Cayman Islands (CYM) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Cayman Islands-Thailand Trade: In 2022, Cayman Islands exported $65k to Thailand. The main products that Cayman Islands exported to Thailand were Electrical Control Boards ($30.1k), Integrated Circuits ($15.1k), and Gas Turbines ($10.5k). Over the past 5 years the exports of Cayman Islands to Thailand have decreased at an annualized rate of 49.5%, from $1.98M in 2017 to $65k in 2022.

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

Thailand-Cayman Islands Trade: In 2022, Thailand exported $3.09M to Cayman Islands. The main products that Thailand exported to Cayman Islands were Cars ($2.77M), Delivery Trucks ($100k), and Iron Gas Containers ($57.8k). Over the past 5 years the exports of Thailand to Cayman Islands have decreased at an annualized rate of 1.77%, from $3.44M in 2017 to $3.09M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $65k to Thailand. The main products exported from Cayman Islands to Thailand were Electrical Control Boards ($30.1k), Integrated Circuits ($15.1k), and Gas Turbines ($10.5k). During the last 5 years the exports of Cayman Islands to Thailand have decreased at an annualized rate of 49.5%, from $1.98M in 2017 to $65k in 2022.

In 2017, Thailand exported $3.09M to Cayman Islands. The main products exported from Thailand to Cayman Islands were Cars ($2.77M), Delivery Trucks ($100k), and Iron Gas Containers ($57.8k). During the last 5 years the exports of Thailand to Cayman Islands have decreased at an annualized rate of 1.77%, from $3.44M in 2022 to $3.09M in 2017.

Exports from Cayman Islands () to Thailand () (2022)

Exports from Thailand () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Thailand
Top DestinationUnited States$53.4B

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

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

In 2022, countries that imported more from Thailand than Cayman Islands included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

Difference in imports from Thailand () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Thailand in the exports of Machines ($55.8k), Precious Metals ($8.67k), and Paper Goods ($385).

During 2017, Thailand had a large net trade with Cayman Islands in the exports of Transportation ($2.88M), Foodstuffs ($111k), and Metals ($58.6k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Thailand () (2022)

Exports from Thailand () to Cayman Islands () (2022)

Latest Data

Trade between Cayman Islands () and Thailand ()

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Thailand () (2022)

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