Cayman Islands (CYM) and Dominica (DMA) Trade | The Observatory of Economic Complexity

About

Cayman Islands-Dominica Trade: In 2023, Cayman Islands exported $1.16M to Dominica. The main products that Cayman Islands exported to Dominica were Refined Petroleum ($1.06M), Laboratory Reagents ($62.5k), and Packaged Medicaments ($18.9k). Over the past 5 years the exports of Cayman Islands to Dominica have increased at an annualized rate of 111%, from $27.9k in 2018 to $1.16M in 2023.

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

Dominica-Cayman Islands In N/A, Dominica did not export any products to Cayman Islands.

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

Comparison In 2023, Cayman Islands ranked 165 in total exports ($818M). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cayman Islands exported $1.16M to Dominica. The main products exported from Cayman Islands to Dominica were Refined Petroleum ($1.06M), Laboratory Reagents ($62.5k), and Packaged Medicaments ($18.9k). During the last 5 years the exports of Cayman Islands to Dominica have increased at an annualized rate of 111%, from $27.9k in 2018 to $1.16M in 2023.

Dominica does not register exports to Cayman Islands.

Exports from Cayman Islands () to Dominica () (2023)

Exports from Dominica () to Cayman Islands () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationUnited Kingdom$326M

Dominica
Top DestinationBahamas$6.11M

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

In 2023, countries that imported more from Cayman Islands than Dominica included United Kingdom ($326M), Cyprus ($172M), and Germany ($74.8M).

In 2023, countries that imported more from Dominica than Cayman Islands included Saudi Arabia ($5.35M), Bahamas ($6.11M), and Iceland ($4.72M).

Difference in imports from Dominica () and Cayman Islands () (2023)

Comparative Advantage Cayman Islands - Dominica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cayman Islands had a large net trade with Dominica in the exports of Mineral Products ($1.06M), Chemical Products ($85.7k), and Machines ($13.7k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Dominica () (2023)

Exports from Dominica () to Cayman Islands () (2023)

Market Competitiveness

Difference in imports from Dominica () and Cayman Islands () (2023)

Comparative Advantage Cayman Islands - Dominica

Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Dominica () (2023)

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