Venezuela (VEN) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

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Venezuela-Cayman Islands Trade: In 2021, Venezuela exported $11.1k to Cayman Islands. The main products that Venezuela exported to Cayman Islands were N/A. Over the past 22 years the exports of Venezuela to Cayman Islands have decreased at an annualized rate of 10.4%, from $126k in 1999 to $11.1k in 2021.

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

Cayman Islands-Venezuela In N/A, Cayman Islands did not export any products to Venezuela.

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

Comparison In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Venezuela exported $11.1k to Cayman Islands. There were not main exports from Venezuela to Cayman Islands in 2021. During the last 22 years the exports of Venezuela to Cayman Islands have decreased at an annualized rate of 10.4%, from $126k in 1999 to $11.1k in 2021.

Cayman Islands does not register exports to Venezuela.

Exports from Venezuela () to Cayman Islands () (2021)

Exports from Cayman Islands () to Venezuela () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Venezuela than Cayman Islands included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Cayman Islands than Venezuela included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands () and Venezuela () (2022)

Comparative Advantage Venezuela - Cayman Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Cayman Islands () (2021)

Exports from Cayman Islands () to Venezuela () (2021)

Market Competitiveness

Difference in imports from Cayman Islands () and Venezuela () (2022)

Comparative Advantage Venezuela - Cayman Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Cayman Islands () (2021)

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