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Exports In 2022, Cayman Islands exported $100k in Pharmaceutical products, making it the 179th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 28th most exported product in Cayman Islands. The main destination of Pharmaceutical products exports from Cayman Islands are: Barbados ($66.2k), United Kingdom ($18.2k), Jamaica ($4.19k), Bahamas ($3.92k), and Bermuda ($2.85k).

The fastest growing export markets for Pharmaceutical products of Cayman Islands between 2021 and 2022 were Barbados ($60.4k), Bahamas ($3.92k), and Estonia ($896).

Imports In 2022, Cayman Islands imported $26.5M in Pharmaceutical products, becoming the 172nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 14th most imported product in Cayman Islands. Cayman Islands imports Pharmaceutical products primarily from: United Kingdom ($12M), United States ($6.59M), India ($2.29M), Canada ($1.66M), and Turkey ($1.31M).

The fastest growing import markets in Pharmaceutical products for Cayman Islands between 2021 and 2022 were India ($255k), Switzerland ($147k), and South Korea ($47.1k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Pharmaceutical products from Cayman Islands to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Pharmaceutical products. 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 (2022)$100k
IMPORTS (2022)$26.5M
NET TRADE (2022)-$26.4M

In 2022, Cayman Islands exported $100k in Pharmaceutical products. The main destinations of Cayman Islands exports on Pharmaceutical products were Barbados ($66.2k), United Kingdom ($18.2k), Jamaica ($4.19k), Bahamas ($3.92k), and Bermuda ($2.85k).

In 2022, Cayman Islands imported $26.5M in Pharmaceutical products, mainly from United Kingdom ($12M), United States ($6.59M), India ($2.29M), Canada ($1.66M), and Turkey ($1.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Cayman Islands WERE (2021 - 2022):
Barbados$60.4k (1.03k%)
Bahamas$3.92k (1%)
Estonia$896 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Cayman Islands WERE (2021 - 2022):
United Kingdom-$25.3k (-58.2%)
Jamaica-$4.18k (-49.9%)
Canada-$3.88k (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Cayman Islands's main exporting competitors in Pharmaceutical products were:
In 2022, Cayman Islands's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

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

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