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2023
Flag → Flag
Exports $3.12kRnk 56 / 78
2023
Flag → Flag
Top Product $3.11kBroadcasting Equipment
2023
Flag → Flag
Exports $5.86MRnk 182 / 220
2023
Flag → Flag
Top Product $1.71MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Cayman Islands-India Trade: In 2023, Cayman Islands exported $3.12k to India. The main products that Cayman Islands exported to India were Broadcasting Equipment ($3.11k) and Integrated Circuits ($11). Over the past 5 years the exports of Cayman Islands to India have decreased at an annualized rate of 69.4%, from $1.15M in 2018 to $3.12k in 2023.

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

India-Cayman Islands Trade: In 2023, India exported $5.86M to Cayman Islands. The main products that India exported to Cayman Islands were Packaged Medicaments ($1.71M), Medical Instruments ($834k), and Cars ($421k). Over the past 5 years the exports of India to Cayman Islands have increased at an annualized rate of 5.58%,  from $4.46M in 2018 to $5.86M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $3.12k to India. The main products exported from Cayman Islands to India were Broadcasting Equipment ($3.11k) and Integrated Circuits ($11). During the last 5 years the exports of Cayman Islands to India have decreased at an annualized rate of 69.4%, from $1.15M in 2018 to $3.12k in 2023.

In 2018, India exported $5.86M to Cayman Islands. The main products exported from India to Cayman Islands were Packaged Medicaments ($1.71M), Medical Instruments ($834k), and Cars ($421k). During the last 5 years the exports of India to Cayman Islands have increased at an annualized rate of 5.58%, from $4.46M in 2023 to $5.86M in 2018.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Cayman Islands than India included Grenada ($67.2M), Cyprus ($172M), and Barbados ($15.4M).

In 2023, countries that imported more from India than Cayman Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Cayman Islands - India

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with India in the exports of Machines ($3.12k).

During 2018, India had a large net trade with Cayman Islands in the exports of Chemical Products ($2.69M), Instruments ($1.16M), and Textiles ($447k).

Economic Complexity

Competitive Landscape

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

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

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