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Pricing

2023
Flag → Flag
Exports $4.99MRnk 180 / 220
2023
Flag → Flag
Top Product $1.48MUnglazed Ceramics
2023
Flag → Flag
Exports $80.5kRnk 32 / 78
2023
Flag → Flag
Top Product $33.5kOther Rubber Products
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Spain-Cayman Islands Trade: In 2023, Spain exported $4.99M to Cayman Islands. The main products that Spain exported to Cayman Islands were Unglazed Ceramics ($1.48M), Other Furniture ($695k), and Awnings, Tents, and Sails ($541k). Over the past 5 years the exports of Spain to Cayman Islands have decreased at an annualized rate of 34.1%, from $40.1M in 2018 to $4.99M in 2023.

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

Cayman Islands-Spain Trade: In 2023, Cayman Islands exported $80.5k to Spain. The main products that Cayman Islands exported to Spain were Other Rubber Products ($33.5k), Awnings, Tents, and Sails ($24.4k), and Pulley Systems ($3.47k). Over the past 5 years the exports of Cayman Islands to Spain have decreased at an annualized rate of 21%,  from $262k in 2018 to $80.5k in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €253k and imported €1.3k from Cayman Islands, resulting in a positive trade balance of €252k. Between November 2023 and November 2024 the exports of Spain have decreased by €-174k (-40.8%) from €427k to €253k, while imports increased by €827 (175%) from €473 to €1.3k.

Trade In November 2024, the top exports of Spain to Cayman Islands were Other Sea Vessels (€63.9M), Machinery Having Individual Functions (€274k), Other Furniture (€175k), Computers (€161k), and Unglazed Ceramics (€35.1k). In November 2024 the top imports of Spain from Cayman Islands were Knit Men's Undergarments (€184).

Origins In November 2024 the exports of Spain were mainly from Castellón (€115k), Madrid (€64.7k), Barcelona (€40.3k), Sin provincia asignada (€20.2k), and Álava (€8.2k), while imports destinations were mainly Cádiz (€1.3k).

Growth In November 2024, the decrease in Spain's year-by-year exports to Cayman Islands was explained primarily by an decrease in product exports in Commodities not elsewhere specified (€-15.4k or -65.8%), Laboratory Reagents (€-10.3k or -93.2%), and Building Stone (€-4.65k or -96.5%). In November 2024, the increase in Spain's year-by-year imports  from Cayman Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-174k(-40.8%)
IMPORT GROWTH (November 2023 - November 2024)€827(175%)
MAIN EXPORTER (November 2024)Castellón€115k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Cayman Islands and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cayman Islands and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $4.99M to Cayman Islands. The main products exported from Spain to Cayman Islands were Unglazed Ceramics ($1.48M), Other Furniture ($695k), and Awnings, Tents, and Sails ($541k). During the last 5 years the exports of Spain to Cayman Islands have decreased at an annualized rate of 34.1%, from $40.1M in 2018 to $4.99M in 2023.

In 2018, Cayman Islands exported $80.5k to Spain. The main products exported from Cayman Islands to Spain were Other Rubber Products ($33.5k), Awnings, Tents, and Sails ($24.4k), and Pulley Systems ($3.47k). During the last 5 years the exports of Cayman Islands to Spain have decreased at an annualized rate of 21%, from $262k in 2023 to $80.5k in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Spain than Cayman Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Cayman Islands than Spain included Grenada ($67.2M) and Belize ($9.88M).

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

Comparative Advantage Spain - Cayman Islands

Flow
Scale

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

During 2023, Spain had a large net trade with Cayman Islands in the exports of Stone And Glass ($1.77M), Miscellaneous ($848k), and Foodstuffs ($588k).

During 2018, Cayman Islands had a large net trade with Spain in the exports of Plastics and Rubbers ($34.4k), Textiles ($28.8k), and Machines ($7.36k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Cayman Islands. This means that a dot/product with the flag of Spain 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 Spain.

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

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