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Exports In 2023, Cayman Islands exported $296M in Recreational Boats, making it the 15th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 2nd most exported product in Cayman Islands. The main destination of Recreational Boats exports from Cayman Islands are: Cyprus ($172M), Italy ($39.1M), Malta ($38.9M), France ($19.8M), and Croatia ($13M).

The fastest growing export markets for Recreational Boats of Cayman Islands between 2022 and 2023 were Cyprus ($172M), Italy ($22.8M), and Malta ($16.3M).

Imports In 2023, Cayman Islands imported $1.83B in Recreational Boats, becoming the 2nd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 1st most imported product in Cayman Islands. Cayman Islands imports Recreational Boats primarily from: Germany ($974M), Italy ($646M), Turkey ($156M), Poland ($24.9M), and United States ($10.9M).

The fastest growing import markets in Recreational Boats for Cayman Islands between 2022 and 2023 were Germany ($853M), Italy ($252M), and Turkey ($65.7M).

Latest Trends

Jan 2025

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 Recreational Boats. 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

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EXPORTS (2023)$296M
IMPORTS (2023)$1.83B
NET TRADE (2023)-$1.54B

In 2023, Cayman Islands exported $296M in Recreational Boats. The main destinations of Cayman Islands exports on Recreational Boats were Cyprus ($172M), Italy ($39.1M), Malta ($38.9M), France ($19.8M), and Croatia ($13M).

In 2023, Cayman Islands imported $1.83B in Recreational Boats, mainly from Germany ($974M), Italy ($646M), Turkey ($156M), Poland ($24.9M), and United States ($10.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Cayman Islands WERE (2022 - 2023):
Cyprus$172M (1%)
Italy$22.8M (140%)
Malta$16.3M (71.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Cayman Islands WERE (2022 - 2023):
Seychelles-$121M (-100%)
United States-$25.3M (-100%)
France-$10.9M (-35.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Cayman Islands's main exporting competitors in Recreational Boats were:
In 2023, Cayman Islands's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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