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Cayman Islands Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Cayman Islands

Overall Exports and Imports for Cayman Islands 2023

  • The total value of exports (FOB) is US$ 45 million.
  • The total value of imports (CIF) is US$ 1,832 million.
  • At the HS6 digit level, 402 products are exported to 3 countries and 3,274 products are imported from 137 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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

  • Cayman Islands exported Petroleum oils, etc, (excl. crude); preparation , worth 15,858.51 (US$ Thousands).
  • Cayman Islands exported Transmission apparatus, for radioteleph incorpo , worth 5,212.76 (US$ Thousands).
  • Cayman Islands exported Ethyl alcohol and other denatured spirits of an , worth 2,778.53 (US$ Thousands).
  • Cayman Islands exported Fruits of genus Capiscum or Pimenta, dried, cru , worth 2,083.21 (US$ Thousands).
  • Cayman Islands exported Measuring or checking instruments, appliances a , worth 1,167.31 (US$ Thousands).

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

  • Cayman Islands imported Petroleum oils, etc, (excl. crude); preparation , worth 253,049.73 (US$ Thousands).
  • Cayman Islands imported Other food preparations, nes , worth 53,091.11 (US$ Thousands).
  • Cayman Islands imported Household and toilet articles of plastics, nes , worth 31,983.66 (US$ Thousands).
  • Cayman Islands imported Automobiles nes including gas turbine powered , worth 28,444.02 (US$ Thousands).
  • Cayman Islands imported Art. of jewellery and pts thereof of base mtl c , worth 26,021.95 (US$ Thousands).

Cayman Islands top 5 Export and Import partners 2023

The top five countries to which Cayman Islands exported 2023 along with the partner share in percentage are:

  1. Cayman Islands exports to United States worth US$ 37 million, with a partner share of 81.20 percent.
  2. Cayman Islands exports to United Kingdom worth US$ 5 million, with a partner share of 10.90 percent.
  3. Cayman Islands exports to Jamaica worth US$ 4 million, with a partner share of 7.90 percent.

The top five countries to which Cayman Islands imported goods 2023 along with the share in percentage are

  1. Cayman Islands imports from United States worth US$ 1,503 million, with a partner share of 82.05 percent.
  2. Cayman Islands imports from Jamaica worth US$ 72 million, with a partner share of 3.90 percent.
  3. Cayman Islands imports from United Kingdom worth US$ 45 million, with a partner share of 2.48 percent.
  4. Cayman Islands imports from China worth US$ 24 million, with a partner share of 1.33 percent.
  5. Cayman Islands imports from Switzerland worth US$ 19 million, with a partner share of 1.06 percent.

Cayman Islands Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2021

Tariffs imposed by Cayman Islands in 2021 are below.

  • The maximum rate of tariff in percentage on any product is 2,373.84.
  • The simple average tariff across all products is 22.79.
  • The trade weighted average tariff is 20.39.
  • The total duty free imports in thousands of US dollars are 179,875.31 and duty free tariff line items share is 12.65.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Cayman Islands World Development Indicators (WDI) 2023

Key Development Indicators of Cayman Islands in 2023 are below

WDI

Cayman Islands Doing Business

  • The ease of doing business rank for Cayman Islands is not available.
  • The trade across border rank is not available.
Doing Business

Cayman Islands Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

Cayman IslandsLogistics Performance Index (LPI)

  • The LPI score for Cayman Islands in is not available.
  • The LPI rank is not available.
LPI

Cayman Islands Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Cayman Islands is not available.
SPRD