2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Cayman Islands-Mexico Trade: In 2013, Cayman Islands exported $43.6k to Mexico. The main products that Cayman Islands exported to Mexico were N/A. Over the past 5 years the exports of Cayman Islands to Mexico have decreased at an annualized rate of 44.2%, from $803k in 2008 to $43.6k in 2013.

In 2013, Cayman Islands did not export any services to Mexico.

Mexico-Cayman Islands Trade: In 2013, Mexico exported $80.1k to Cayman Islands. The main products that Mexico exported to Cayman Islands were Cleaning Products ($80.1k). Over the past 5 years the exports of Mexico to Cayman Islands have decreased at an annualized rate of 17.8%,  from $693k in 2008 to $80.1k in 2013.

In 2013, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Cayman Islands exported $43.6k to Mexico. There were not main exports from Cayman Islands to Mexico in 2013. During the last 5 years the exports of Cayman Islands to Mexico have decreased at an annualized rate of 44.2%, from $803k in 2008 to $43.6k in 2013.

In 2018, Mexico exported $80.1k to Cayman Islands. The main products exported from Mexico to Cayman Islands were Cleaning Products ($80.1k). During the last 5 years the exports of Mexico to Cayman Islands have decreased at an annualized rate of 17.8%, from $693k in 2023 to $80.1k in 2018.

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

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

Latest Data

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

Mexico Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Mexico
Top Destination
United States$456B

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

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

In 2023, countries that imported more from Mexico than Cayman Islands included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage Cayman Islands - Mexico

Flow
Scale

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

During 2013, Cayman Islands had a large net trade with Mexico in the exports of .

During 2018, Mexico had a large net trade with Cayman Islands in the exports of Chemical Products ($80.1k).

Economic Complexity

Competitive Landscape

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

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

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