2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Cayman Islands-South Africa Trade: In 2022, Cayman Islands exported $56k to South Africa. The main products that Cayman Islands exported to South Africa were Aircraft parts (gliders, balloons, and powered aircraft) ($53.3k), Paper Containers ($530), and Computers ($486). Over the past 5 years the exports of Cayman Islands to South Africa have decreased at an annualized rate of 5.56%, from $74.6k in 2017 to $56k in 2022.

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

South Africa-Cayman Islands Trade: In 2022, South Africa exported $704k to Cayman Islands. The main products that South Africa exported to Cayman Islands were Wine ($271k), Refined Petroleum ($250k), and Fruit Juice ($55.8k). Over the past 5 years the exports of South Africa to Cayman Islands have decreased at an annualized rate of 30.4%,  from $4.32M in 2017 to $704k in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $56k to South Africa. The main products exported from Cayman Islands to South Africa were Aircraft parts (gliders, balloons, and powered aircraft) ($53.3k), Paper Containers ($530), and Computers ($486). During the last 5 years the exports of Cayman Islands to South Africa have decreased at an annualized rate of 5.56%, from $74.6k in 2017 to $56k in 2022.

In 2017, South Africa exported $704k to Cayman Islands. The main products exported from South Africa to Cayman Islands were Wine ($271k), Refined Petroleum ($250k), and Fruit Juice ($55.8k). During the last 5 years the exports of South Africa to Cayman Islands have decreased at an annualized rate of 30.4%, from $4.32M in 2022 to $704k in 2017.

Exports from Cayman Islands (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
South Africa
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from South Africa than Cayman Islands included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - South Africa

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with South Africa in the exports of Transportation ($53.3k), Machines ($814), and Paper Goods ($645).

During 2017, South Africa had a large net trade with Cayman Islands in the exports of Foodstuffs ($364k), Mineral Products ($250k), and Miscellaneous ($31.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and South Africa (Flag) (2022)

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