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2022
Flag → Flag
Exports $411MRnk 82 / 221
2022
Flag → Flag
Top Product $394MRecreational Boats
2022
Flag → Flag
Exports $16.6MRnk 8 / 92
2022
Flag → Flag
Top Product $16.3MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Cayman Islands Trade: In 2022, Italy exported $411M to Cayman Islands. The main products that Italy exported to Cayman Islands were Recreational Boats ($394M), Unglazed Ceramics ($2.73M), and Wine ($2.4M). Over the past 5 years the exports of Italy to Cayman Islands have increased at an annualized rate of 14.3%, from $211M in 2017 to $411M in 2022.

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

Cayman Islands-Italy Trade: In 2022, Cayman Islands exported $16.6M to Italy. The main products that Cayman Islands exported to Italy were Recreational Boats ($16.3M), Machinery Having Individual Functions ($76.7k), and Transmissions ($48.6k). Over the past 5 years the exports of Cayman Islands to Italy have increased at an annualized rate of 6.49%,  from $12.1M in 2017 to $16.6M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Cayman Islands, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Growth In N/A, the N/A in Italy's year-by-year exports to Cayman Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Cayman Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Cayman Islands and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $411M to Cayman Islands. The main products exported from Italy to Cayman Islands were Recreational Boats ($394M), Unglazed Ceramics ($2.73M), and Wine ($2.4M). During the last 5 years the exports of Italy to Cayman Islands have increased at an annualized rate of 14.3%, from $211M in 2017 to $411M in 2022.

In 2017, Cayman Islands exported $16.6M to Italy. The main products exported from Cayman Islands to Italy were Recreational Boats ($16.3M), Machinery Having Individual Functions ($76.7k), and Transmissions ($48.6k). During the last 5 years the exports of Cayman Islands to Italy have increased at an annualized rate of 6.49%, from $12.1M in 2022 to $16.6M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Italy than Cayman Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Cayman Islands

Flow
Scale

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

During 2022, Italy had a large net trade with Cayman Islands in the exports of Transportation ($394M), Stone And Glass ($4.06M), and Foodstuffs ($3.89M).

During 2017, Cayman Islands had a large net trade with Italy in the exports of Transportation ($16.4M), Machines ($211k), and Textiles ($24.1k).

Economic Complexity

Competitive Landscape

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

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

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