2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Cayman Islands-New Zealand Trade: In 2022, Cayman Islands exported $236k to New Zealand. The main products that Cayman Islands exported to New Zealand were Gas Turbines ($164k), Other Iron Products ($55.1k), and Video and Card Games ($3.06k). Over the past 5 years the exports of Cayman Islands to New Zealand have increased at an annualized rate of 1.83%, from $216k in 2017 to $236k in 2022.

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

New Zealand-Cayman Islands Trade: In 2022, New Zealand exported $1.94M to Cayman Islands. The main products that New Zealand exported to Cayman Islands were Glass Fibers ($1.31M), Wine ($312k), and Packaged Medicaments ($97.8k). Over the past 5 years the exports of New Zealand to Cayman Islands have increased at an annualized rate of 5.67%,  from $1.47M in 2017 to $1.94M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $236k to New Zealand. The main products exported from Cayman Islands to New Zealand were Gas Turbines ($164k), Other Iron Products ($55.1k), and Video and Card Games ($3.06k). During the last 5 years the exports of Cayman Islands to New Zealand have increased at an annualized rate of 1.83%, from $216k in 2017 to $236k in 2022.

In 2017, New Zealand exported $1.94M to Cayman Islands. The main products exported from New Zealand to Cayman Islands were Glass Fibers ($1.31M), Wine ($312k), and Packaged Medicaments ($97.8k). During the last 5 years the exports of New Zealand to Cayman Islands have increased at an annualized rate of 5.67%, from $1.47M in 2022 to $1.94M in 2017.

Exports from Cayman Islands (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Cayman Islands than New Zealand included Malta ($218M), Seychelles ($121M), and Norway ($163M).

In 2022, countries that imported more from New Zealand than Cayman Islands included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - New Zealand

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with New Zealand in the exports of Machines ($171k), Metals ($57.6k), and Miscellaneous ($3.06k).

During 2017, New Zealand had a large net trade with Cayman Islands in the exports of Stone And Glass ($1.31M), Foodstuffs ($312k), and Animal Products ($150k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and New Zealand (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with