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Pricing

2023
Flag → Flag
Exports $962MRnk 85 / 220
2023
Flag → Flag
Top Product $236MRefined Petroleum
2023
Flag → Flag
Exports $13.3MRnk 9 / 78
2023
Flag → Flag
Top Product $5.24MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

United States-Cayman Islands Trade: In 2023, United States exported $962M to Cayman Islands. The main products that United States exported to Cayman Islands were Refined Petroleum ($236M), Cars ($25.9M), and Other Furniture ($20.6M). Over the past 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 8.92%, from $627M in 2018 to $962M in 2023.

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

Cayman Islands-United States Trade: In 2023, Cayman Islands exported $13.3M to United States. The main products that Cayman Islands exported to United States were Broadcasting Equipment ($5.24M), Scrap Iron ($1.2M), and Other Measuring Instruments ($1.18M). Over the past 5 years the exports of Cayman Islands to United States have decreased at an annualized rate of 0.93%,  from $14M in 2018 to $13.3M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Celebrity Cruises (179) and Pernod Ricard (1) were at the forefront of exporting goods from Cayman Islands to the United States. Conversely, Celebrity Cruises Inc. (178), Unknown (1), and Other (1) were notable for importing products to Cayman Islands from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $103M and imported $19.6M from Cayman Islands, resulting in a positive trade balance of $83.4M. Between November 2023 and November 2024 the exports of United States have decreased by $-19M (-15.6%) from $122M to $103M, while imports increased by $16.7M (574%) from $2.91M to $19.6M.

Trade In November 2024, the top exports of United States to Cayman Islands were Commodities not elsewhere specified ($25M), Refined Petroleum ($21.4M), Cars ($2.04M), Other Furniture ($1.85M), and Jewellery ($1.09M). In November 2024 the top imports of United States from Cayman Islands were Telephones ($1.32M), Commodities not elsewhere specified ($978k), Other Measuring Instruments ($479k), Scrap Iron ($92.2k), and Scrap Aluminium ($56.5k).

Origins In November 2024 the exports of United States were mainly from Florida ($43.7M), Texas ($7.24M), US Virgin Islands ($6.2M), New York ($4.02M), and Georgia ($2.01M), while imports destinations were mainly Puerto Rico ($17.2M), Idaho ($1.43M), Florida ($511k), and New York ($136k).

Growth In November 2024, the decrease in United States's year-by-year exports to Cayman Islands was explained primarily by an decrease in product exports in Refined Petroleum ($-21.1M or -49.7%), Commodities not elsewhere specified ($-6.05M or -19.5%), and Coin ($-2.78M or -93.6%). In November 2024, the increase in United States's year-by-year imports  from Cayman Islands was explained primarily by an increase in product imports  in Other Measuring Instruments ($11.5k or 2.46%) and Electric Batteries ($4.29k or 135%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-19M(-15.6%)
IMPORT GROWTH (November 2023 - November 2024)$16.7M(574%)
MAIN EXPORTER (November 2024)Florida$43.7M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $962M to Cayman Islands. The main products exported from United States to Cayman Islands were Refined Petroleum ($236M), Cars ($25.9M), and Other Furniture ($20.6M). During the last 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 8.92%, from $627M in 2018 to $962M in 2023.

In 2018, Cayman Islands exported $13.3M to United States. The main products exported from Cayman Islands to United States were Broadcasting Equipment ($5.24M), Scrap Iron ($1.2M), and Other Measuring Instruments ($1.18M). During the last 5 years the exports of Cayman Islands to United States have decreased at an annualized rate of 0.93%, from $14M in 2023 to $13.3M in 2018.

Exports from United States (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from United States than Cayman Islands included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Cayman Islands than United States included Cyprus ($172M).

Difference in imports from Cayman Islands (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Cayman Islands

Flow
Scale

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

During 2023, United States had a large net trade with Cayman Islands in the exports of Mineral Products ($247M), Machines ($165M), and Foodstuffs ($69.5M).

During 2018, Cayman Islands had a large net trade with United States in the exports of Machines ($7.37M), Metals ($2.56M), and Instruments ($1.56M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Cayman Islands (Flag) (2023)

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