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2022
Flag → Flag
Exports $23.5kRnk 48 / 92
2022
Flag → Flag
Top Product $9.91kInterchangeable Tool Parts
2022
Flag → Flag
Exports $803kRnk 193 / 218
2022
Flag → Flag
Top Product $177kElectric Motor Parts
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Cayman Islands-Denmark Trade: In 2022, Cayman Islands exported $23.5k to Denmark. The main products that Cayman Islands exported to Denmark were Interchangeable Tool Parts ($9.91k), Liquid Pumps ($7.45k), and Blank Audio Media ($4.36k). Over the past 5 years the exports of Cayman Islands to Denmark have increased at an annualized rate of 108%, from $608 in 2017 to $23.5k in 2022.

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

Denmark-Cayman Islands Trade: In 2022, Denmark exported $803k to Cayman Islands. The main products that Denmark exported to Cayman Islands were Electric Motor Parts ($177k), Gaskets ($86.1k), and Beauty Products ($73.4k). Over the past 5 years the exports of Denmark to Cayman Islands have increased at an annualized rate of 6.91%,  from $575k in 2017 to $803k in 2022.

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

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $23.5k to Denmark. The main products exported from Cayman Islands to Denmark were Interchangeable Tool Parts ($9.91k), Liquid Pumps ($7.45k), and Blank Audio Media ($4.36k). During the last 5 years the exports of Cayman Islands to Denmark have increased at an annualized rate of 108%, from $608 in 2017 to $23.5k in 2022.

In 2017, Denmark exported $803k to Cayman Islands. The main products exported from Denmark to Cayman Islands were Electric Motor Parts ($177k), Gaskets ($86.1k), and Beauty Products ($73.4k). During the last 5 years the exports of Denmark to Cayman Islands have increased at an annualized rate of 6.91%, from $575k in 2022 to $803k in 2017.

Exports from Cayman Islands (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Cayman Islands (Flag) (2022)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Cayman Islands than Denmark included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Denmark than Cayman Islands included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Denmark

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Denmark in the exports of Machines ($13.2k), Metals ($10.1k), and Plastics and Rubbers ($136).

During 2017, Denmark had a large net trade with Cayman Islands in the exports of Machines ($522k), Chemical Products ($77.9k), and Miscellaneous ($75k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Denmark (Flag) (2022)

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