Cayman Islands (CYM) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Cayman Islands-Russia Trade: In 2021, Cayman Islands exported $377k to Russia. The main products that Cayman Islands exported to Russia were N/A. Over the past 5 years the exports of Cayman Islands to Russia have increased at an annualized rate of 261%, from $619 in 2016 to $377k in 2021.

In 2021, Cayman Islands did not export any services to Russia.

Russia-Cayman Islands Trade: In 2021, Russia exported $17.7M to Cayman Islands. The main products that Russia exported to Cayman Islands were N/A. Over the past 5 years the exports of Russia to Cayman Islands have increased at an annualized rate of 14.3%, from $9.06M in 2016 to $17.7M in 2021.

In 2020, Russia exported services to Cayman Islands worth $59.3M, with Other business services ($40.1M), Computer and information services ($9.83M), and Financial services ($6.64M) being the largest in terms of value.

Comparison In 2023, Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Cayman Islands exported $377k to Russia. There were not main exports from Cayman Islands to Russia in 2021. During the last 5 years the exports of Cayman Islands to Russia have increased at an annualized rate of 261%, from $619 in 2016 to $377k in 2021.

In 2016, Russia exported $17.7M to Cayman Islands. There were not main exports from Russia to Cayman Islands in 2016. During the last 5 years the exports of Russia to Cayman Islands have increased at an annualized rate of 14.3%, from $9.06M in 2021 to $17.7M in 2016.

Exports from Cayman Islands () to Russia () (2021)

Exports from Russia () to Cayman Islands () (2021)

Latest Data

Trade between Cayman Islands () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationUnited Kingdom$326M

Russia
Top DestinationChina$129B

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

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

In 2023, countries that imported more from Russia than Cayman Islands included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Cayman Islands () (2023)

Comparative Advantage Cayman Islands - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Cayman Islands had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Cayman Islands in the exports of .

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Cayman Islands worth $59.3M, with Other business services ($40.1M), Computer and information services ($9.83M), and Financial services ($6.64M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Cayman Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Russia () (2021)

Exports from Russia () to Cayman Islands () (2021)

Latest Data

Trade between Cayman Islands () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Cayman Islands () (2023)

Comparative Advantage Cayman Islands - Russia

Bilateral Service Trade

Services Exports from Russia () to Cayman Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Russia () (2021)

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