2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Cayman Islands-Netherlands Trade: In 2023, Cayman Islands exported $317k to Netherlands. The main products that Cayman Islands exported to Netherlands were Integrated Circuits ($281k), Air Conditioners ($20k), and Chemical Analysis Instruments ($9.41k). Over the past 5 years the exports of Cayman Islands to Netherlands have decreased at an annualized rate of 76.8%, from $471M in 2018 to $317k in 2023.

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

Netherlands-Cayman Islands Trade: In 2023, Netherlands exported $8.73M to Cayman Islands. The main products that Netherlands exported to Cayman Islands were Other Sea Vessels ($3.58M), Beer ($1.38M), and Engine Parts ($588k). Over the past 5 years the exports of Netherlands to Cayman Islands have decreased at an annualized rate of 63.4%,  from $1.32B in 2018 to $8.73M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $317k to Netherlands. The main products exported from Cayman Islands to Netherlands were Integrated Circuits ($281k), Air Conditioners ($20k), and Chemical Analysis Instruments ($9.41k). During the last 5 years the exports of Cayman Islands to Netherlands have decreased at an annualized rate of 76.8%, from $471M in 2018 to $317k in 2023.

In 2018, Netherlands exported $8.73M to Cayman Islands. The main products exported from Netherlands to Cayman Islands were Other Sea Vessels ($3.58M), Beer ($1.38M), and Engine Parts ($588k). During the last 5 years the exports of Netherlands to Cayman Islands have decreased at an annualized rate of 63.4%, from $1.32B in 2023 to $8.73M in 2018.

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

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

Latest Data

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

Netherlands Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Cayman Islands than Netherlands included Grenada ($67.2M).

In 2023, countries that imported more from Netherlands than Cayman Islands included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Cayman Islands - Netherlands

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Netherlands in the exports of Machines ($303k), Instruments ($9.86k), and Transportation ($2.89k).

During 2018, Netherlands had a large net trade with Cayman Islands in the exports of Transportation ($3.89M), Machines ($1.83M), and Foodstuffs ($1.78M).

Economic Complexity

Competitive Landscape

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

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

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