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2023
Flag → Flag
Exports $166MRnk 113 / 216
2023
Flag → Flag
Top Product $156MRecreational Boats
2023
Flag → Flag
Exports $4.39MRnk 69 / 78
2023
Flag → Flag
Top Product $209Low-voltage Protection Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Turkey-Cayman Islands Trade: In 2023, Turkey exported $166M to Cayman Islands. The main products that Turkey exported to Cayman Islands were Recreational Boats ($156M), Refined Petroleum ($6.89M), and Packaged Medicaments ($1.11M). Over the past 5 years the exports of Turkey to Cayman Islands have increased at an annualized rate of 12.6%, from $91.8M in 2018 to $166M in 2023.

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

Cayman Islands-Turkey In N/A, Cayman Islands did not export any products to Turkey.

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

Comparison In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62),  and 28 in total exports ($272B). 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, Turkey exported $166M to Cayman Islands. The main products exported from Turkey to Cayman Islands were Recreational Boats ($156M), Refined Petroleum ($6.89M), and Packaged Medicaments ($1.11M). During the last 5 years the exports of Turkey to Cayman Islands have increased at an annualized rate of 12.6%, from $91.8M in 2018 to $166M in 2023.

Cayman Islands does not register exports to Turkey. The main products exported from Cayman Islands to Turkey were Low-voltage Protection Equipment ($209), Boat Propellers ($110), and Electrical Parts ($70).

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Turkey than Cayman Islands included Germany ($24.7B), United States ($15.9B), and United Arab Emirates ($14.7B).

In 2023, countries that imported more from Cayman Islands than Turkey included Grenada ($67.2M).

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

Comparative Advantage Turkey - Cayman Islands

Flow
Scale

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

During 2023, Turkey had a large net trade with Cayman Islands in the exports of Transportation ($156M), Mineral Products ($6.89M), and Chemical Products ($1.23M).

Economic Complexity

Competitive Landscape

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

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

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