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2023
Flag → Flag
Exports $920kRnk 19 / 78
2023
Flag → Flag
Top Product $564kPrecious Metal Watches
2023
Flag → Flag
Exports $19MRnk 129 / 219
2023
Flag → Flag
Top Product $8.05MJewellery
2023
Flag
Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 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$99,565CURRENT US$
Rnk 5 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195

About

Cayman Islands-Switzerland Trade: In 2023, Cayman Islands exported $920k to Switzerland. The main products that Cayman Islands exported to Switzerland were Precious Metal Watches ($564k) and Base Metal Watches ($356k). Over the past 5 years the exports of Cayman Islands to Switzerland have increased at an annualized rate of 45.8%, from $140k in 2018 to $920k in 2023.

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

Switzerland-Cayman Islands Trade: In 2023, Switzerland exported $19M to Cayman Islands. The main products that Switzerland exported to Cayman Islands were Jewellery ($8.05M), Base Metal Watches ($4.38M), and Precious Metal Watches ($3.41M). Over the past 5 years the exports of Switzerland to Cayman Islands have decreased at an annualized rate of 2.58%,  from $21.6M in 2018 to $19M in 2023.

In 2023, Switzerland 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $920k to Switzerland. The main products exported from Cayman Islands to Switzerland were Precious Metal Watches ($564k) and Base Metal Watches ($356k). During the last 5 years the exports of Cayman Islands to Switzerland have increased at an annualized rate of 45.8%, from $140k in 2018 to $920k in 2023.

In 2018, Switzerland exported $19M to Cayman Islands. The main products exported from Switzerland to Cayman Islands were Jewellery ($8.05M), Base Metal Watches ($4.38M), and Precious Metal Watches ($3.41M). During the last 5 years the exports of Switzerland to Cayman Islands have decreased at an annualized rate of 2.58%, from $21.6M in 2023 to $19M in 2018.

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

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

Latest Data

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

Switzerland Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Switzerland
Top DestinationGermany$53.8B

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

In 2023, countries that imported more from Cayman Islands than Switzerland included Cyprus ($172M), Grenada ($67.2M), and Barbados ($15.4M).

In 2023, countries that imported more from Switzerland than Cayman Islands included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

Comparative Advantage Cayman Islands - Switzerland

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Switzerland in the exports of Instruments ($920k).

During 2018, Switzerland had a large net trade with Cayman Islands in the exports of Instruments ($8.28M), Precious Metals ($8.05M), and Arts and Antiques ($1.28M).

Economic Complexity

Competitive Landscape

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

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

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