NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $80.5kRnk 32 / 78
2023
Flag → Flag
Top Product $33.5kOther Rubber Products
2023
Flag → Flag
Exports $4.99MRnk 180 / 220
2023
Flag → Flag
Top Product $1.48MUnglazed Ceramics
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Cayman Islands-Spain Trade: In 2023, Cayman Islands exported $80.5k to Spain. The main products that Cayman Islands exported to Spain were Other Rubber Products ($33.5k), Awnings, Tents, and Sails ($24.4k), and Pulley Systems ($3.47k). Over the past 5 years the exports of Cayman Islands to Spain have decreased at an annualized rate of 21%, from $262k in 2018 to $80.5k in 2023.

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

Spain-Cayman Islands Trade: In 2023, Spain exported $4.99M to Cayman Islands. The main products that Spain exported to Cayman Islands were Unglazed Ceramics ($1.48M), Other Furniture ($695k), and Awnings, Tents, and Sails ($541k). Over the past 5 years the exports of Spain to Cayman Islands have decreased at an annualized rate of 34.1%,  from $40.1M in 2018 to $4.99M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $80.5k to Spain. The main products exported from Cayman Islands to Spain were Other Rubber Products ($33.5k), Awnings, Tents, and Sails ($24.4k), and Pulley Systems ($3.47k). During the last 5 years the exports of Cayman Islands to Spain have decreased at an annualized rate of 21%, from $262k in 2018 to $80.5k in 2023.

In 2018, Spain exported $4.99M to Cayman Islands. The main products exported from Spain to Cayman Islands were Unglazed Ceramics ($1.48M), Other Furniture ($695k), and Awnings, Tents, and Sails ($541k). During the last 5 years the exports of Spain to Cayman Islands have decreased at an annualized rate of 34.1%, from $40.1M in 2023 to $4.99M in 2018.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Cayman Islands than Spain included Grenada ($67.2M) and Belize ($9.88M).

In 2023, countries that imported more from Spain than Cayman Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Cayman Islands - Spain

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Spain in the exports of Plastics and Rubbers ($34.4k), Textiles ($28.8k), and Machines ($7.36k).

During 2018, Spain had a large net trade with Cayman Islands in the exports of Stone And Glass ($1.77M), Miscellaneous ($848k), and Foodstuffs ($588k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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