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2023
Flag → Flag
Exports $1.07MRnk 16 / 78
2023
Flag → Flag
Top Product $1.02MIntegrated Circuits
2023
Flag → Flag
Exports $9.18MRnk 162 / 221
2023
Flag → Flag
Top Product $5.93MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Cayman Islands-Brazil Trade: In 2023, Cayman Islands exported $1.07M to Brazil. The main products that Cayman Islands exported to Brazil were Integrated Circuits ($1.02M), Electrical Power Accessories ($17.8k), and Centrifuges ($17.1k). Over the past 5 years the exports of Cayman Islands to Brazil have decreased at an annualized rate of 37.9%, from $11.6M in 2018 to $1.07M in 2023.

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

Brazil-Cayman Islands Trade: In 2023, Brazil exported $9.18M to Cayman Islands. The main products that Brazil exported to Cayman Islands were Refined Petroleum ($5.93M), Poultry Meat ($478k), and Cars ($458k). Over the past 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 28.2%,  from $182M in 2018 to $9.18M in 2023.

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

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $1.07M to Brazil. The main products exported from Cayman Islands to Brazil were Integrated Circuits ($1.02M), Electrical Power Accessories ($17.8k), and Centrifuges ($17.1k). During the last 5 years the exports of Cayman Islands to Brazil have decreased at an annualized rate of 37.9%, from $11.6M in 2018 to $1.07M in 2023.

In 2018, Brazil exported $9.18M to Cayman Islands. The main products exported from Brazil to Cayman Islands were Refined Petroleum ($5.93M), Poultry Meat ($478k), and Cars ($458k). During the last 5 years the exports of Brazil to Cayman Islands have decreased at an annualized rate of 28.2%, from $182M in 2023 to $9.18M in 2018.

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

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

Latest Data

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

Brazil Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Cayman Islands than Brazil included Grenada ($67.2M).

In 2023, countries that imported more from Brazil than Cayman Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Cayman Islands - Brazil

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Brazil in the exports of Machines ($1.07M) and Plastics and Rubbers ($428).

During 2018, Brazil had a large net trade with Cayman Islands in the exports of Mineral Products ($5.93M), Transportation ($719k), and Foodstuffs ($673k).

Economic Complexity

Competitive Landscape

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

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

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