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2022
Flag → Flag
Exports $302kRnk 30 / 92
2022
Flag → Flag
Top Product $182kIntegrated Circuits
2022
Flag → Flag
Exports $949kRnk 161 / 205
2022
Flag → Flag
Top Product $908kCars
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Cayman Islands-Hungary Trade: In 2022, Cayman Islands exported $302k to Hungary. The main products that Cayman Islands exported to Hungary were Integrated Circuits ($182k), Printed Circuit Boards ($120k), and Non-Knit Women's Suits ($769). Over the past 5 years the exports of Cayman Islands to Hungary have decreased at an annualized rate of 20.7%, from $963k in 2017 to $302k in 2022.

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

Hungary-Cayman Islands Trade: In 2022, Hungary exported $949k to Cayman Islands. The main products that Hungary exported to Cayman Islands were Cars ($908k), Ornamental Ceramics ($16.8k), and Computers ($8.8k). Over the past 5 years the exports of Hungary to Cayman Islands have increased at an annualized rate of 8.73%,  from $319k in 2017 to $949k in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $302k to Hungary. The main products exported from Cayman Islands to Hungary were Integrated Circuits ($182k), Printed Circuit Boards ($120k), and Non-Knit Women's Suits ($769). During the last 5 years the exports of Cayman Islands to Hungary have decreased at an annualized rate of 20.7%, from $963k in 2017 to $302k in 2022.

In 2017, Hungary exported $949k to Cayman Islands. The main products exported from Hungary to Cayman Islands were Cars ($908k), Ornamental Ceramics ($16.8k), and Computers ($8.8k). During the last 5 years the exports of Hungary to Cayman Islands have increased at an annualized rate of 8.73%, from $319k in 2022 to $949k in 2017.

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

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

Latest Data

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

Hungary Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Hungary
Top DestinationGermany$35.5B

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

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

In 2022, countries that imported more from Hungary than Cayman Islands included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

Comparative Advantage Cayman Islands - Hungary

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Hungary in the exports of Machines ($301k) and Textiles ($839).

During 2017, Hungary had a large net trade with Cayman Islands in the exports of Transportation ($908k), Stone And Glass ($22.2k), and Machines ($10.4k).

Economic Complexity

Competitive Landscape

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

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

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