2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195

About

Cyprus-Cayman Islands Trade: In 2023, Cyprus exported $1.48k to Cayman Islands. The main products that Cyprus exported to Cayman Islands were Shaped Paper ($1.48k). Over the past 5 years the exports of Cyprus to Cayman Islands have decreased at an annualized rate of 92.8%, from $749M in 2018 to $1.48k in 2023.

In 2023, Cyprus did not export any services to Cayman Islands.

Cayman Islands-Cyprus Trade: In 2023, Cayman Islands exported $172M to Cyprus. The main products that Cayman Islands exported to Cyprus were Recreational Boats ($172M), Trailers and semi-trailers, not mechanically propelled vehicles ($16.1k), and Rubber Stamps ($74). Over the past 5 years the exports of Cayman Islands to Cyprus have decreased at an annualized rate of 13.8%,  from $361M in 2018 to $172M in 2023.

In 2023, Cayman Islands did not export any services to Cyprus.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B). That same year, Cayman Islands ranked 165 in total exports ($818M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $1.48k to Cayman Islands. The main products exported from Cyprus to Cayman Islands were Shaped Paper ($1.48k). During the last 5 years the exports of Cyprus to Cayman Islands have decreased at an annualized rate of 92.8%, from $749M in 2018 to $1.48k in 2023.

In 2018, Cayman Islands exported $172M to Cyprus. The main products exported from Cayman Islands to Cyprus were Recreational Boats ($172M), Trailers and semi-trailers, not mechanically propelled vehicles ($16.1k), and Rubber Stamps ($74). During the last 5 years the exports of Cayman Islands to Cyprus have decreased at an annualized rate of 13.8%, from $361M in 2023 to $172M in 2018.

Exports from Cyprus (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Cyprus (Flag) (2023)

Latest Data

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

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from Cyprus than Cayman Islands included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Cayman Islands than Cyprus included Grenada ($67.2M), United Kingdom ($326M), and Malta ($38.9M).

Difference in imports from Cayman Islands (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Cayman Islands

Flow
Scale

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

During 2023, Cyprus had a large net trade with Cayman Islands in the exports of Paper Goods ($1.48k).

During 2018, Cayman Islands had a large net trade with Cyprus in the exports of Transportation ($172M), Miscellaneous ($74), and Chemical Products ($50).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Cayman Islands (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with