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2022
Flag → Flag
Exports $428kRnk 27 / 92
2022
Flag → Flag
Top Product $219kAircraft Parts
2022
Flag → Flag
Exports $1.39MRnk 179 / 215
2022
Flag → Flag
Top Product $979kCars
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Cayman Islands-Singapore Trade: In 2022, Cayman Islands exported $428k to Singapore. The main products that Cayman Islands exported to Singapore were Aircraft Parts ($219k), Electrical Capacitors ($110k), and Other Nickel Products ($35.8k). Over the past 5 years the exports of Cayman Islands to Singapore have decreased at an annualized rate of 47.5%, from $10.8M in 2017 to $428k in 2022.

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

Singapore-Cayman Islands Trade: In 2022, Singapore exported $1.39M to Cayman Islands. The main products that Singapore exported to Cayman Islands were Cars ($979k), Industrial Fatty Acids, Oils and Alcohols ($147k), and Aldehydes ($76.8k). Over the past 5 years the exports of Singapore to Cayman Islands have increased at an annualized rate of 18.7%,  from $296k in 2017 to $1.39M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $428k to Singapore. The main products exported from Cayman Islands to Singapore were Aircraft Parts ($219k), Electrical Capacitors ($110k), and Other Nickel Products ($35.8k). During the last 5 years the exports of Cayman Islands to Singapore have decreased at an annualized rate of 47.5%, from $10.8M in 2017 to $428k in 2022.

In 2017, Singapore exported $1.39M to Cayman Islands. The main products exported from Singapore to Cayman Islands were Cars ($979k), Industrial Fatty Acids, Oils and Alcohols ($147k), and Aldehydes ($76.8k). During the last 5 years the exports of Singapore to Cayman Islands have increased at an annualized rate of 18.7%, from $296k in 2022 to $1.39M in 2017.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Cayman Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Cayman Islands - Singapore

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Singapore in the exports of Transportation ($219k), Machines ($149k), and Metals ($37k).

During 2017, Singapore had a large net trade with Cayman Islands in the exports of Transportation ($986k), Chemical Products ($293k), and Foodstuffs ($62.5k).

Economic Complexity

Competitive Landscape

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

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

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