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2023
Flag → Flag
Exports $9.19MRnk 92 / 183
2023
Flag → Flag
Top Product $8.31MAluminium Structures
2023
Flag → Flag
Exports $2.07MRnk 58 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Colombia-Cayman Islands Trade: In 2023, Colombia exported $9.19M to Cayman Islands. The main products that Colombia exported to Cayman Islands were Aluminium Structures ($8.31M), Sand ($256k), and Iron Structures ($245k). Over the past 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 44%, from $1.48M in 2018 to $9.19M in 2023.

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

Cayman Islands-Colombia Trade: In 2023, Cayman Islands exported $2.07M to Colombia. The main products that Cayman Islands exported to Colombia were N/A. Over the past 5 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 84.9%,  from $96k in 2018 to $2.07M in 2023.

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

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). 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, Colombia exported $9.19M to Cayman Islands. The main products exported from Colombia to Cayman Islands were Aluminium Structures ($8.31M), Sand ($256k), and Iron Structures ($245k). During the last 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 44%, from $1.48M in 2018 to $9.19M in 2023.

In 2017, Cayman Islands exported $2.07M to Colombia. There were not main exports from Cayman Islands to Colombia in 2017. During the last 5 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 84.9%, from $96k in 2022 to $2.07M in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
Cayman Islands
Top DestinationUnited Kingdom$326M

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

In 2023, countries that imported more from Colombia than Cayman Islands included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Cayman Islands than Colombia included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

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

Comparative Advantage Colombia - Cayman Islands

Flow
Scale

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

During 2023, Colombia had a large net trade with Cayman Islands in the exports of Metals ($8.58M), Mineral Products ($256k), and Miscellaneous ($112k).

During 2017, Cayman Islands had a large net trade with Colombia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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