2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Ireland-Cayman Islands Trade: In 2022, Ireland exported $773k to Cayman Islands. The main products that Ireland exported to Cayman Islands were Jewellery ($281k), Butter ($260k), and Other Fermented Beverages ($59.1k). Over the past 5 years the exports of Ireland to Cayman Islands have increased at an annualized rate of 5.55%, from $590k in 2017 to $773k in 2022.

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

Cayman Islands-Ireland Trade: In 2022, Cayman Islands exported $73.8k to Ireland. The main products that Cayman Islands exported to Ireland were Jewellery ($52.9k), Tropical Fruits ($4.86k), and Broadcasting Equipment ($3.66k). Over the past 5 years the exports of Cayman Islands to Ireland have increased at an annualized rate of 15.3%,  from $23.6k in 2017 to $73.8k in 2022.

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

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27),  and 31 in total exports ($236B). 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, Ireland exported $773k to Cayman Islands. The main products exported from Ireland to Cayman Islands were Jewellery ($281k), Butter ($260k), and Other Fermented Beverages ($59.1k). During the last 5 years the exports of Ireland to Cayman Islands have increased at an annualized rate of 5.55%, from $590k in 2017 to $773k in 2022.

In 2017, Cayman Islands exported $73.8k to Ireland. The main products exported from Cayman Islands to Ireland were Jewellery ($52.9k), Tropical Fruits ($4.86k), and Broadcasting Equipment ($3.66k). During the last 5 years the exports of Cayman Islands to Ireland have increased at an annualized rate of 15.3%, from $23.6k in 2022 to $73.8k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Ireland than Cayman Islands included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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

Comparative Advantage Ireland - Cayman Islands

Flow
Scale

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

During 2022, Ireland had a large net trade with Cayman Islands in the exports of Animal Products ($287k), Precious Metals ($281k), and Foodstuffs ($75.4k).

During 2017, Cayman Islands had a large net trade with Ireland in the exports of Precious Metals ($52.9k), Vegetable Products ($5k), and Machines ($4.52k).

Economic Complexity

Competitive Landscape

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

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

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