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Cayman Islands Trade Summary

2022

Cayman Islands exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CAYMAN ISLANDS 2022

Overall Exports and Imports for Cayman Islands 2022

Exports and imports of Cayman Islands in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 38 million.
  • The total value of imports (CIF) was 1,796 million.
  • At the HS6 digit level, 374 products were exported to 3 countries and 3,258 products were imported from 143 countries.

Cayman Islands top 5 Export and Import partners 2022

Top five countries to which Cayman Islands exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Cayman Islands exports to United States worth US$ 32 million, with a partner share of 84.89 percent.
  2. Cayman Islands exports to United Kingdom worth US$ 4 million, with a partner share of 9.57 percent.
  3. Cayman Islands exports to Jamaica worth US$ 2 million, with a partner share of 5.54 percent.

Top five countries from which Cayman Islands imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Cayman Islands imports from United States worth US$ 1,482 million, with a partner share of 82.50 percent.
  2. Cayman Islands imports from Jamaica worth US$ 66 million, with a partner share of 3.65 percent.
  3. Cayman Islands imports from United Kingdom worth US$ 32 million, with a partner share of 1.81 percent.
  4. Cayman Islands imports from Dominican Republic worth US$ 22 million, with a partner share of 1.24 percent.
  5. Cayman Islands imports from Canada worth US$ 21 million, with a partner share of 1.18 percent.

Cayman Islands Top 5 Productsexports imports at HS 6 digit level 2022

The top five exported HS 6 digit level products to world by Cayman Islands along with trade value are:

  1. Cayman Islands exported Petroleum oils, etc, (excl. crude); preparation , worth 12,137.29 (US$ Thousands).
  2. Cayman Islands exported Transmission apparatus, for radioteleph incorpo , worth 7,407.67 (US$ Thousands).
  3. Cayman Islands exported Waste and scrap, of alloy steel, other than sta , worth 1,941.36 (US$ Thousands).
  4. Cayman Islands exported Measuring or checking instruments, appliances a , worth 1,329.56 (US$ Thousands).
  5. Cayman Islands exported Fruits of genus Capiscum or Pimenta, dried, cru , worth 1,097.78 (US$ Thousands).

The top five imported HS 6 digit level products from world by Cayman Islands along with trade value are

  1. Cayman Islands imported Petroleum oils, etc, (excl. crude); preparation , worth 271,137.22 (US$ Thousands).
  2. Cayman Islands imported Other food preparations, nes , worth 47,930.01 (US$ Thousands).
  3. Cayman Islands imported Gold in oth semi-manufactured forms,non-monetar , worth 41,057.92 (US$ Thousands).
  4. Cayman Islands imported Dresses of other textiles, nes , worth 39,081.75 (US$ Thousands).
  5. Cayman Islands imported Household and toilet articles of plastics, nes , worth 31,704.26 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Cayman Islands in 2022 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2022

Key Development Indicators of Cayman Islands in 2022 are below

  • Cayman Islands GDP in current US dollar was 6,601 million.
  • GNI per capita, Atlas method (current US$) was 61,780.00 .
  • Cayman Islands Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 87.41 .

Trade Indicators 2022

Trade Indicators for Cayman Islands in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 1.31.
  • World Growth in percentage was 5.84 and Cayman Islands Country Growth was -1.80 .