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2023
Flag → Flag
Exports $13.3MRnk 9 / 78
2023
Flag → Flag
Top Product $5.24MBroadcasting Equipment
2023
Flag → Flag
Exports $962MRnk 85 / 220
2023
Flag → Flag
Top Product $236MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Cayman Islands-United States Trade: In 2023, Cayman Islands exported $13.3M to United States. The main products that Cayman Islands exported to United States were Broadcasting Equipment ($5.24M), Scrap Iron ($1.2M), and Other Measuring Instruments ($1.18M). Over the past 5 years the exports of Cayman Islands to United States have decreased at an annualized rate of 0.93%, from $14M in 2018 to $13.3M in 2023.

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

United States-Cayman Islands Trade: In 2023, United States exported $962M to Cayman Islands. The main products that United States exported to Cayman Islands were Refined Petroleum ($236M), Cars ($25.9M), and Other Furniture ($20.6M). Over the past 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 6.29%,  from $627M in 2018 to $962M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $13.3M to United States. The main products exported from Cayman Islands to United States were Broadcasting Equipment ($5.24M), Scrap Iron ($1.2M), and Other Measuring Instruments ($1.18M). During the last 5 years the exports of Cayman Islands to United States have decreased at an annualized rate of 0.93%, from $14M in 2018 to $13.3M in 2023.

In 2018, United States exported $962M to Cayman Islands. The main products exported from United States to Cayman Islands were Refined Petroleum ($236M), Cars ($25.9M), and Other Furniture ($20.6M). During the last 5 years the exports of United States to Cayman Islands have increased at an annualized rate of 6.29%, from $627M in 2023 to $962M in 2018.

Exports from Cayman Islands (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Cayman Islands (Flag) (2023)

Latest Data

Trade between Cayman Islands (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Cayman Islands than United States included Cyprus ($172M).

In 2023, countries that imported more from United States than Cayman Islands included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - United States

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with United States in the exports of Machines ($7.37M), Metals ($2.56M), and Instruments ($1.56M).

During 2018, United States had a large net trade with Cayman Islands in the exports of Mineral Products ($247M), Machines ($165M), and Foodstuffs ($69.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and United States (Flag) (2023)

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