Cayman Islands (CYM) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Cayman Islands-Chinese Taipei Trade: In 2022, Cayman Islands exported $269 to Chinese Taipei. The main products that Cayman Islands exported to Chinese Taipei were Collector's Items ($269). Over the past 5 years the exports of Cayman Islands to Chinese Taipei have decreased at an annualized rate of 77.3%, from $442k in 2017 to $269 in 2022.

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

Chinese Taipei-Cayman Islands Trade: In 2022, Chinese Taipei exported $697k to Cayman Islands. The main products that Chinese Taipei exported to Cayman Islands were Styrene Polymers ($385k), Rubber Tires ($160k), and Optical Fibers and optical fibre bundles ($66.3k). Over the past 5 years the exports of Chinese Taipei to Cayman Islands have increased at an annualized rate of 3.69%, from $390k in 2017 to $697k in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cayman Islands exported $269 to Chinese Taipei. The main products exported from Cayman Islands to Chinese Taipei were Collector's Items ($269). During the last 5 years the exports of Cayman Islands to Chinese Taipei have decreased at an annualized rate of 77.3%, from $442k in 2017 to $269 in 2022.

In 2017, Chinese Taipei exported $697k to Cayman Islands. The main products exported from Chinese Taipei to Cayman Islands were Styrene Polymers ($385k), Rubber Tires ($160k), and Optical Fibers and optical fibre bundles ($66.3k). During the last 5 years the exports of Chinese Taipei to Cayman Islands have increased at an annualized rate of 3.69%, from $390k in 2022 to $697k in 2017.

Exports from Cayman Islands () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Cayman Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cayman Islands
Top DestinationMalta$218M

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Cayman Islands included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cayman Islands had a large net trade with Chinese Taipei in the exports of Arts and Antiques ($269).

During 2017, Chinese Taipei had a large net trade with Cayman Islands in the exports of Plastics and Rubbers ($545k), Instruments ($73.1k), and Machines ($72k).

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 Chinese Taipei. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Cayman Islands.

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Historical Data

Bilateral Trade by Products

Exports from Cayman Islands () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Cayman Islands () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Cayman Islands () (2022)

Comparative Advantage Cayman Islands - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cayman Islands () and Chinese Taipei () (2022)

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