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2023
Flag → Flag
Exports $856kRnk 167 / 206
2023
Flag → Flag
Top Product $455kElectrical Control Boards
2023
Flag → Flag
Exports $9.26kRnk 69 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Finland-Cayman Islands Trade: In 2023, Finland exported $856k to Cayman Islands. The main products that Finland exported to Cayman Islands were Electrical Control Boards ($455k), Iron Structures ($118k), and Electric Motor Parts ($47.9k). Over the past 5 years the exports of Finland to Cayman Islands have increased at an annualized rate of 34.5%, from $194k in 2018 to $856k in 2023.

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

Cayman Islands-Finland Trade: In 2023, Cayman Islands exported $9.26k to Finland. The main products that Cayman Islands exported to Finland were N/A. Over the past 5 years the exports of Cayman Islands to Finland have increased at an annualized rate of 149%,  from $96 in 2018 to $9.26k in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $856k to Cayman Islands. The main products exported from Finland to Cayman Islands were Electrical Control Boards ($455k), Iron Structures ($118k), and Electric Motor Parts ($47.9k). During the last 5 years the exports of Finland to Cayman Islands have increased at an annualized rate of 34.5%, from $194k in 2018 to $856k in 2023.

In 2017, Cayman Islands exported $9.26k to Finland. There were not main exports from Cayman Islands to Finland in 2017. During the last 5 years the exports of Cayman Islands to Finland have increased at an annualized rate of 149%, from $96 in 2022 to $9.26k in 2017.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationUnited States$9.68B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Finland than Cayman Islands included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

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

Comparative Advantage Finland - Cayman Islands

Flow
Scale

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

During 2023, Finland had a large net trade with Cayman Islands in the exports of Machines ($594k), Metals ($173k), and Plastics and Rubbers ($35.7k).

During 2017, Cayman Islands had a large net trade with Finland in the exports of .

Economic Complexity

Competitive Landscape

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

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

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