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2023
Flag → Flag
Exports $33.9kRnk 40 / 78
2023
Flag → Flag
Top Product $33.3kOther Heating Machinery
2023
Flag → Flag
Exports $7.27MRnk 139 / 216
2023
Flag → Flag
Top Product $6.57MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 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$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Cayman Islands-Sweden Trade: In 2023, Cayman Islands exported $33.9k to Sweden. The main products that Cayman Islands exported to Sweden were Other Heating Machinery ($33.3k), Knit Men's Coats ($377), and Non-Knit Men's Undergarments ($188). Over the past 5 years the exports of Cayman Islands to Sweden have increased at an annualized rate of 16.9%, from $15.5k in 2018 to $33.9k in 2023.

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

Sweden-Cayman Islands Trade: In 2023, Sweden exported $7.27M to Cayman Islands. The main products that Sweden exported to Cayman Islands were Recreational Boats ($6.57M), Hard Liquor ($218k), and Trailers and semi-trailers, not mechanically propelled vehicles ($100k). Over the past 5 years the exports of Sweden to Cayman Islands have increased at an annualized rate of 9.72%,  from $4.57M in 2018 to $7.27M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $33.9k to Sweden. The main products exported from Cayman Islands to Sweden were Other Heating Machinery ($33.3k), Knit Men's Coats ($377), and Non-Knit Men's Undergarments ($188). During the last 5 years the exports of Cayman Islands to Sweden have increased at an annualized rate of 16.9%, from $15.5k in 2018 to $33.9k in 2023.

In 2018, Sweden exported $7.27M to Cayman Islands. The main products exported from Sweden to Cayman Islands were Recreational Boats ($6.57M), Hard Liquor ($218k), and Trailers and semi-trailers, not mechanically propelled vehicles ($100k). During the last 5 years the exports of Sweden to Cayman Islands have increased at an annualized rate of 9.72%, from $4.57M in 2023 to $7.27M in 2018.

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

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

Latest Data

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

Sweden Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Cayman Islands than Sweden included Grenada ($67.2M), Cyprus ($172M), and Belize ($9.88M).

In 2023, countries that imported more from Sweden than Cayman Islands included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Cayman Islands - Sweden

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Sweden in the exports of Machines ($33.3k), Textiles ($565), and Footwear and Headwear ($94).

During 2018, Sweden had a large net trade with Cayman Islands in the exports of Transportation ($6.67M), Machines ($229k), and Foodstuffs ($219k).

Economic Complexity

Competitive Landscape

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

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

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