2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Cayman Islands-Peru Trade: In 2022, Cayman Islands exported $51 to Peru. The main products that Cayman Islands exported to Peru were Non-Knit Women's Suits ($51). Over the past 6 years the exports of Cayman Islands to Peru have decreased at an annualized rate of 61.1%, from $14.7k in 2016 to $51 in 2022.

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

Peru-Cayman Islands Trade: In 2022, Peru exported $118k to Cayman Islands. The main products that Peru exported to Cayman Islands were Brochures ($92.8k), Valves ($13.1k), and Other Furniture ($12.1k). Over the past 6 years the exports of Peru to Cayman Islands have decreased at an annualized rate of 26.9%,  from $564k in 2016 to $118k in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $51 to Peru. The main products exported from Cayman Islands to Peru were Non-Knit Women's Suits ($51). During the last 6 years the exports of Cayman Islands to Peru have decreased at an annualized rate of 61.1%, from $14.7k in 2016 to $51 in 2022.

In 2017, Peru exported $118k to Cayman Islands. The main products exported from Peru to Cayman Islands were Brochures ($92.8k), Valves ($13.1k), and Other Furniture ($12.1k). During the last 5 years the exports of Peru to Cayman Islands have decreased at an annualized rate of 26.9%, from $564k in 2022 to $118k in 2017.

Exports from Cayman Islands (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Cayman Islands (Flag) (2022)

Latest Data

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

Peru Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Cayman Islands than Peru included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Peru than Cayman Islands included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Peru

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Peru in the exports of Textiles ($51).

During 2017, Peru had a large net trade with Cayman Islands in the exports of Paper Goods ($92.8k), Machines ($13.1k), and Miscellaneous ($12.1k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Peru (Flag) (2022)

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