Cayman Islands (CYM) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

Cayman Islands-Armenia Trade: In 2022, Cayman Islands exported $562 to Armenia. The main products that Cayman Islands exported to Armenia were Pasta ($562). Over the past 17 years the exports of Cayman Islands to Armenia have decreased at an annualized rate of 24.8%, from $71.8k in 2005 to $562 in 2022.

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

Armenia-Cayman Islands In false, Armenia did not export any products to Cayman Islands.

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $562 to Armenia. The main products exported from Cayman Islands to Armenia were Pasta ($562). During the last 17 years the exports of Cayman Islands to Armenia have decreased at an annualized rate of 24.8%, from $71.8k in 2005 to $562 in 2022.

Armenia does not register exports to Cayman Islands.

Exports from Cayman Islands () to Armenia () (2022)

Exports from Armenia () to Cayman Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Cayman Islands than Armenia included Malta ($218M), Norway ($163M), and Seychelles ($121M).

In 2022, countries that imported more from Armenia than Cayman Islands included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Armenia in the exports of Foodstuffs ($562).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Armenia () (2022)

Exports from Armenia () to Cayman Islands () (2022)

Market Competitiveness

Difference in imports from Armenia () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Armenia

Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Armenia () (2022)

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