2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Cayman Islands-Austria Trade: In 2022, Cayman Islands exported $2.32k to Austria. The main products that Cayman Islands exported to Austria were Other Pure Vegetable Oils ($773), Paintings ($695), and Vaccines, blood, antisera, toxins and cultures ($596). Over the past 5 years the exports of Cayman Islands to Austria have decreased at an annualized rate of 41.6%, from $34.2k in 2017 to $2.32k in 2022.

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

Austria-Cayman Islands Trade: In 2022, Austria exported $1.2M to Cayman Islands. The main products that Austria exported to Cayman Islands were Interior Decorative Glassware ($441k), Flavored Water ($233k), and Cars ($167k). Over the past 5 years the exports of Austria to Cayman Islands have increased at an annualized rate of 1.41%,  from $1.12M in 2017 to $1.2M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $2.32k to Austria. The main products exported from Cayman Islands to Austria were Other Pure Vegetable Oils ($773), Paintings ($695), and Vaccines, blood, antisera, toxins and cultures ($596). During the last 5 years the exports of Cayman Islands to Austria have decreased at an annualized rate of 41.6%, from $34.2k in 2017 to $2.32k in 2022.

In 2017, Austria exported $1.2M to Cayman Islands. The main products exported from Austria to Cayman Islands were Interior Decorative Glassware ($441k), Flavored Water ($233k), and Cars ($167k). During the last 5 years the exports of Austria to Cayman Islands have increased at an annualized rate of 1.41%, from $1.12M in 2022 to $1.2M in 2017.

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

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

Latest Data

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

Austria Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Austria
Top Destination
Germany$57.7B

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

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

In 2022, countries that imported more from Austria than Cayman Islands included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Cayman Islands - Austria

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Austria in the exports of Animal and Vegetable Bi-Products ($773), Arts and Antiques ($695), and Chemical Products ($596).

During 2017, Austria had a large net trade with Cayman Islands in the exports of Stone And Glass ($441k), Foodstuffs ($365k), and Transportation ($178k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Austria (Flag) (2022)

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