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2023
Flag → Flag
Exports $9.18MRnk 162 / 221
2023
Flag → Flag
Top Product $5.93MRefined Petroleum
2023
Flag → Flag
Exports $1.07MRnk 16 / 78
2023
Flag → Flag
Top Product $1.02MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Brazil-Cayman Islands Trade: In 2023, Brazil exported $9.18M to Cayman Islands. The main products that Brazil exported to Cayman Islands were Refined Petroleum ($5.93M), Poultry Meat ($478k), and Cars ($458k). Over the past 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 44.9%, from $182M in 2018 to $9.18M in 2023.

In 2023, Brazil did not export any services to Cayman Islands.

Cayman Islands-Brazil Trade: In 2023, Cayman Islands exported $1.07M to Brazil. The main products that Cayman Islands exported to Brazil were Integrated Circuits ($1.02M), Electrical Power Accessories ($17.8k), and Centrifuges ($17.1k). Over the past 5 years the exports of Cayman Islands to Brazil have decreased at an annualized rate of 37.9%,  from $11.6M in 2018 to $1.07M in 2023.

In 2023, Cayman Islands did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $1.43M and imported $930 from Cayman Islands, resulting in a positive trade balance of $1.43M. Between December 2023 and December 2024 the exports of Brazil have increased by $719k (101%) from $714k to $1.43M, while imports decreased by $-662 (-41.6%) from $1.59k to $930.

Trade In December 2024, the top exports of Brazil to Cayman Islands were Planes, Helicopters, and/or Spacecraft ($71.9M), Refined Petroleum ($774k), Recreational Boats ($272k), Poultry Meat ($45k), and Rubber Tires ($19.5k). In December 2024 the top imports of Brazil from Cayman Islands were Electrical Control Boards ($28.7k), Integrated Circuits ($8.05k), and Office Machine Parts ($205).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($781k), Paraná ($315k), Espírito Santo ($179k), Rio Grande do Sul ($119k), and Rio de Janeiro ($14.4k), while imports destinations were mainly Amazonas ($930).

Growth In December 2024, the increase in Brazil's year-by-year exports to Cayman Islands was explained primarily by an increase in product exports in Refined Petroleum ($444k or 135%), Poultry Meat ($40.6k or 923%), and Coconuts, Brazil Nuts, and Cashews ($82 or 683%). In December 2024, the decrease in Brazil's year-by-year imports  from Cayman Islands was explained primarily by an decrease in product imports  in Integrated Circuits ($-319k or -97.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$719k(101%)
IMPORT GROWTH (December 2023 - December 2024)$-662(-41.6%)
MAIN EXPORTER (December 2024)São Paulo$781k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Cayman Islands and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $9.18M to Cayman Islands. The main products exported from Brazil to Cayman Islands were Refined Petroleum ($5.93M), Poultry Meat ($478k), and Cars ($458k). During the last 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 44.9%, from $182M in 2018 to $9.18M in 2023.

In 2018, Cayman Islands exported $1.07M to Brazil. The main products exported from Cayman Islands to Brazil were Integrated Circuits ($1.02M), Electrical Power Accessories ($17.8k), and Centrifuges ($17.1k). During the last 5 years the exports of Cayman Islands to Brazil have decreased at an annualized rate of 37.9%, from $11.6M in 2023 to $1.07M in 2018.

Exports from Brazil (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Brazil than Cayman Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Cayman Islands than Brazil included Grenada ($67.2M).

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

Comparative Advantage Brazil - Cayman Islands

Flow
Scale

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

During 2023, Brazil had a large net trade with Cayman Islands in the exports of Mineral Products ($5.93M), Transportation ($719k), and Foodstuffs ($673k).

During 2018, Cayman Islands had a large net trade with Brazil in the exports of Machines ($1.07M) and Plastics and Rubbers ($428).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Cayman Islands (Flag) (2023)

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