2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Cayman Islands-Nigeria Trade: In 2022, Cayman Islands exported $23.1k to Nigeria. The main products that Cayman Islands exported to Nigeria were Cars ($22.2k) and Base Metal Watches ($971). Over the past 6 years the exports of Cayman Islands to Nigeria have decreased at an annualized rate of 11.4%, from $48k in 2016 to $23.1k in 2022.

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

Nigeria-Cayman Islands In N/A, Nigeria did not export any products to Cayman Islands.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $23.1k to Nigeria. The main products exported from Cayman Islands to Nigeria were Cars ($22.2k) and Base Metal Watches ($971). During the last 6 years the exports of Cayman Islands to Nigeria have decreased at an annualized rate of 11.4%, from $48k in 2016 to $23.1k in 2022.

Nigeria does not register exports to Cayman Islands.

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

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

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Nigeria
Top Destination
Spain$9.41B

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

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

In 2022, countries that imported more from Nigeria than Cayman Islands included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Cayman Islands - Nigeria

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Nigeria in the exports of Transportation ($22.2k) and Instruments ($971).

Economic Complexity

Competitive Landscape

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

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

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