2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Cayman Islands-Estonia Trade: In 2022, Cayman Islands exported $896 to Estonia. The main products that Cayman Islands exported to Estonia were Vaccines, blood, antisera, toxins and cultures ($896). Over the past 21 years the exports of Cayman Islands to Estonia have increased at an annualized rate of 1.12%, from $709 in 2001 to $896 in 2022.

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

Estonia-Cayman Islands Trade: In 2022, Estonia exported $9.82k to Cayman Islands. The main products that Estonia exported to Cayman Islands were Motor vehicles; parts and accessories (8701 to 8705) ($3.53k), Sound Recording Equipment ($3.13k), and Air Pumps ($1.96k). Over the past 21 years the exports of Estonia to Cayman Islands have increased at an annualized rate of 1.96%,  from $6.92k in 2001 to $9.82k in 2022.

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

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $896 to Estonia. The main products exported from Cayman Islands to Estonia were Vaccines, blood, antisera, toxins and cultures ($896). During the last 21 years the exports of Cayman Islands to Estonia have increased at an annualized rate of 1.12%, from $709 in 2001 to $896 in 2022.

In 2017, Estonia exported $9.82k to Cayman Islands. The main products exported from Estonia to Cayman Islands were Motor vehicles; parts and accessories (8701 to 8705) ($3.53k), Sound Recording Equipment ($3.13k), and Air Pumps ($1.96k). During the last 5 years the exports of Estonia to Cayman Islands have increased at an annualized rate of 1.96%, from $6.92k in 2022 to $9.82k in 2017.

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

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

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Cayman Islands included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Cayman Islands - Estonia

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Estonia in the exports of Chemical Products ($896).

During 2017, Estonia had a large net trade with Cayman Islands in the exports of Machines ($5.88k), Transportation ($3.53k), and Plastics and Rubbers ($304).

Economic Complexity

Competitive Landscape

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

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

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