Cayman Islands (CYM) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Cayman Islands-Singapore Trade: In 2022, Cayman Islands exported $428k to Singapore. The main products that Cayman Islands exported to Singapore were Aircraft Parts ($219k), Electrical Capacitors ($110k), and Other Nickel Products ($35.8k). Over the past 5 years the exports of Cayman Islands to Singapore have decreased at an annualized rate of 47.5%, from $10.8M in 2017 to $428k in 2022.

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

Singapore-Cayman Islands Trade: In 2022, Singapore exported $1.39M to Cayman Islands. The main products that Singapore exported to Cayman Islands were Cars ($979k), Industrial Fatty Acids, Oils and Alcohols ($147k), and Aldehydes ($76.8k). Over the past 5 years the exports of Singapore to Cayman Islands have increased at an annualized rate of 36.2%, from $296k in 2017 to $1.39M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $428k to Singapore. The main products exported from Cayman Islands to Singapore were Aircraft Parts ($219k), Electrical Capacitors ($110k), and Other Nickel Products ($35.8k). During the last 5 years the exports of Cayman Islands to Singapore have decreased at an annualized rate of 47.5%, from $10.8M in 2017 to $428k in 2022.

In 2017, Singapore exported $1.39M to Cayman Islands. The main products exported from Singapore to Cayman Islands were Cars ($979k), Industrial Fatty Acids, Oils and Alcohols ($147k), and Aldehydes ($76.8k). During the last 5 years the exports of Singapore to Cayman Islands have increased at an annualized rate of 36.2%, from $296k in 2022 to $1.39M in 2017.

Exports from Cayman Islands () to Singapore () (2022)

Exports from Singapore () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Cayman Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Singapore in the exports of Transportation ($219k), Machines ($149k), and Metals ($37k).

During 2017, Singapore had a large net trade with Cayman Islands in the exports of Transportation ($986k), Chemical Products ($293k), and Foodstuffs ($62.5k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Singapore () (2022)

Exports from Singapore () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Singapore ()

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Singapore () (2022)

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