2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Netherlands-Cayman Islands Trade: In 2022, Netherlands exported $4.31M to Cayman Islands. The main products that Netherlands exported to Cayman Islands were Beer ($1.51M), Concentrated Milk ($258k), and Orthopedic Appliances ($225k). Over the past 5 years the exports of Netherlands to Cayman Islands have decreased at an annualized rate of 63.7%, from $687M in 2017 to $4.31M in 2022.

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

Cayman Islands-Netherlands Trade: In 2022, Cayman Islands exported $510k to Netherlands. The main products that Cayman Islands exported to Netherlands were Trunks and Cases ($160k), Rubber Footwear ($118k), and Other Engines ($88.5k). Over the past 5 years the exports of Cayman Islands to Netherlands have decreased at an annualized rate of 74.6%,  from $480M in 2017 to $510k in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). 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, Netherlands exported $4.31M to Cayman Islands. The main products exported from Netherlands to Cayman Islands were Beer ($1.51M), Concentrated Milk ($258k), and Orthopedic Appliances ($225k). During the last 5 years the exports of Netherlands to Cayman Islands have decreased at an annualized rate of 63.7%, from $687M in 2017 to $4.31M in 2022.

In 2017, Cayman Islands exported $510k to Netherlands. The main products exported from Cayman Islands to Netherlands were Trunks and Cases ($160k), Rubber Footwear ($118k), and Other Engines ($88.5k). During the last 5 years the exports of Cayman Islands to Netherlands have decreased at an annualized rate of 74.6%, from $480M in 2022 to $510k in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Netherlands than Cayman Islands included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Cayman Islands

Flow
Scale

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

During 2022, Netherlands had a large net trade with Cayman Islands in the exports of Foodstuffs ($1.87M), Machines ($413k), and Miscellaneous ($360k).

During 2017, Cayman Islands had a large net trade with Netherlands in the exports of Footwear and Headwear ($225k), Animal Hides ($161k), and Machines ($103k).

Economic Complexity

Competitive Landscape

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

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

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