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2022
Flag → Flag
Exports $20.1kRnk 45 / 0
2022
Flag → Flag
Exports $41.2kRnk 147 / 174
2022
Flag → Flag
Top Product $10.2kBuilding Stone
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Cayman Islands-Ecuador Trade: In 2022, Cayman Islands exported $20.1k to Ecuador. The main products that Cayman Islands exported to Ecuador were N/A. Over the past 5 years the exports of Cayman Islands to Ecuador have increased at an annualized rate of 26.9%, from $6.11k in 2017 to $20.1k in 2022.

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

Ecuador-Cayman Islands Trade: In 2022, Ecuador exported $41.2k to Cayman Islands. The main products that Ecuador exported to Cayman Islands were Building Stone ($10.2k), Trunks and Cases ($7.39k), and Wood Ornaments ($5.89k). Over the past 5 years the exports of Ecuador to Cayman Islands have decreased at an annualized rate of 16%,  from $98.7k in 2017 to $41.2k in 2022.

In 2022, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $20.1k to Ecuador. There were not main exports from Cayman Islands to Ecuador in 2022. During the last 5 years the exports of Cayman Islands to Ecuador have increased at an annualized rate of 26.9%, from $6.11k in 2017 to $20.1k in 2022.

In 2018, Ecuador exported $41.2k to Cayman Islands. The main products exported from Ecuador to Cayman Islands were Building Stone ($10.2k), Trunks and Cases ($7.39k), and Wood Ornaments ($5.89k). During the last 5 years the exports of Ecuador to Cayman Islands have decreased at an annualized rate of 16%, from $98.7k in 2023 to $41.2k in 2018.

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

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

Latest Data

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

Ecuador Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Cayman Islands than Ecuador included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

In 2023, countries that imported more from Ecuador than Cayman Islands included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Cayman Islands - Ecuador

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Ecuador in the exports of .

During 2018, Ecuador had a large net trade with Cayman Islands in the exports of Stone And Glass ($14.4k), Animal Hides ($10.3k), and Wood Products ($5.94k).

Economic Complexity

Competitive Landscape

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

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

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