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2023
Flag → Flag
Exports $2.97kRnk 58 / 78
2023
Flag → Flag
Top Product $2.33kIntegrated Circuits
2023
Flag → Flag
Exports $968kRnk 169 / 211
2023
Flag → Flag
Top Product $315kIron Structures
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Cayman Islands-Portugal Trade: In 2023, Cayman Islands exported $2.97k to Portugal. The main products that Cayman Islands exported to Portugal were Integrated Circuits ($2.33k), Other Knit Garments ($348), and Eyewear ($162). Over the past 5 years the exports of Cayman Islands to Portugal have decreased at an annualized rate of 9.59%, from $4.91k in 2018 to $2.97k in 2023.

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

Portugal-Cayman Islands Trade: In 2023, Portugal exported $968k to Cayman Islands. The main products that Portugal exported to Cayman Islands were Iron Structures ($315k), Stranded Iron Wire ($138k), and Uncoated Paper ($111k). Over the past 5 years the exports of Portugal to Cayman Islands have increased at an annualized rate of 61.2%,  from $55.2k in 2018 to $968k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $2.97k to Portugal. The main products exported from Cayman Islands to Portugal were Integrated Circuits ($2.33k), Other Knit Garments ($348), and Eyewear ($162). During the last 5 years the exports of Cayman Islands to Portugal have decreased at an annualized rate of 9.59%, from $4.91k in 2018 to $2.97k in 2023.

In 2018, Portugal exported $968k to Cayman Islands. The main products exported from Portugal to Cayman Islands were Iron Structures ($315k), Stranded Iron Wire ($138k), and Uncoated Paper ($111k). During the last 5 years the exports of Portugal to Cayman Islands have increased at an annualized rate of 61.2%, from $55.2k in 2023 to $968k in 2018.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Cayman Islands than Portugal included Cyprus ($172M), Grenada ($67.2M), and Barbados ($15.4M).

In 2023, countries that imported more from Portugal than Cayman Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Cayman Islands - Portugal

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Portugal in the exports of Machines ($2.33k), Textiles ($348), and Instruments ($162).

During 2018, Portugal had a large net trade with Cayman Islands in the exports of Metals ($453k), Textiles ($285k), and Paper Goods ($111k).

Economic Complexity

Competitive Landscape

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

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

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