2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Trinidad and Tobago-Cayman Islands Trade: In 2022, Trinidad and Tobago exported $4.64M to Cayman Islands. The main products that Trinidad and Tobago exported to Cayman Islands were Rolled Tobacco ($1.73M), Insulated Wire ($1.11M), and Flavored Water ($1.04M). Over the past 5 years the exports of Trinidad and Tobago to Cayman Islands have decreased at an annualized rate of 36.8%, from $45.9M in 2017 to $4.64M in 2022.

In 2022, Trinidad and Tobago did not export any services to Cayman Islands.

Cayman Islands-Trinidad and Tobago Trade: In 2022, Cayman Islands exported $84.2k to Trinidad and Tobago. The main products that Cayman Islands exported to Trinidad and Tobago were Laboratory Reagents ($63.8k), Gold ($7.77k), and Silver ($5.54k). Over the past 5 years the exports of Cayman Islands to Trinidad and Tobago have decreased at an annualized rate of 34.3%,  from $690k in 2017 to $84.2k in 2022.

In 2022, Cayman Islands did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $4.64M to Cayman Islands. The main products exported from Trinidad and Tobago to Cayman Islands were Rolled Tobacco ($1.73M), Insulated Wire ($1.11M), and Flavored Water ($1.04M). During the last 5 years the exports of Trinidad and Tobago to Cayman Islands have decreased at an annualized rate of 36.8%, from $45.9M in 2017 to $4.64M in 2022.

In 2017, Cayman Islands exported $84.2k to Trinidad and Tobago. The main products exported from Cayman Islands to Trinidad and Tobago were Laboratory Reagents ($63.8k), Gold ($7.77k), and Silver ($5.54k). During the last 5 years the exports of Cayman Islands to Trinidad and Tobago have decreased at an annualized rate of 34.3%, from $690k in 2022 to $84.2k in 2017.

Exports from Trinidad and Tobago (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Cayman Islands (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Trinidad and Tobago than Cayman Islands included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Cayman Islands than Trinidad and Tobago included Norway ($163M), Seychelles ($121M), and Malta ($218M).

Difference in imports from Cayman Islands (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Cayman Islands

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Cayman Islands in the exports of Foodstuffs ($2.91M), Machines ($1.11M), and Miscellaneous ($357k).

During 2017, Cayman Islands had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($65.7k), Precious Metals ($13.3k), and Instruments ($3.89k).

Economic Complexity

Competitive Landscape

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

Product Space of Trinidad and Tobago (Flag) and Cayman Islands (Flag) (2022)

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