2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 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 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 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, Bermuda did not export any services to Cayman Islands.

Cayman Islands-Bermuda Trade: In N/A, Cayman Islands exported $8.92k to Bermuda. The main products that Cayman Islands exported to Bermuda were N/A. 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 $8.92k in N/A.

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

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M). That same year, Cayman Islands ranked 165 in total exports ($818M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Bermuda does not register exports to Cayman Islands.

In 2017, Cayman Islands exported $8.92k to Bermuda. There were not main exports from Cayman Islands to Bermuda in 2017. 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 $8.92k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Cayman Islands (Flag)

Bermuda Exports

Date

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Cayman Islands
Top Destination
United Kingdom$326M

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 2023, countries that imported more from Bermuda than Cayman Islands included South Africa ($96.3M), Netherlands ($37.9M), and Germany ($101M).

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

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

Comparative Advantage Bermuda - Cayman Islands

Flow
Scale

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 .

Economic Complexity

Competitive Landscape

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.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with