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Exports In 2022, Cayman Islands exported $71.2k in Electrical Control Boards, making it the 155th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 61st most exported product in Cayman Islands. The main destination of Electrical Control Boards exports from Cayman Islands are: United States ($37.5k), Thailand ($30.1k), United Kingdom ($2.35k), and Bahamas ($1.2k).

The fastest growing export markets for Electrical Control Boards of Cayman Islands between 2021 and 2022 were United States ($37.5k), Thailand ($30.1k), and Bahamas ($1.2k).

Imports In 2022, Cayman Islands imported $1.9M in Electrical Control Boards, becoming the 171st largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 129th most imported product in Cayman Islands. Cayman Islands imports Electrical Control Boards primarily from: United States ($1.48M), Canada ($194k), Germany ($97.6k), South Korea ($40.4k), and Japan ($17k).

The fastest growing import markets in Electrical Control Boards for Cayman Islands between 2021 and 2022 were Canada ($193k), Germany ($24.3k), and United Arab Emirates ($14.4k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electrical Control Boards. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.2k
IMPORTS (2022)$1.9M
NET TRADE (2022)-$1.83M

In 2022, Cayman Islands exported $71.2k in Electrical Control Boards. The main destinations of Cayman Islands exports on Electrical Control Boards were United States ($37.5k), Thailand ($30.1k), United Kingdom ($2.35k), and Bahamas ($1.2k).

In 2022, Cayman Islands imported $1.9M in Electrical Control Boards, mainly from United States ($1.48M), Canada ($194k), Germany ($97.6k), South Korea ($40.4k), and Japan ($17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Cayman Islands WERE (2021 - 2022):
United States$37.5k (1%)
Thailand$30.1k (1%)
Bahamas$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Cayman Islands WERE (2021 - 2022):
China-$21.5k (-100%)
United Kingdom-$9.29k (-79.8%)
Czechia-$2.68k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Cayman Islands's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Cayman Islands's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

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Electrical Control Boards’s highest export potential is N/A. With an export gap of N/A.   Electrical Control Boards’s highest import potential is N/A with an import gap of N/A.

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