2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 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

Estonia-Cayman Islands Trade: In 2023, Estonia exported $127k to Cayman Islands. The main products that Estonia exported to Cayman Islands were Light Fixtures ($85.6k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($26.6k), and Transmissions ($2.86k). Over the past 6 years the exports of Estonia to Cayman Islands have increased at an annualized rate of 62.4%, from $6.92k in 2017 to $127k in 2023.

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

Cayman Islands-Estonia Trade: In 2023, Cayman Islands exported $91 to Estonia. The main products that Cayman Islands exported to Estonia were Beauty Products ($58) and Hair Products ($33). Over the past 6 years the exports of Cayman Islands to Estonia have decreased at an annualized rate of 11.4%,  from $167 in 2017 to $91 in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). 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, Estonia exported $127k to Cayman Islands. The main products exported from Estonia to Cayman Islands were Light Fixtures ($85.6k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($26.6k), and Transmissions ($2.86k). During the last 6 years the exports of Estonia to Cayman Islands have increased at an annualized rate of 62.4%, from $6.92k in 2017 to $127k in 2023.

In 2018, Cayman Islands exported $91 to Estonia. The main products exported from Cayman Islands to Estonia were Beauty Products ($58) and Hair Products ($33). During the last 5 years the exports of Cayman Islands to Estonia have decreased at an annualized rate of 11.4%, from $167 in 2023 to $91 in 2018.

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

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

Latest Data

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

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from Estonia than Cayman Islands included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Cayman Islands than Estonia included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

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

Comparative Advantage Estonia - Cayman Islands

Flow
Scale

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

During 2023, Estonia had a large net trade with Cayman Islands in the exports of Miscellaneous ($85.6k), Textiles ($26.6k), and Machines ($9.27k).

During 2018, Cayman Islands had a large net trade with Estonia in the exports of Chemical Products ($91).

Economic Complexity

Competitive Landscape

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

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

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