2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 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
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Cayman Islands-El Salvador Trade: In 2022, Cayman Islands exported $47 to El Salvador. The main products that Cayman Islands exported to El Salvador were N/A. Over the past 6 years the exports of Cayman Islands to El Salvador have decreased at an annualized rate of 43.7%, from $1.48k in 2016 to $47 in 2022.

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

El Salvador-Cayman Islands Trade: In 2022, El Salvador exported $16.5k to Cayman Islands. The main products that El Salvador exported to Cayman Islands were Packaged Medicaments ($10k), Knit Women's Shirts ($3.8k), and Knit Men's Shirts ($2.71k). Over the past 6 years the exports of El Salvador to Cayman Islands have decreased at an annualized rate of 21%,  from $53.6k in 2016 to $16.5k in 2022.

In 2022, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $47 to El Salvador. There were not main exports from Cayman Islands to El Salvador in 2022. During the last 6 years the exports of Cayman Islands to El Salvador have decreased at an annualized rate of 43.7%, from $1.48k in 2016 to $47 in 2022.

In 2018, El Salvador exported $16.5k to Cayman Islands. The main products exported from El Salvador to Cayman Islands were Packaged Medicaments ($10k), Knit Women's Shirts ($3.8k), and Knit Men's Shirts ($2.71k). During the last 5 years the exports of El Salvador to Cayman Islands have decreased at an annualized rate of 21%, from $53.6k in 2023 to $16.5k in 2018.

Exports from Cayman Islands (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Cayman Islands (Flag) (2023)

Latest Data

Trade between Cayman Islands (Flag) and El Salvador (Flag)

El Salvador Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Cayman Islands than El Salvador included United Kingdom ($326M), Cyprus ($172M), and Grenada ($67.2M).

In 2023, countries that imported more from El Salvador than Cayman Islands included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - El Salvador

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with El Salvador in the exports of .

During 2018, El Salvador had a large net trade with Cayman Islands in the exports of Chemical Products ($10k) and Textiles ($6.51k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and El Salvador (Flag) (2023)

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