Cayman Islands (CYM) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Cayman Islands-Japan Trade: In 2022, Cayman Islands exported $25k to Japan. The main products that Cayman Islands exported to Japan were Gas Turbines ($25k). Over the past 6 years the exports of Cayman Islands to Japan have decreased at an annualized rate of 10.1%, from $47.5k in 2016 to $25k in 2022.

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

Japan-Cayman Islands Trade: In 2022, Japan exported $15.4M to Cayman Islands. The main products that Japan exported to Cayman Islands were Cars ($10.8M), Delivery Trucks ($2.46M), and Buses ($585k). Over the past 6 years the exports of Japan to Cayman Islands have decreased at an annualized rate of 22.6%, from $154M in 2016 to $15.4M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $25k to Japan. The main products exported from Cayman Islands to Japan were Gas Turbines ($25k). During the last 6 years the exports of Cayman Islands to Japan have decreased at an annualized rate of 10.1%, from $47.5k in 2016 to $25k in 2022.

In 2017, Japan exported $15.4M to Cayman Islands. The main products exported from Japan to Cayman Islands were Cars ($10.8M), Delivery Trucks ($2.46M), and Buses ($585k). During the last 5 years the exports of Japan to Cayman Islands have decreased at an annualized rate of 22.6%, from $154M in 2022 to $15.4M in 2017.

Exports from Cayman Islands () to Japan () (2022)

Exports from Japan () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Japan ()

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Japan
Top DestinationUnited States$137B

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

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

In 2022, countries that imported more from Japan than Cayman Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Japan in the exports of Machines ($25k).

During 2017, Japan had a large net trade with Cayman Islands in the exports of Transportation ($13.9M), Machines ($1.3M), and Instruments ($64.8k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Japan () (2022)

Exports from Japan () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Japan ()

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Japan () (2022)

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