2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Switzerland-Cayman Islands Trade: In 2022, Switzerland exported $89.2M to Cayman Islands. The main products that Switzerland exported to Cayman Islands were Diamonds ($66.3M), Base Metal Watches ($7.42M), and Jewellery ($6.94M). Over the past 5 years the exports of Switzerland to Cayman Islands have increased at an annualized rate of 36%, from $19.1M in 2017 to $89.2M in 2022.

In 2022, Switzerland did not export any services to Cayman Islands.

Cayman Islands-Switzerland Trade: In 2022, Cayman Islands exported $995k to Switzerland. The main products that Cayman Islands exported to Switzerland were Paintings ($764k), Aircraft Parts ($204k), and Base Metal Watches ($26.3k). Over the past 5 years the exports of Cayman Islands to Switzerland have increased at an annualized rate of 33.1%,  from $238k in 2017 to $995k in 2022.

In 2022, Cayman Islands did not export any services to Switzerland.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $89.2M to Cayman Islands. The main products exported from Switzerland to Cayman Islands were Diamonds ($66.3M), Base Metal Watches ($7.42M), and Jewellery ($6.94M). During the last 5 years the exports of Switzerland to Cayman Islands have increased at an annualized rate of 36%, from $19.1M in 2017 to $89.2M in 2022.

In 2017, Cayman Islands exported $995k to Switzerland. The main products exported from Cayman Islands to Switzerland were Paintings ($764k), Aircraft Parts ($204k), and Base Metal Watches ($26.3k). During the last 5 years the exports of Cayman Islands to Switzerland have increased at an annualized rate of 33.1%, from $238k in 2022 to $995k in 2017.

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

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

Latest Data

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

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Switzerland than Cayman Islands included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Cayman Islands than Switzerland included Seychelles ($121M), Malta ($218M), and Grenada ($62.6M).

Difference in imports from Cayman Islands (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Cayman Islands

Flow
Scale

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

During 2022, Switzerland had a large net trade with Cayman Islands in the exports of Precious Metals ($73.6M), Instruments ($14.3M), and Transportation ($309k).

During 2017, Cayman Islands had a large net trade with Switzerland in the exports of Arts and Antiques ($764k), Transportation ($204k), and Instruments ($26.3k).

Economic Complexity

Competitive Landscape

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

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

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