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2022
Flag → Flag
Exports $9.62kRnk 54 / 92
2022
Flag → Flag
Top Product $1.64kIntegrated Circuits
2022
Flag → Flag
Exports $257kRnk 183 / 208
2022
Flag → Flag
Top Product $87.1kWine
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Cayman Islands-Portugal Trade: In 2022, Cayman Islands exported $9.62k to Portugal. The main products that Cayman Islands exported to Portugal were Integrated Circuits ($1.64k), Felt or Coated Fabric Garments ($1.45k), and Bedspreads ($1.39k). Over the past 6 years the exports of Cayman Islands to Portugal have decreased at an annualized rate of 34.9%, from $127k in 2016 to $9.62k in 2022.

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

Portugal-Cayman Islands Trade: In 2022, Portugal exported $257k to Cayman Islands. The main products that Portugal exported to Cayman Islands were Wine ($87.1k), Knit Sweaters ($26.1k), and Knit Men's Suits ($21.9k). Over the past 6 years the exports of Portugal to Cayman Islands have increased at an annualized rate of 20%,  from $41.3k in 2016 to $257k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $9.62k to Portugal. The main products exported from Cayman Islands to Portugal were Integrated Circuits ($1.64k), Felt or Coated Fabric Garments ($1.45k), and Bedspreads ($1.39k). During the last 6 years the exports of Cayman Islands to Portugal have decreased at an annualized rate of 34.9%, from $127k in 2016 to $9.62k in 2022.

In 2017, Portugal exported $257k to Cayman Islands. The main products exported from Portugal to Cayman Islands were Wine ($87.1k), Knit Sweaters ($26.1k), and Knit Men's Suits ($21.9k). During the last 5 years the exports of Portugal to Cayman Islands have increased at an annualized rate of 20%, from $41.3k in 2022 to $257k in 2017.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Cayman Islands than Portugal included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Portugal than Cayman Islands included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Cayman Islands - Portugal

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Portugal in the exports of Textiles ($3.11k), Machines ($2.54k), and Footwear and Headwear ($1.16k).

During 2017, Portugal had a large net trade with Cayman Islands in the exports of Textiles ($89.2k), Foodstuffs ($87.1k), and Chemical Products ($25.8k).

Economic Complexity

Competitive Landscape

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

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

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