2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Cayman Islands Trade: In 2022, Colombia exported $8.9M to Cayman Islands. The main products that Colombia exported to Cayman Islands were Aluminium Structures ($7.85M), Sand ($514k), and Electric Batteries ($118k). Over the past 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 71.1%, from $606k in 2017 to $8.9M in 2022.

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

Cayman Islands-Colombia Trade: In 2022, Cayman Islands exported $1.8M to Colombia. The main products that Cayman Islands exported to Colombia were Scrap Iron ($1.8M) and Knit T-shirts ($3.06k). Over the past 5 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 38.5%,  from $96k in 2017 to $1.8M in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $8.9M to Cayman Islands. The main products exported from Colombia to Cayman Islands were Aluminium Structures ($7.85M), Sand ($514k), and Electric Batteries ($118k). During the last 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 71.1%, from $606k in 2017 to $8.9M in 2022.

In 2017, Cayman Islands exported $1.8M to Colombia. The main products exported from Cayman Islands to Colombia were Scrap Iron ($1.8M) and Knit T-shirts ($3.06k). During the last 5 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 38.5%, from $96k in 2022 to $1.8M in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Cayman Islands
Top Destination
Malta$218M

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 2022, countries that imported more from Colombia than Cayman Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

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

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 2022, Colombia had a large net trade with Cayman Islands in the exports of Metals ($7.88M), Mineral Products ($516k), and Machines ($120k).

During 2017, Cayman Islands had a large net trade with Colombia in the exports of Metals ($1.8M) and Textiles ($3.06k).

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) (2022)

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