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2022
Flag → Flag
Exports $9.26kRnk 36 / 0
2022
Flag → Flag
Exports $856kRnk 167 / 206
2022
Flag → Flag
Top Product $455kElectrical Control Boards
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 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$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Cayman Islands-Finland Trade: In 2022, Cayman Islands exported $9.26k to Finland. The main products that Cayman Islands exported to Finland were N/A. Over the past 6 years the exports of Cayman Islands to Finland have increased at an annualized rate of 109%, from $111 in 2016 to $9.26k in 2022.

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

Finland-Cayman Islands Trade: In 2022, Finland exported $856k to Cayman Islands. The main products that Finland exported to Cayman Islands were Electrical Control Boards ($455k), Iron Structures ($118k), and Electric Motor Parts ($47.9k). Over the past 6 years the exports of Finland to Cayman Islands have increased at an annualized rate of 34.5%,  from $194k in 2016 to $856k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $9.26k to Finland. There were not main exports from Cayman Islands to Finland in 2022. During the last 6 years the exports of Cayman Islands to Finland have increased at an annualized rate of 109%, from $111 in 2016 to $9.26k in 2022.

In 2018, Finland exported $856k to Cayman Islands. The main products exported from Finland to Cayman Islands were Electrical Control Boards ($455k), Iron Structures ($118k), and Electric Motor Parts ($47.9k). During the last 5 years the exports of Finland to Cayman Islands have increased at an annualized rate of 34.5%, from $194k in 2023 to $856k in 2018.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Finland
Top DestinationUnited States$9.68B

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

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

In 2023, countries that imported more from Finland than Cayman Islands included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Cayman Islands - Finland

Flow
Scale

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

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

During 2018, Finland had a large net trade with Cayman Islands in the exports of Machines ($594k), Metals ($173k), and Plastics and Rubbers ($35.7k).

Economic Complexity

Competitive Landscape

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

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

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