Cayman Islands Balance of Trade2022 Data - 2023 Forecast - 1971-2021 Historical

Name: Cayman Islands Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Cayman Islands,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Cayman Islands recorded a trade deficit of 1267.70 KYD Million in 2021. source: Cayman Islands - The Economics & Statistics Office

Balance of Trade in Cayman Islands averaged -446.24 KYD Million from 1971 until 2021, reaching an all time high of -8.40 KYD Million in 1971 and a record low of -1267.70 KYD Million in 2021. This page provides - Cayman Islands Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Balance of Trade - values, historical data and charts - was last updated on February of 2023.

Balance of Trade in Cayman Islands is expected to reach -1200.00 KYD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Balance of Trade is projected to trend around -1300.00 KYD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-1267.70	-1097.30	KYD Million	Dec 2021
Current Account to GDP	-13.60	-14.70	percent of GDP	Dec 2021
Current Account	-684.50	-689.60	KYD Million	Dec 2021
Imports	383.30	387.56	KYD Million	Sep 2022
Exports	14.30	17.70	KYD Million	Dec 2021

Cayman Islands Balance of Trade

The Cayman Islands run consistent trade deficits as the country imports most of what it consumes. The Cayman Islands mostly exports aircraft, transportation vessels, recreational vehicles, fuel, jewellery and paintings. The Cayman Islands mostly imports recreational vehicles, coal, transportation vehicles, aircraft, fuel, soybeans, natural gas, jewellery and furniture. The Cayman Islands’ main trading partner is the United States, accounting for over 80 percent of total trade. Others include Germany, Switzerland, the United Kingdom, Jamaica and Mexico.