2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Cayman Islands-Trinidad and Tobago Trade: In 2022, Cayman Islands exported $690k to Trinidad and Tobago. The main products that Cayman Islands exported to Trinidad and Tobago were Laboratory Reagents ($63.8k), Gold ($7.77k), and Silver ($5.54k). Over the past 5 years the exports of Cayman Islands to Trinidad and Tobago have increased at an annualized rate of 43.4%, from $114k in 2017 to $690k in 2022.

In 2022, Cayman Islands did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Cayman Islands Trade: In 2022, Trinidad and Tobago exported $45.9M to Cayman Islands. The main products that Trinidad and Tobago exported to Cayman Islands were Rolled Tobacco ($1.73M), Insulated Wire ($1.11M), and Flavored Water ($1.04M). Over the past 5 years the exports of Trinidad and Tobago to Cayman Islands have increased at an annualized rate of 129%,  from $736k in 2017 to $45.9M in 2022.

In 2022, Trinidad and Tobago did not export any services to Cayman Islands.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $690k to Trinidad and Tobago. The main products exported from Cayman Islands to Trinidad and Tobago were Laboratory Reagents ($63.8k), Gold ($7.77k), and Silver ($5.54k). During the last 5 years the exports of Cayman Islands to Trinidad and Tobago have increased at an annualized rate of 43.4%, from $114k in 2017 to $690k in 2022.

In 2017, Trinidad and Tobago exported $45.9M to Cayman Islands. The main products exported from Trinidad and Tobago to Cayman Islands were Rolled Tobacco ($1.73M), Insulated Wire ($1.11M), and Flavored Water ($1.04M). During the last 22 years the exports of Trinidad and Tobago to Cayman Islands have increased at an annualized rate of 129%, from $736k in 1995 to $45.9M in 2017.

Exports from Cayman Islands (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Cayman Islands than Trinidad and Tobago included Norway ($163M), Seychelles ($121M), and Malta ($218M).

In 2022, countries that imported more from Trinidad and Tobago than Cayman Islands included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Trinidad and Tobago

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($65.7k), Precious Metals ($13.3k), and Instruments ($3.89k).

During 2017, Trinidad and Tobago had a large net trade with Cayman Islands in the exports of Foodstuffs ($2.91M), Machines ($1.11M), and Miscellaneous ($357k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Trinidad and Tobago (Flag) (2022)

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