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Trade & investment · Latin America & Caribbean · High income
Cayman Islands: trade and investment
Exports is 59.6% (2020), 39th of 184 in the world and 3rd of 27 in Latin America & Caribbean. Imports is 45.8% (2020), 90th of 184 in the world and 9th of 27 in Latin America & Caribbean. Trade openness is 105.5% (2020), 56th of 184 in the world and 6th of 27 in Latin America & Caribbean.
Current account
Cayman Islands
Merchandise exports
Cayman Islands
13 indicators
Trade & investment: Cayman Islands in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 59.6%2020 | 39/184 | 3/27 | · | · | 59.6% | — | 26.1% | 31.7% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 45.8%2020 | 90/184 | 9/27 | · | · | 45.8% | — | 26.4% | 30.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 105.5%2020 | 56/184 | 6/27 | · | · | 105.5% | — | 49.1% | 60.5% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -8.8%2024 | 157/185 | 28/35 | · | · | -16.3% | — | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $25.0m2025 | 198/206 | 37/39 | · | $24.0m | $21.0m | −62%since 2015 | $1.7tn | $17.5tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 85.5%2024 | 1/170 | 1/32 | · | · | 69.6% | — | 13.1% | 25.8% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 52.3%2024 | 24/172 | 2/32 | · | · | 11.8% | — | 8.8% | 10.4% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 3.8%2024 | 145/172 | 30/32 | · | · | 1.8% | — | 23.6% | 8.8% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 20.4%2021 | 3/184 | 1/35 | · | · | 20.4%2021 | — | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 40.9%2024 | 3/197 | 2/38 | · | 504.4% | 123.3% | −968.1 ppsince 2014 | 2.8% | 1.5% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 0.1%2024 | 158/178 | 33/35 | · | · | 0.2% | — | 2.4% | 0.3% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 660,0002020 | 113/196 | 24/41 | 1.4m | 1.9m | 660,000 | −65%since 2010 | 202m | 1.5bn | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $964m2019 | 77/177 | 17/36 | $559m | $465m | $964m2019 | +110%since 2009 | $105bn | $1.2tn | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
nearest countries
Cayman Islands and its nearest countries
Cayman Islands has no land border; compared with the closest countries by distance between capitals. Latest values since 2005; the highest in each row is marked.
| Indicator | Cayman Islands | Cuba | Jamaica | Bahamas | Honduras |
|---|---|---|---|---|---|
| Exports | 59.6%2020 | 42.5%2024 | — | 37.8%2024 | 35.0%2025 |
| Imports | 45.8%2020 | 82.4%2024 | — | 41.5%2024 | 56.5%2025 |
| Trade openness | 105.5%2020 | 124.9%2024 | — | 79.2%2024 | 91.5%2025 |
| Current account | -8.8%2024 | — | 1.5%2025 | -6.6%2024 | 2.5%2025 |
| Merchandise exports | $25.0m2025 | $1.6bn2025 | $1.7bn2025 | $711m2025 | $12.0bn2025 |
| High-tech exports | 85.5%2024 | 7.9%2022 | 2.6%2023 | 0.0%2024 | 3.9%2024 |
| Fuel exports | 52.3%2024 | 5.7%2021 | 23.9%2025 | 0.0%2024 | 0.0%2024 |
| Food exports | 3.8%2024 | 30.7%2022 | 29.5%2025 | 52.2%2024 | 53.5%2024 |
| Average tariff | 20.4%2021 | 9.2%2022 | 9.2%2022 | 16.3%2022 | 2.1%2022 |