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2023
Flag → Flag
Exports $7.8kRnk 50 / 78
2023
Flag → Flag
Top Product $5.56kPolyacetals
2023
Flag → Flag
Exports $159MRnk 168 / 208
2023
Flag → Flag
Top Product $87.8MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 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$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Cayman Islands-China Trade: In 2023, Cayman Islands exported $7.8k to China. The main products that Cayman Islands exported to China were Polyacetals ($5.56k), Beauty Products ($1.14k), and Hair Products ($546). Over the past 5 years the exports of Cayman Islands to China have decreased at an annualized rate of 41.9%, from $117k in 2018 to $7.8k in 2023.

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

China-Cayman Islands Trade: In 2023, China exported $159M to Cayman Islands. The main products that China exported to Cayman Islands were Passenger and Cargo Ships ($87.8M), Railway Cargo Containers ($24.4M), and Refined Petroleum ($8.42M). Over the past 5 years the exports of China to Cayman Islands have increased at an annualized rate of 9.48%,  from $101M in 2018 to $159M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $7.8k to China. The main products exported from Cayman Islands to China were Polyacetals ($5.56k), Beauty Products ($1.14k), and Hair Products ($546). During the last 5 years the exports of Cayman Islands to China have decreased at an annualized rate of 41.9%, from $117k in 2018 to $7.8k in 2023.

In 2018, China exported $159M to Cayman Islands. The main products exported from China to Cayman Islands were Passenger and Cargo Ships ($87.8M), Railway Cargo Containers ($24.4M), and Refined Petroleum ($8.42M). During the last 5 years the exports of China to Cayman Islands have increased at an annualized rate of 9.48%, from $101M in 2023 to $159M in 2018.

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

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

Latest Data

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

China Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
China
Top DestinationUnited States$436B

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

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

In 2023, countries that imported more from China than Cayman Islands included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Cayman Islands - China

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with China in the exports of Plastics and Rubbers ($5.56k), Chemical Products ($1.68k), and Footwear and Headwear ($512).

During 2018, China had a large net trade with Cayman Islands in the exports of Transportation ($119M), Machines ($11.1M), and Mineral Products ($8.46M).

Economic Complexity

Competitive Landscape

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

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

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