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The Cayman Islands is the 159th largest export economy in the world. In 2017, the Cayman Islands exported $588M and imported $3.33B, resulting in a negative trade balance of $2.74B.

The top exports of the Cayman Islands are Recreational Boats ($513M), Gold ($26.8M), Refined Petroleum ($11.3M), Planes, Helicopters, and/or Spacecraft ($4.92M) and Telephones ($4.27M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Recreational Boats ($1.52B), Passenger and Cargo Ships ($857M), Refined Petroleum ($252M), Sulfate Chemical Woodpulp ($130M) and Uncoated Paper ($99M).

The top export destinations of the Cayman Islands are the Netherlands ($480M), the United Kingdom ($28.3M), France ($14.1M), Greece ($13.4M) and Australia ($13.1M). The top import origins are Germany ($718M), the Netherlands ($686M), South Korea ($623M), the United States ($510M) and Brazil ($241M).

The Cayman Islands borders Panama, Brazil, Ecuador, Peru and Venezuela by land and Cuba, Honduras, Jamaica and Colombia by sea.

Economic Complexity of the Cayman Islands

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