2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Cayman Islands-Pakistan Trade: In 2023, Cayman Islands exported $214k to Pakistan. The main products that Cayman Islands exported to Pakistan were Planes, Helicopters, and/or Spacecraft ($213k), Motor vehicles; parts and accessories (8701 to 8705) ($1.28k), and Other Engines ($559). Over the past 5 years the exports of Cayman Islands to Pakistan have increased at an annualized rate of 74.3%, from $13.3k in 2018 to $214k in 2023.

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

Pakistan-Cayman Islands Trade: In 2023, Pakistan exported $43.3k to Cayman Islands. The main products that Pakistan exported to Cayman Islands were Knotted Carpets ($37.5k), Knit Men's Shirts ($2.98k), and Knit Active Wear ($1.18k). Over the past 5 years the exports of Pakistan to Cayman Islands have increased at an annualized rate of 2.24%,  from $38.7k in 2018 to $43.3k in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $214k to Pakistan. The main products exported from Cayman Islands to Pakistan were Planes, Helicopters, and/or Spacecraft ($213k), Motor vehicles; parts and accessories (8701 to 8705) ($1.28k), and Other Engines ($559). During the last 5 years the exports of Cayman Islands to Pakistan have increased at an annualized rate of 74.3%, from $13.3k in 2018 to $214k in 2023.

In 2018, Pakistan exported $43.3k to Cayman Islands. The main products exported from Pakistan to Cayman Islands were Knotted Carpets ($37.5k), Knit Men's Shirts ($2.98k), and Knit Active Wear ($1.18k). During the last 5 years the exports of Pakistan to Cayman Islands have increased at an annualized rate of 2.24%, from $38.7k in 2023 to $43.3k in 2018.

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

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

Latest Data

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

Pakistan Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Pakistan
Top Destination
United States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Cayman Islands included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

Comparative Advantage Cayman Islands - Pakistan

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Pakistan in the exports of Transportation ($214k) and Machines ($559).

During 2018, Pakistan had a large net trade with Cayman Islands in the exports of Textiles ($43.1k), Miscellaneous ($122), and Plastics and Rubbers ($59).

Economic Complexity

Competitive Landscape

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

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

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