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2022
Flag → Flag
Exports $1.08kRnk 73 / 92
2022
Flag → Flag
Top Product $692Radio Receivers
2022
Flag → Flag
Exports $3.63MRnk 153 / 217
2022
Flag → Flag
Top Product $3.22MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Cayman Islands-Sweden Trade: In 2022, Cayman Islands exported $1.08k to Sweden. The main products that Cayman Islands exported to Sweden were Radio Receivers ($692), Knit T-shirts ($198), and Leather Footwear ($99). Over the past 5 years the exports of Cayman Islands to Sweden have decreased at an annualized rate of 52.9%, from $46.5k in 2017 to $1.08k in 2022.

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

Sweden-Cayman Islands Trade: In 2022, Sweden exported $3.63M to Cayman Islands. The main products that Sweden exported to Cayman Islands were Recreational Boats ($3.22M), Hard Liquor ($175k), and Liquid Pumps ($56k). Over the past 5 years the exports of Sweden to Cayman Islands have decreased at an annualized rate of 2.16%,  from $4.14M in 2017 to $3.63M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $1.08k to Sweden. The main products exported from Cayman Islands to Sweden were Radio Receivers ($692), Knit T-shirts ($198), and Leather Footwear ($99). During the last 5 years the exports of Cayman Islands to Sweden have decreased at an annualized rate of 52.9%, from $46.5k in 2017 to $1.08k in 2022.

In 2017, Sweden exported $3.63M to Cayman Islands. The main products exported from Sweden to Cayman Islands were Recreational Boats ($3.22M), Hard Liquor ($175k), and Liquid Pumps ($56k). During the last 5 years the exports of Sweden to Cayman Islands have decreased at an annualized rate of 2.16%, from $4.14M in 2022 to $3.63M in 2017.

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

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

Latest Data

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

Sweden Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Sweden
Top DestinationGermany$19.2B

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

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

In 2022, countries that imported more from Sweden than Cayman Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Cayman Islands - Sweden

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Sweden in the exports of Machines ($692), Textiles ($198), and Footwear and Headwear ($99).

During 2017, Sweden had a large net trade with Cayman Islands in the exports of Transportation ($3.23M), Foodstuffs ($176k), and Machines ($135k).

Economic Complexity

Competitive Landscape

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

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

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