2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Japan-Cayman Islands Trade: In 2022, Japan exported $15.4M to Cayman Islands. The main products that Japan exported to Cayman Islands were Cars ($10.8M), Delivery Trucks ($2.46M), and Buses ($585k). Over the past 5 years the exports of Japan to Cayman Islands have decreased at an annualized rate of 36.9%, from $154M in 2017 to $15.4M in 2022.

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

Cayman Islands-Japan Trade: In 2022, Cayman Islands exported $25k to Japan. The main products that Cayman Islands exported to Japan were Gas Turbines ($25k). Over the past 5 years the exports of Cayman Islands to Japan have decreased at an annualized rate of 3.43%,  from $29.7k in 2017 to $25k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported $15.4M to Cayman Islands. The main products exported from Japan to Cayman Islands were Cars ($10.8M), Delivery Trucks ($2.46M), and Buses ($585k). During the last 5 years the exports of Japan to Cayman Islands have decreased at an annualized rate of 36.9%, from $154M in 2017 to $15.4M in 2022.

In 2017, Cayman Islands exported $25k to Japan. The main products exported from Cayman Islands to Japan were Gas Turbines ($25k). During the last 5 years the exports of Cayman Islands to Japan have decreased at an annualized rate of 3.43%, from $29.7k in 2022 to $25k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Japan than Cayman Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Cayman Islands

Flow
Scale

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

During 2022, Japan had a large net trade with Cayman Islands in the exports of Transportation ($13.9M), Machines ($1.3M), and Instruments ($64.8k).

During 2017, Cayman Islands had a large net trade with Japan in the exports of Machines ($25k).

Economic Complexity

Competitive Landscape

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

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

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