2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Cayman Islands In 2021, Russia exported $17.7M to Cayman Islands. The main products that Russia exported to Cayman Islands are N/A. During the last 25 years the exports of Russia to Cayman Islands have increased at an annualized rate of 1.9%, from $11M in 1996 to $17.7M in 2021.

In 2020, Russia exported services to Cayman Islands worth $59.3M, with Other business services ($40.1M), Computer and information services ($9.83M), and Financial services ($6.64M) being the largest in terms of value.

Cayman Islands-Russia In 2021, Cayman Islands exported $377k to Russia. The main products that Cayman Islands exported to Russia were N/A. During the last 25 years the exports of Cayman Islands to Russia have decreased at an annualized rate of 8.58%, from $3.56M in 1996 to $377k in 2021.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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 2021, Russia exported $17.7M to Cayman Islands. There were not main exports from Russia to Cayman Islands in 2021. During the last 25 years the exports of Russia to Cayman Islands have increased at an annualized rate of 1.9%, from $11M in 1996 to $17.7M in 2021.

In 2021, Cayman Islands exported $377k to Russia. There were not main exports from Cayman Islands to Russia in 2021. During the last 22 years the exports of Cayman Islands to Russia have decreased at an annualized rate of 8.58%, from $3.56M in 1999 to $377k in 2021.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Cayman Islands
Top Destination
Malta$218M

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

In 2021, countries that imported more from Russia than Cayman Islands were China ($101B), India ($40.4B), and Germany ($27.7B).

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

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

Comparative Advantage Russia - Cayman Islands

Flow
Scale

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

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

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

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Cayman Islands worth $59.3M, with Other business services ($40.1M), Computer and information services ($9.83M), and Financial services ($6.64M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Cayman Islands (Flag) (2020)

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 Russia has comparative advantage over Cayman Islands. Similarly, the more yellow a dot/product is, the more Cayman Islands has comparative advantage over Russia.

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

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