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Pricing

2023
Flag → Flag
Exports $1.16kRnk 67 / 78
2023
Flag → Flag
Top Product $1.16kHand Tools
2023
Flag → Flag
Exports $9.34MRnk 59 / 166
2023
Flag → Flag
Top Product $4.16MRaw Iron Bars
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 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$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Cayman Islands-Dominican Republic Trade: In 2023, Cayman Islands exported $1.16k to Dominican Republic. The main products that Cayman Islands exported to Dominican Republic were Hand Tools ($1.16k). Over the past 7 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 72.3%, from $9.16M in 2016 to $1.16k in 2023.

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

Dominican Republic-Cayman Islands Trade: In 2023, Dominican Republic exported $9.34M to Cayman Islands. The main products that Dominican Republic exported to Cayman Islands were Raw Iron Bars ($4.16M), Cement ($2.8M), and Plastic Pipes ($722k). Over the past 7 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 22.6%,  from $3.38M in 2016 to $9.34M in 2023.

In 2023, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $1.16k to Dominican Republic. The main products exported from Cayman Islands to Dominican Republic were Hand Tools ($1.16k). During the last 7 years the exports of Cayman Islands to Dominican Republic have decreased at an annualized rate of 72.3%, from $9.16M in 2016 to $1.16k in 2023.

In 2018, Dominican Republic exported $9.34M to Cayman Islands. The main products exported from Dominican Republic to Cayman Islands were Raw Iron Bars ($4.16M), Cement ($2.8M), and Plastic Pipes ($722k). During the last 5 years the exports of Dominican Republic to Cayman Islands have increased at an annualized rate of 22.6%, from $3.38M in 2023 to $9.34M in 2018.

Exports from Cayman Islands (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Cayman Islands (Flag) (2023)

Latest Data

Trade between Cayman Islands (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Cayman Islands than Dominican Republic included Cyprus ($172M), United Kingdom ($326M), and Grenada ($67.2M).

In 2023, countries that imported more from Dominican Republic than Cayman Islands included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - Dominican Republic

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Dominican Republic in the exports of Metals ($1.16k).

During 2018, Dominican Republic had a large net trade with Cayman Islands in the exports of Metals ($4.41M), Mineral Products ($2.8M), and Plastics and Rubbers ($882k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Dominican Republic (Flag) (2023)

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