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Trade between the Cayman Islands and the Netherlands

In 2024, the Cayman Islands exported $1.8 billion to the Netherlands and imported $2.4 billion. The Cayman Islands ran a deficit of $575 million with the Netherlands, compared with a deficit of $1 billion in 2019. The Netherlands was the Cayman Islands’ largest trading partner (46% of its trade), and the Cayman Islands was the Netherlands’ 44th (0.4%).

Summary

Cayman Islands → Netherlands
$1.8billion
Netherlands → Cayman Islands
$2.4billion
The Cayman Islands’ balance
-$575million

Balance

The Cayman Islands’ trade balance with the Netherlands

Trade between the Cayman Islands and the Netherlands grew 1,550.4-fold since 1995

USD billions (current). The Cayman Islands’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.8
  • Imports 2.4
  • Balance -0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$403 thousand$2 million-$2 million
1996$497 thousand$4 million-$4 million
1997$228 thousand$3 million-$3 million
1998$108 thousand$64 million-$64 million
1999$89 thousand$66 million-$66 million
2000$49 thousand$104 million-$104 million
2001$24 thousand$69 million-$69 million
2002$53 thousand$163 million-$163 million
2003$18 thousand$120 million-$120 million
2004$1 thousand$106 million-$106 million
2005$12 thousand$156 million-$156 million
2006$215 thousand$257 million-$256 million
2007$214 thousand$251 million-$251 million
2008$74 thousand$202 million-$202 million
2009$40 thousand$226 million-$226 million
2010$40 thousand$257 million-$257 million
2011$61 thousand$448 million-$448 million
2012$173 thousand$293 million-$293 million
2013$2 million$331 million-$330 million
2014$119 thousand$163 million-$163 million
2015$1 million$192 million-$191 million
2016$693 million$1.3 billion-$598 million
2017$480 million$687 million-$206 million
2018$471 million$1.3 billion-$854 million
2019$1.2 billion$2.2 billion-$1 billion
2020$1.3 billion$2 billion-$691 million
2021$1.9 billion$3.3 billion-$1.3 billion
2022$510 thousand$4 million-$3 million
2023$1.4 billion$2.9 billion-$1.5 billion
2024$1.8 billion$2.4 billion-$575 million

What they sell each other

What the Cayman Islands sells to the Netherlands

The top 10 headings in 2024, with their share of the total.

  1. Yachts and pleasure boats$1.8 billion · 99.7%
    35 thousand tonnes
  2. Airplanes and helicopters$5 million · 0.3%
    1 tonne · the Netherlands’ sources
  3. Fruit and vegetable juices$556 thousand · 0.03%
    121 tonnes
  4. Microchips$187 thousand · 0.01%
    the Netherlands’ sources
  5. Cranes$106 thousand · 0.01%
    6 tonnes
  6. 1 tonne
  7. Other engines and motors$22 thousand · 0%
    1 tonne
  8. 3D printers$11 thousand · 0%
    1 tonne
  9. Cables and wire$7 thousand · 0%
    the Netherlands’ sources

What the Netherlands sells to the Cayman Islands

The top 10 headings in 2024, with their share of the total.

  1. Yachts and pleasure boats$2.4 billion · 99.6%
    32 thousand tonnes
  2. Beer$2 million · 0.07%
    772 tonnes · the Netherlands’ destinations
  3. 7 tonnes · the Netherlands’ destinations
  4. 9 tonnes
  5. Vanilla$531 thousand · 0.02%
    13 tonnes
  6. Spirits$475 thousand · 0.02%
    42 tonnes
  7. Mattresses, pillows and quilts$353 thousand · 0.01%
    13 tonnes
  8. Diagnostic and laboratory reagents$310 thousand · 0.01%
    2 tonnes
  9. Fuel and lubricant additives$284 thousand · 0.01%
    31 tonnes
  10. Parts for cranes and excavators$271 thousand · 0.01%
    10 tonnes

How it travels

The Cayman Islands and the Netherlands traded $4.2 billion in 2024 (both directions together). They trade mostly by air: 92% of the value travels by plane.

Split by transport mode

  1. Sea$349 million · 8.3%
  2. Air$3.8 billion · 91.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The Netherlands was the Cayman Islands’ largest trading partner (46% of its trade), and the Cayman Islands was the Netherlands’ 44th (0.4%).

The Netherlands in the Cayman Islands’ trade
45.8%
The Netherlands’ rank among the Cayman Islands’ partners
1st
The Cayman Islands in the Netherlands’ trade
0.4%
The Cayman Islands’ rank among the Netherlands’ partners
44th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.