2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195

About

In N/A, Armenia did not export any services to Cayman Islands.

Cayman Islands-Armenia Trade: In N/A, Cayman Islands exported $611 to Armenia. The main products that Cayman Islands exported to Armenia were N/A. Over the past N/A years the exports of Cayman Islands to Armenia have increased at an annualized rate of 2.5%,  from $540 in N/A to $611 in N/A.

In N/A, Cayman Islands did not export any services to Armenia.

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). 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

Armenia does not register exports to Cayman Islands.

In 2017, Cayman Islands exported $611 to Armenia. There were not main exports from Cayman Islands to Armenia in 2017. During the last 5 years the exports of Cayman Islands to Armenia have increased at an annualized rate of 2.5%, from $540 in 2022 to $611 in 2017.

Exports from Armenia (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Armenia (Flag) (2022)

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from Armenia than Cayman Islands included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Cayman Islands than Armenia included United Kingdom ($326M), Cyprus ($172M), and Grenada ($67.2M).

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

Comparative Advantage Armenia - Cayman Islands

Flow
Scale

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

During 2017, Cayman Islands had a large net trade with Armenia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Cayman Islands (Flag) (2022)

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