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2022
Flag → Flag
Exports $340kRnk 28 / 92
2022
Flag → Flag
Top Product $97.1kHouse Linens
2022
Flag → Flag
Exports $61MRnk 123 / 218
2022
Flag → Flag
Top Product $45.2MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Cayman Islands-Spain Trade: In 2022, Cayman Islands exported $340k to Spain. The main products that Cayman Islands exported to Spain were House Linens ($97.1k), Boat Propellers ($94.5k), and Paintings ($44.9k). Over the past 5 years the exports of Cayman Islands to Spain have increased at an annualized rate of 10.4%, from $207k in 2017 to $340k in 2022.

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

Spain-Cayman Islands Trade: In 2022, Spain exported $61M to Cayman Islands. The main products that Spain exported to Cayman Islands were Passenger and Cargo Ships ($45.2M), Recreational Boats ($10.3M), and Unglazed Ceramics ($1.93M). Over the past 5 years the exports of Spain to Cayman Islands have increased at an annualized rate of 26.7%,  from $18.7M in 2017 to $61M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $340k to Spain. The main products exported from Cayman Islands to Spain were House Linens ($97.1k), Boat Propellers ($94.5k), and Paintings ($44.9k). During the last 5 years the exports of Cayman Islands to Spain have increased at an annualized rate of 10.4%, from $207k in 2017 to $340k in 2022.

In 2017, Spain exported $61M to Cayman Islands. The main products exported from Spain to Cayman Islands were Passenger and Cargo Ships ($45.2M), Recreational Boats ($10.3M), and Unglazed Ceramics ($1.93M). During the last 5 years the exports of Spain to Cayman Islands have increased at an annualized rate of 26.7%, from $18.7M in 2022 to $61M in 2017.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Cayman Islands than Spain included Grenada ($62.6M), Seychelles ($121M), and Belize ($18.9M).

In 2022, countries that imported more from Spain than Cayman Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Cayman Islands - Spain

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Spain in the exports of Machines ($136k), Textiles ($129k), and Arts and Antiques ($56.1k).

During 2017, Spain had a large net trade with Cayman Islands in the exports of Transportation ($55.5M), Stone And Glass ($2.37M), and Metals ($1.01M).

Economic Complexity

Competitive Landscape

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

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

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