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2022
Flag → Flag
Exports $2.07MRnk 15 / 0
2022
Flag → Flag
Exports $9.19MRnk 92 / 183
2022
Flag → Flag
Top Product $8.31MAluminium Structures
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 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$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Cayman Islands-Colombia Trade: In 2022, Cayman Islands exported $2.07M to Colombia. The main products that Cayman Islands exported to Colombia were N/A. Over the past 7 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 245%, from $360 in 2015 to $2.07M in 2022.

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

Colombia-Cayman Islands Trade: In 2022, Colombia exported $9.19M to Cayman Islands. The main products that Colombia exported to Cayman Islands were Aluminium Structures ($8.31M), Sand ($256k), and Iron Structures ($245k). Over the past 7 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 44%,  from $1.48M in 2015 to $9.19M in 2022.

In 2022, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $2.07M to Colombia. There were not main exports from Cayman Islands to Colombia in 2022. During the last 7 years the exports of Cayman Islands to Colombia have increased at an annualized rate of 245%, from $360 in 2015 to $2.07M in 2022.

In 2018, Colombia exported $9.19M to Cayman Islands. The main products exported from Colombia to Cayman Islands were Aluminium Structures ($8.31M), Sand ($256k), and Iron Structures ($245k). During the last 5 years the exports of Colombia to Cayman Islands have increased at an annualized rate of 44%, from $1.48M in 2023 to $9.19M in 2018.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Cayman Islands than Colombia included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

In 2023, countries that imported more from Colombia than Cayman Islands included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Cayman Islands - Colombia

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Colombia in the exports of .

During 2018, Colombia had a large net trade with Cayman Islands in the exports of Metals ($8.58M), Mineral Products ($256k), and Miscellaneous ($112k).

Economic Complexity

Competitive Landscape

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

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

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