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2022
Flag → Flag
Exports $803kRnk 193 / 218
2022
Flag → Flag
Top Product $177kElectric Motor Parts
2022
Flag → Flag
Exports $23.5kRnk 48 / 92
2022
Flag → Flag
Top Product $9.91kInterchangeable Tool Parts
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-Cayman Islands Trade: In 2022, Denmark exported $803k to Cayman Islands. The main products that Denmark exported to Cayman Islands were Electric Motor Parts ($177k), Gaskets ($86.1k), and Beauty Products ($73.4k). Over the past 5 years the exports of Denmark to Cayman Islands have increased at an annualized rate of 6.91%, from $575k in 2017 to $803k in 2022.

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

Cayman Islands-Denmark Trade: In 2022, Cayman Islands exported $23.5k to Denmark. The main products that Cayman Islands exported to Denmark were Interchangeable Tool Parts ($9.91k), Liquid Pumps ($7.45k), and Blank Audio Media ($4.36k). Over the past 5 years the exports of Cayman Islands to Denmark have increased at an annualized rate of 83.9%,  from $608 in 2017 to $23.5k in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $803k to Cayman Islands. The main products exported from Denmark to Cayman Islands were Electric Motor Parts ($177k), Gaskets ($86.1k), and Beauty Products ($73.4k). During the last 5 years the exports of Denmark to Cayman Islands have increased at an annualized rate of 6.91%, from $575k in 2017 to $803k in 2022.

In 2017, Cayman Islands exported $23.5k to Denmark. The main products exported from Cayman Islands to Denmark were Interchangeable Tool Parts ($9.91k), Liquid Pumps ($7.45k), and Blank Audio Media ($4.36k). During the last 5 years the exports of Cayman Islands to Denmark have increased at an annualized rate of 83.9%, from $608 in 2022 to $23.5k in 2017.

Exports from Denmark (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Denmark (Flag) (2022)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Denmark than Cayman Islands included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Difference in imports from Cayman Islands (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - Cayman Islands

Flow
Scale

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

During 2022, Denmark had a large net trade with Cayman Islands in the exports of Machines ($522k), Chemical Products ($77.9k), and Miscellaneous ($75k).

During 2017, Cayman Islands had a large net trade with Denmark in the exports of Machines ($13.2k), Metals ($10.1k), and Plastics and Rubbers ($136).

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Cayman Islands (Flag) (2022)

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