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Pricing

2022
Flag → Flag
Exports $61MRnk 123 / 218
2022
Flag → Flag
Top Product $45.2MPassenger and Cargo Ships
2022
Flag → Flag
Exports $340kRnk 28 / 92
2022
Flag → Flag
Top Product $97.1kHouse Linens
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Cayman Islands Trade: In 2022, Spain exported $61M to Cayman Islands. The main products that Spain exported to Cayman Islands were Passenger and Cargo Ships ($45.2M), Recreational Boats ($10.3M), and Unglazed Ceramics ($1.93M). Over the past 5 years the exports of Spain to Cayman Islands have increased at an annualized rate of 26.7%, from $18.7M in 2017 to $61M in 2022.

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

Cayman Islands-Spain Trade: In 2022, Cayman Islands exported $340k to Spain. The main products that Cayman Islands exported to Spain were House Linens ($97.1k), Additive manufacturing machines ($94.5k), and Paintings ($44.9k). Over the past 5 years the exports of Cayman Islands to Spain have increased at an annualized rate of 8.63%,  from $207k in 2017 to $340k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €1.12M and imported €429 from Cayman Islands, resulting in a positive trade balance of €1.12M. Between August 2023 and August 2024 the exports of Spain have increased by €833k (290%) from €287k to €1.12M, while imports increased by €270 (171%) from €158 to €429.

Trade In August 2024, the top exports of Spain to Cayman Islands were Other Sea Vessels (€63.9M), Machinery Having Individual Functions (€274k), Other Furniture (€175k), Computers (€161k), and Unglazed Ceramics (€35.1k). In August 2024 the top imports of Spain from Cayman Islands were Knit Men's Undergarments (€184).

Origins In August 2024 the exports of Spain were mainly from Madrid (€858k), Barcelona (€87.3k), Castellón (€72.1k), Valencia (€40.1k), and Murcia (€31.3k), while imports destinations were mainly Cádiz (€429).

Growth In August 2024, the increase in Spain's year-by-year exports to Cayman Islands was explained primarily by an increase in product exports in Other Furniture (€170k or 3.19k%), Unglazed Ceramics (€20.4k or 138%), and Worked Slate (€3.42k or 184%). In August 2024, the increase in Spain's year-by-year imports  from Cayman Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€833k(290%)
IMPORT GROWTH (August 2023 - August 2024)€270(171%)
MAIN EXPORTER (August 2024)Madrid€858k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Cayman Islands and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $61M to Cayman Islands. The main products exported from Spain to Cayman Islands were Passenger and Cargo Ships ($45.2M), Recreational Boats ($10.3M), and Unglazed Ceramics ($1.93M). During the last 5 years the exports of Spain to Cayman Islands have increased at an annualized rate of 26.7%, from $18.7M in 2017 to $61M in 2022.

In 2017, Cayman Islands exported $340k to Spain. The main products exported from Cayman Islands to Spain were House Linens ($97.1k), Additive manufacturing machines ($94.5k), and Paintings ($44.9k). During the last 5 years the exports of Cayman Islands to Spain have increased at an annualized rate of 8.63%, from $207k in 2022 to $340k in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Spain than Cayman Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Cayman Islands than Spain included Grenada ($62.6M), Seychelles ($121M), and Belize ($18.9M).

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

Comparative Advantage Spain - Cayman Islands

Flow
Scale

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

During 2022, Spain had a large net trade with Cayman Islands in the exports of Transportation ($55.5M), Stone And Glass ($2.37M), and Metals ($1.01M).

During 2017, Cayman Islands had a large net trade with Spain in the exports of Machines ($136k), Textiles ($129k), and Arts and Antiques ($56.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Cayman Islands. This means that a dot/product with the flag of Spain 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 Spain.

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

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