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2023
Flag → Flag
Exports $134Rnk 74 / 78
2023
Flag → Flag
Top Product $134Non-Knit Men's Shirts
2023
Flag → Flag
Exports $273kRnk 96 / 142
2023
Flag → Flag
Top Product $74.1kNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 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$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Cayman Islands-Honduras Trade: In 2023, Cayman Islands exported $134 to Honduras. The main products that Cayman Islands exported to Honduras were Non-Knit Men's Shirts ($134). Over the past 22 years the exports of Cayman Islands to Honduras have decreased at an annualized rate of 18.5%, from $12k in 2001 to $134 in 2023.

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

Honduras-Cayman Islands Trade: In 2023, Honduras exported $273k to Cayman Islands. The main products that Honduras exported to Cayman Islands were Non-fillet Frozen Fish ($74.1k), Crustaceans ($61.1k), and Rolled Tobacco ($41.6k). Over the past 22 years the exports of Honduras to Cayman Islands have decreased at an annualized rate of 19.1%,  from $789k in 2001 to $273k in 2023.

In 2023, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $134 to Honduras. The main products exported from Cayman Islands to Honduras were Non-Knit Men's Shirts ($134). During the last 22 years the exports of Cayman Islands to Honduras have decreased at an annualized rate of 18.5%, from $12k in 2001 to $134 in 2023.

In 2018, Honduras exported $273k to Cayman Islands. The main products exported from Honduras to Cayman Islands were Non-fillet Frozen Fish ($74.1k), Crustaceans ($61.1k), and Rolled Tobacco ($41.6k). During the last 5 years the exports of Honduras to Cayman Islands have decreased at an annualized rate of 19.1%, from $789k in 2023 to $273k in 2018.

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

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

Latest Data

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

Honduras Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Honduras
Top DestinationUnited States$5.87B

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

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

In 2023, countries that imported more from Honduras than Cayman Islands included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

Comparative Advantage Cayman Islands - Honduras

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Honduras in the exports of Textiles ($134).

During 2018, Honduras had a large net trade with Cayman Islands in the exports of Animal Products ($147k), Foodstuffs ($104k), and Paper Goods ($8.51k).

Economic Complexity

Competitive Landscape

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

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

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