2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
 GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$97,750CURRENT US$
Rnk 6 / 196
2013-2023
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GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195

About

China-Cayman Islands Trade: In 2023, China exported $159M to Cayman Islands. The main products that China exported to Cayman Islands were Passenger and Cargo Ships ($87.8M), Railway Cargo Containers ($24.4M), and Refined Petroleum ($8.42M). Over the past 5 years the exports of China to Cayman Islands have increased at an annualized rate of 9.48%, from $101M in 2018 to $159M in 2023.

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

Cayman Islands-China Trade: In 2023, Cayman Islands exported $7.8k to China. The main products that Cayman Islands exported to China were Polyacetals ($5.56k), Beauty Products ($1.14k), and Hair Products ($546). Over the past 5 years the exports of Cayman Islands to China have decreased at an annualized rate of 41.9%,  from $117k in 2018 to $7.8k in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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

In 2023, China exported $159M to Cayman Islands. The main products exported from China to Cayman Islands were Passenger and Cargo Ships ($87.8M), Railway Cargo Containers ($24.4M), and Refined Petroleum ($8.42M). During the last 5 years the exports of China to Cayman Islands have increased at an annualized rate of 9.48%, from $101M in 2018 to $159M in 2023.

In 2018, Cayman Islands exported $7.8k to China. The main products exported from Cayman Islands to China were Polyacetals ($5.56k), Beauty Products ($1.14k), and Hair Products ($546). During the last 5 years the exports of Cayman Islands to China have decreased at an annualized rate of 41.9%, from $117k in 2023 to $7.8k in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from China than Cayman Islands included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

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

Comparative Advantage China - Cayman Islands

Flow
Scale

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

During 2023, China had a large net trade with Cayman Islands in the exports of Transportation ($119M), Machines ($11.1M), and Mineral Products ($8.46M).

During 2018, Cayman Islands had a large net trade with China in the exports of Plastics and Rubbers ($5.56k), Chemical Products ($1.68k), and Footwear and Headwear ($512).

Economic Complexity

Competitive Landscape

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

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

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