India (IND) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

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India-Cayman Islands Trade: In 2022, India exported $4.15M to Cayman Islands. The main products that India exported to Cayman Islands were Packaged Medicaments ($1.51M), Medical Instruments ($1.26M), and Toilet Paper ($398k). Over the past 5 years the exports of India to Cayman Islands have increased at an annualized rate of 103%, from $120k in 2017 to $4.15M in 2022.

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

Cayman Islands-India Trade: In 2022, Cayman Islands exported $5.23M to India. The main products that Cayman Islands exported to India were Electrical Power Accessories ($882) and Integrated Circuits ($42). Over the past 5 years the exports of Cayman Islands to India have increased at an annualized rate of 190%, from $25.5k in 2017 to $5.23M in 2022.

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

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, India exported $N/A and imported $N/A from Cayman Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Cayman Islands were Drug Formulations, Biologicals ($75.5k), Medical And Scientific Instrum ($35.5k), Surgicals ($32.3k), Rice -Basmoti ($24.2k), and Electronics Instruments ($20.1k). In N/A the top imports of India from Cayman Islands were .

Growth In N/A, the N/A in India's year-by-year exports to Cayman Islands was explained primarily by an decrease in product exports in Paper, Paper Board And Product ($-66.3k or -98.5%), Drug Formulations, Biologicals ($-60.2k or -44.3%), and Other Commodities ($-43.9k or -98.6%). In N/A, the N/A in India's year-by-year imports from Cayman Islands was explained primarily by an decrease in product imports in .

Latest Trade

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

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

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Historical Data

Bilateral Trade by Products

Depth

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HS4

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In 2022, India exported $4.15M to Cayman Islands. The main products exported from India to Cayman Islands were Packaged Medicaments ($1.51M), Medical Instruments ($1.26M), and Toilet Paper ($398k). During the last 5 years the exports of India to Cayman Islands have increased at an annualized rate of 103%, from $120k in 2017 to $4.15M in 2022.

In 2017, Cayman Islands exported $5.23M to India. The main products exported from Cayman Islands to India were Electrical Power Accessories ($882) and Integrated Circuits ($42). During the last 19 years the exports of Cayman Islands to India have increased at an annualized rate of 190%, from $25.5k in 1998 to $5.23M in 2017.

Exports from India () to Cayman Islands () (2022)

Exports from Cayman Islands () to India () (2022)

Market Competitiveness

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Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from India than Cayman Islands included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Difference in imports from Cayman Islands () and India () (2022)

Comparative Advantage India - Cayman Islands

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HS4

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

During 2022, India had a large net trade with Cayman Islands in the exports of Chemical Products ($2.35M), Instruments ($1.54M), and Textiles ($492k).

During 2017, Cayman Islands had a large net trade with India in the exports of Machines ($924).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from India () to Cayman Islands () (2022)

Exports from Cayman Islands () to India () (2022)

Market Competitiveness

Difference in imports from Cayman Islands () and India () (2022)

Comparative Advantage India - Cayman Islands

Economic Complexity

Competitive Landscape

Product Space of India () and Cayman Islands () (2022)

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