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2022
Flag → Flag
Exports $3.62kRnk 65 / 92
2022
Flag → Flag
Top Product $1.24kIndustrial Furnaces
2022
Flag → Flag
Exports $108kRnk 172 / 205
2022
Flag → Flag
Top Product $24.4kOther Processed Fruits and Nuts
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Cayman Islands-Philippines Trade: In 2022, Cayman Islands exported $3.62k to Philippines. The main products that Cayman Islands exported to Philippines were Industrial Furnaces ($1.24k), Medical Instruments ($1.07k), and Computers ($768). Over the past 5 years the exports of Cayman Islands to Philippines have increased at an annualized rate of 0.95%, from $3.45k in 2017 to $3.62k in 2022.

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

Philippines-Cayman Islands Trade: In 2022, Philippines exported $108k to Cayman Islands. The main products that Philippines exported to Cayman Islands were Other Processed Fruits and Nuts ($24.4k), Sauces and Seasonings ($18.6k), and Vinegar ($18k). Over the past 5 years the exports of Philippines to Cayman Islands have decreased at an annualized rate of 6.17%,  from $148k in 2017 to $108k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $3.62k to Philippines. The main products exported from Cayman Islands to Philippines were Industrial Furnaces ($1.24k), Medical Instruments ($1.07k), and Computers ($768). During the last 5 years the exports of Cayman Islands to Philippines have increased at an annualized rate of 0.95%, from $3.45k in 2017 to $3.62k in 2022.

In 2017, Philippines exported $108k to Cayman Islands. The main products exported from Philippines to Cayman Islands were Other Processed Fruits and Nuts ($24.4k), Sauces and Seasonings ($18.6k), and Vinegar ($18k). During the last 5 years the exports of Philippines to Cayman Islands have decreased at an annualized rate of 6.17%, from $148k in 2022 to $108k in 2017.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Cayman Islands included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Cayman Islands - Philippines

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Philippines in the exports of Machines ($2.01k), Instruments ($1.34k), and Animal Hides ($270).

During 2017, Philippines had a large net trade with Cayman Islands in the exports of Foodstuffs ($99.7k), Chemical Products ($6.93k), and Machines ($1k).

Economic Complexity

Competitive Landscape

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

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

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