2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
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2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC 
$97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Cayman Islands-Israel Trade: In 2023, Cayman Islands exported $18k to Israel. The main products that Cayman Islands exported to Israel were Other Furniture ($12k), Other Pure Vegetable Oils ($4k), and Knit Men's Undergarments ($2k). Over the past 5 years the exports of Cayman Islands to Israel have decreased at an annualized rate of 30.5%, from $111k in 2018 to $18k in 2023.

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

Israel-Cayman Islands Trade: In 2023, Israel exported $158k to Cayman Islands. The main products that Israel exported to Cayman Islands were N/A. Over the past 5 years the exports of Israel to Cayman Islands have increased at an annualized rate of 0.65%,  from $153k in 2018 to $158k in 2023.

In 2012, Israel exported services to Cayman Islands worth $140M, with Computer and information services ($111M) and Royalties and license fees ($29.3M) being the largest in terms of value.

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $18k to Israel. The main products exported from Cayman Islands to Israel were Other Furniture ($12k), Other Pure Vegetable Oils ($4k), and Knit Men's Undergarments ($2k). During the last 5 years the exports of Cayman Islands to Israel have decreased at an annualized rate of 30.5%, from $111k in 2018 to $18k in 2023.

In 2017, Israel exported $158k to Cayman Islands. There were not main exports from Israel to Cayman Islands in 2017. During the last 5 years the exports of Israel to Cayman Islands have increased at an annualized rate of 0.65%, from $153k in 2022 to $158k in 2017.

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

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

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Cayman Islands than Israel included Grenada ($67.2M), Malta ($38.9M), and Barbados ($15.4M).

In 2023, countries that imported more from Israel than Cayman Islands included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Cayman Islands - Israel

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Israel in the exports of Miscellaneous ($12k), Animal and Vegetable Bi-Products ($4k), and Textiles ($2k).

During 2017, Israel had a large net trade with Cayman Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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