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2023
Exports $1.19kWorld Rnk 184 / 199
Flag Rnk 257 / 409
2023
Destination $1.19k Italy
2022 - 2023
FASTEST GROWING MARKET $1.19kItaly
2023
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 167 / 1025
2023
Imports $261kWorld Rnk 179 / 223
Flag Rnk 381 / 929
2023
Origin $51.8k United States
2022 - 2023
FASTEST GROWING ORIGIN $51.8kSweden

About

Exports In 2023, Cayman Islands exported $1.19k in Navigation Equipment, making it the 184th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 257th most exported product in Cayman Islands. The main destination of Navigation Equipment exports from Cayman Islands are: Italy ($1.19k).

The fastest growing export markets for Navigation Equipment of Cayman Islands between 2022 and 2023 were Italy ($1.19k).

Imports In 2023, Cayman Islands imported $261k in Navigation Equipment, becoming the 179th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 381st most imported product in Cayman Islands. Cayman Islands imports Navigation Equipment primarily from: United States ($141k), Sweden ($51.8k), Norway ($34.8k), Turkey ($9.06k), and United Arab Emirates ($8.57k).

The fastest growing import markets in Navigation Equipment for Cayman Islands between 2022 and 2023 were Sweden ($51.8k), Norway ($34.8k), and United Arab Emirates ($8.57k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.19k
IMPORTS (2023)$261k
NET TRADE (2023)-$260k

In 2023, Cayman Islands exported $1.19k in Navigation Equipment. The main destinations of Cayman Islands exports on Navigation Equipment were Italy ($1.19k).

In 2023, Cayman Islands imported $261k in Navigation Equipment, mainly from United States ($141k), Sweden ($51.8k), Norway ($34.8k), Turkey ($9.06k), and United Arab Emirates ($8.57k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Cayman Islands WERE (2022 - 2023):Italy$1.19k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Cayman Islands WERE (2022 - 2023):France-$76 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cayman Islands's main exporting competitors in Navigation Equipment were:
China $3.35B
United States $3.12B
Germany $1.92B
In 2023, Cayman Islands's main importing competitors in Navigation Equipment were:
United States $4.43B
Germany $2.3B
China $1.81B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Navigation Equipment’s highest export potential is N/A. With an export gap of N/A.   Navigation Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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