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Pricing

2021
Flag → Flag
Exports $328kRnk 28 / 0
2021
Flag → Flag
Exports $37Rnk 65 / 0
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Cayman Islands In 2021, Iceland exported $328k to Cayman Islands. The main products that Iceland exported to Cayman Islands are N/A. During the last 25 years the exports of Iceland to Cayman Islands have decreased at an annualized rate of 17.3%, from $38.1M in 1996 to $328k in 2021.

In 2021, Iceland did not export any services to Cayman Islands.

Cayman Islands-Iceland In 2021, Cayman Islands exported $37 to Iceland. The main products that Cayman Islands exported to Iceland were N/A. During the last 25 years the exports of Cayman Islands to Iceland have decreased at an annualized rate of 38.2%, from $6.33M in 1996 to $37 in 2021.

In 2021, Cayman Islands did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $328k to Cayman Islands. There were not main exports from Iceland to Cayman Islands in 2021. During the last 25 years the exports of Iceland to Cayman Islands have decreased at an annualized rate of 17.3%, from $38.1M in 1996 to $328k in 2021.

In 2021, Cayman Islands exported $37 to Iceland. There were not main exports from Cayman Islands to Iceland in 2021. During the last 15 years the exports of Cayman Islands to Iceland have decreased at an annualized rate of 38.2%, from $6.33M in 2006 to $37 in 2021.

Exports from Iceland (Flag) to Cayman Islands (Flag) (2021)

Exports from Cayman Islands (Flag) to Iceland (Flag) (2021)

Latest Data

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

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Cayman Islands
Top DestinationMalta$218M

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

In 2021, countries that imported more from Iceland than Cayman Islands were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Cayman Islands than Iceland were Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

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

Comparative Advantage Iceland - Cayman Islands

Flow
Scale

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

During 2021, Iceland had a large net trade with Cayman Islands in the exports of .

During 2021, Cayman Islands had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Cayman Islands. Similarly, the more yellow a dot/product is, the more Cayman Islands has comparative advantage over Iceland.

Product Space of Iceland (Flag) and Cayman Islands (Flag) (2021)

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