Cayman Islands exported to Dominican Republic were Self-adhesive Plastics ($5.79k), Hand Tools ($1.69k), and Raw Tobacco ($635). Over the past 7 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 49.9%, from $1.2M in 2015 to $9.47k in 2022.

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

Dominican Republic-Cayman Islands Trade: In 2022, Dominican Republic exported $12.3M to Cayman Islands. The main products that Dominican Republic exported to Cayman Islands were Raw Iron Bars ($7.07M), Cement ($3.6M), and Plastic Pipes ($358k). Over the past 7 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 8.29%,  from $1.97M in 2015 to $12.3M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $9.47k to Dominican Republic. The main products exported from Cayman Islands to Dominican Republic were Self-adhesive Plastics ($5.79k), Hand Tools ($1.69k), and Raw Tobacco ($635). During the last 7 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 49.9%, from $1.2M in 2015 to $9.47k in 2022.

In 2017, Dominican Republic exported $12.3M to Cayman Islands. The main products exported from Dominican Republic to Cayman Islands were Raw Iron Bars ($7.07M), Cement ($3.6M), and Plastic Pipes ($358k). During the last 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 8.29%, from $1.97M in 2022 to $12.3M in 2017.

Exports from Cayman Islands (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Dominican Republic
Top DestinationUnited States$6.85B

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

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

In 2022, countries that imported more from Dominican Republic than Cayman Islands included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Dominican Republic

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($5.79k), Metals ($1.69k), and Textiles ($890).

During 2017, Dominican Republic had a large net trade with Cayman Islands in the exports of Metals ($7.32M), Mineral Products ($3.67M), and Plastics and Rubbers ($476k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Dominican Republic (Flag) (2022)

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