Cayman Islands (CYM) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

2022

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Exports $31Rnk 92 / 92

2022

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About

Cayman Islands-Sri Lanka Trade: In 2022, Cayman Islands exported $31 to Sri Lanka. The main products that Cayman Islands exported to Sri Lanka were Vitamins ($26) and Padlocks ($5). Over the past 13 years the exports of Cayman Islands to Sri Lanka have decreased at an annualized rate of 48.2%, from $161k in 2009 to $31 in 2022.

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

Sri Lanka-Cayman Islands Trade: In 2022, Sri Lanka exported $4.12k to Cayman Islands. The main products that Sri Lanka exported to Cayman Islands were N/A. Over the past 13 years the exports of Sri Lanka to Cayman Islands have increased at an annualized rate of 54.5%, from $468 in 2009 to $4.12k in 2022.

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

Comparison In 2022, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Cayman Islands than Sri Lanka included Malta ($218M), Norway ($163M), and Seychelles ($121M).

In 2022, countries that imported more from Sri Lanka than Cayman Islands included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka () and Cayman Islands () (2022)

Economic Complexity

Competitive Landscape

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