Bermuda (BMU) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

About

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

Cayman Islands-Bermuda Trade: In N/A, Cayman Islands exported $8.9k to Bermuda. The main products that Cayman Islands exported to Bermuda were Other Knit Garments ($3k), Vaccines, blood, antisera, toxins and cultures ($2.85k), and Other Plastic Products ($1.98k). Over the past N/A years the exports of Cayman Islands to Bermuda have decreased at an annualized rate of 53.9%, from $427k in N/A to $8.9k in N/A.

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

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Bermuda does not register exports to Cayman Islands.

In 2017, Cayman Islands exported $8.9k to Bermuda. The main products exported from Cayman Islands to Bermuda were Other Knit Garments ($3k), Vaccines, blood, antisera, toxins and cultures ($2.85k), and Other Plastic Products ($1.98k). During the last 5 years the exports of Cayman Islands to Bermuda have decreased at an annualized rate of 53.9%, from $427k in 2022 to $8.9k in 2017.

Exports from Bermuda () to Cayman Islands () (2022)

Exports from Cayman Islands () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Cayman Islands ()

Bermuda Exports

Date

Oct 2017

Dec 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Bermuda than Cayman Islands included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from Cayman Islands than Bermuda included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands () and Bermuda () (2022)

Comparative Advantage Bermuda - Cayman Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Cayman Islands had a large net trade with Bermuda in the exports of Textiles ($3.06k), Chemical Products ($2.88k), and Plastics and Rubbers ($1.98k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Cayman Islands () (2022)

Exports from Cayman Islands () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Cayman Islands ()

Bermuda Exports

Market Competitiveness

Difference in imports from Cayman Islands () and Bermuda () (2022)

Comparative Advantage Bermuda - Cayman Islands

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Cayman Islands () (2022)

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