2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Cayman Islands-United Arab Emirates Trade: In 2022, Cayman Islands exported $77.7k to United Arab Emirates. The main products that Cayman Islands exported to United Arab Emirates were Refined Petroleum ($71.4k), Other Edible Preparations ($5.76k), and Plastic Housewares ($523). Over the past 5 years the exports of Cayman Islands to United Arab Emirates have increased at an annualized rate of 18.8%, from $32.8k in 2017 to $77.7k in 2022.

In 2022, Cayman Islands did not export any services to United Arab Emirates.

United Arab Emirates-Cayman Islands Trade: In 2022, United Arab Emirates exported $360k to Cayman Islands. The main products that United Arab Emirates exported to Cayman Islands were Motor vehicles; parts and accessories (8701 to 8705) ($108k), Refined Petroleum ($80.4k), and Cars ($48.2k). Over the past 5 years the exports of United Arab Emirates to Cayman Islands have increased at an annualized rate of 12.6%,  from $110k in 2017 to $360k in 2022.

In 2022, United Arab Emirates did not export any services to Cayman Islands.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $77.7k to United Arab Emirates. The main products exported from Cayman Islands to United Arab Emirates were Refined Petroleum ($71.4k), Other Edible Preparations ($5.76k), and Plastic Housewares ($523). During the last 5 years the exports of Cayman Islands to United Arab Emirates have increased at an annualized rate of 18.8%, from $32.8k in 2017 to $77.7k in 2022.

In 2017, United Arab Emirates exported $360k to Cayman Islands. The main products exported from United Arab Emirates to Cayman Islands were Motor vehicles; parts and accessories (8701 to 8705) ($108k), Refined Petroleum ($80.4k), and Cars ($48.2k). During the last 5 years the exports of United Arab Emirates to Cayman Islands have increased at an annualized rate of 12.6%, from $110k in 2022 to $360k in 2017.

Exports from Cayman Islands (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Cayman Islands than United Arab Emirates included Malta ($218M), Grenada ($62.6M), and Barbados ($6.01M).

In 2022, countries that imported more from United Arab Emirates than Cayman Islands included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - United Arab Emirates

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with United Arab Emirates in the exports of Mineral Products ($71.4k), Foodstuffs ($5.76k), and Plastics and Rubbers ($523).

During 2017, United Arab Emirates had a large net trade with Cayman Islands in the exports of Transportation ($179k), Mineral Products ($80.4k), and Chemical Products ($34.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and United Arab Emirates. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Cayman Islands.

Product Space of Cayman Islands (Flag) and United Arab Emirates (Flag) (2022)

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