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2022
Flag → Flag
Exports $150MRnk 117 / 219
2022
Flag → Flag
Top Product $89.9MRecreational Boats
2022
Flag → Flag
Exports $6.57kRnk 62 / 92
2022
Flag → Flag
Top Product $6.44kOther Nickel Products
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Turkey-Cayman Islands Trade: In 2022, Turkey exported $150M to Cayman Islands. The main products that Turkey exported to Cayman Islands were Recreational Boats ($89.9M), Planes, Helicopters, and/or Spacecraft ($40M), and Refined Petroleum ($15.7M). Over the past 5 years the exports of Turkey to Cayman Islands have increased at an annualized rate of 48.1%, from $21M in 2017 to $150M in 2022.

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

Cayman Islands-Turkey Trade: In 2022, Cayman Islands exported $6.57k to Turkey. The main products that Cayman Islands exported to Turkey were Other Nickel Products ($6.44k), Microphones and Headphones ($110), and House Linens ($9). Over the past 5 years the exports of Cayman Islands to Turkey have decreased at an annualized rate of 58.8%,  from $553k in 2017 to $6.57k in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $150M to Cayman Islands. The main products exported from Turkey to Cayman Islands were Recreational Boats ($89.9M), Planes, Helicopters, and/or Spacecraft ($40M), and Refined Petroleum ($15.7M). During the last 5 years the exports of Turkey to Cayman Islands have increased at an annualized rate of 48.1%, from $21M in 2017 to $150M in 2022.

In 2017, Cayman Islands exported $6.57k to Turkey. The main products exported from Cayman Islands to Turkey were Other Nickel Products ($6.44k), Microphones and Headphones ($110), and House Linens ($9). During the last 5 years the exports of Cayman Islands to Turkey have decreased at an annualized rate of 58.8%, from $553k in 2022 to $6.57k in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Turkey than Cayman Islands included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

Comparative Advantage Turkey - Cayman Islands

Flow
Scale

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

During 2022, Turkey had a large net trade with Cayman Islands in the exports of Transportation ($130M), Mineral Products ($15.7M), and Chemical Products ($1.33M).

During 2017, Cayman Islands had a large net trade with Turkey in the exports of Metals ($6.44k), Machines ($110), and Textiles ($14).

Economic Complexity

Competitive Landscape

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

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

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