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2022
Flag → Flag
Exports $924Rnk 74 / 92
2022
Flag → Flag
Top Product $882Electrical Power Accessories
2022
Flag → Flag
Exports $5.85MRnk 181 / 217
2022
Flag → Flag
Top Product $1.51MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Cayman Islands-India Trade: In 2022, Cayman Islands exported $924 to India. The main products that Cayman Islands exported to India were Electrical Power Accessories ($882) and Integrated Circuits ($42). Over the past 5 years the exports of Cayman Islands to India have decreased at an annualized rate of 82.2%, from $5.23M in 2017 to $924 in 2022.

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

India-Cayman Islands Trade: In 2022, India exported $5.85M to Cayman Islands. The main products that India exported to Cayman Islands were Packaged Medicaments ($1.51M), Medical Instruments ($1.26M), and Toilet Paper ($398k). Over the past 5 years the exports of India to Cayman Islands have increased at an annualized rate of 7.09%,  from $4.15M in 2017 to $5.85M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $924 to India. The main products exported from Cayman Islands to India were Electrical Power Accessories ($882) and Integrated Circuits ($42). During the last 5 years the exports of Cayman Islands to India have decreased at an annualized rate of 82.2%, from $5.23M in 2017 to $924 in 2022.

In 2017, India exported $5.85M to Cayman Islands. The main products exported from India to Cayman Islands were Packaged Medicaments ($1.51M), Medical Instruments ($1.26M), and Toilet Paper ($398k). During the last 5 years the exports of India to Cayman Islands have increased at an annualized rate of 7.09%, from $4.15M in 2022 to $5.85M in 2017.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
India
Top DestinationUnited States$82.9B

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

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

In 2022, countries that imported more from India than Cayman Islands included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Cayman Islands - India

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with India in the exports of Machines ($924).

During 2017, India had a large net trade with Cayman Islands in the exports of Chemical Products ($2.35M), Instruments ($1.54M), and Textiles ($492k).

Economic Complexity

Competitive Landscape

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

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

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