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Trade between the Cayman Islands and the United States

In 2024, the Cayman Islands exported $65 million to the United States and imported $1.2 billion. The Cayman Islands ran a deficit of $1.1 billion with the United States, compared with a deficit of $670 million in 2019. The United States was the Cayman Islands’ 3rd largest trading partner (13% of its trade), and the Cayman Islands was the United States’ 97th (0%).

Summary

Cayman Islands → United States
$65million
United States → Cayman Islands
$1.2billion
The Cayman Islands’ balance
-$1.1billion

Balance

The Cayman Islands’ trade balance with the United States

Trade between the Cayman Islands and the United States grew 8.2-fold since 1995

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

  • Exports 0.1
  • Imports 1.2
  • Balance -1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$15 million$136 million-$121 million
1996$15 million$151 million-$136 million
1997$17 million$194 million-$177 million
1998$12 million$322 million-$311 million
1999$7 million$261 million-$254 million
2000$4 million$241 million-$237 million
2001$4 million$191 million-$187 million
2002$3 million$174 million-$171 million
2003$5 million$234 million-$230 million
2004$6 million$305 million-$299 million
2005$5 million$469 million-$464 million
2006$7 million$471 million-$464 million
2007$7 million$478 million-$472 million
2008$3 million$563 million-$560 million
2009$4 million$478 million-$474 million
2010$4 million$434 million-$430 million
2011$6 million$456 million-$450 million
2012$7 million$492 million-$486 million
2013$8 million$503 million-$494 million
2014$15 million$515 million-$500 million
2015$85 million$518 million-$433 million
2016$75 million$573 million-$498 million
2017$16 million$657 million-$641 million
2018$14 million$627 million-$613 million
2019$33 million$704 million-$670 million
2020$16 million$990 million-$974 million
2021$13 million$1.1 billion-$1.1 billion
2022$52 million$1.3 billion-$1.3 billion
2023$29 million$1.2 billion-$1.2 billion
2024$65 million$1.2 billion-$1.1 billion

What they sell each other

What the Cayman Islands sells to the United States

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

  1. Refined petroleum$30 million · 45.6%
    32 thousand tonnes · the United States’ sources
  2. Batteries$18 million · 28%
    361 tonnes · the United States’ sources
  3. Cameras and broadcast equipment$8 million · 12.6%
    23 tonnes
  4. Computer and office machine parts$4 million · 5.7%
  5. Ferrous scrap$1 million · 1.7%
    4 thousand tonnes · the United States’ sources
  6. Copper scrap$558 thousand · 0.86%
    149 tonnes
  7. Aluminum scrap$464 thousand · 0.72%
    327 tonnes
  8. Precious metal scrap$410 thousand · 0.63%
  9. Computers$373 thousand · 0.58%
    1 tonne · the United States’ sources
  10. Spirits$295 thousand · 0.46%
    33 tonnes

What the United States sells to the Cayman Islands

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

  1. Refined petroleum$200 million · 17.2%
    201 thousand tonnes · the United States’ destinations
  2. Furniture$29 million · 2.5%
    5 thousand tonnes · the United States’ destinations
  3. Other food preparations$28 million · 2.5%
    291 tonnes
  4. Gold$27 million · 2.4%
    1 tonne · the United States’ destinations
  5. Cars$26 million · 2.2%
    2 thousand tonnes · the United States’ destinations
  6. Jewelry$24 million · 2.1%
    1 tonne · the United States’ destinations
  7. Plastic tableware and household items$21 million · 1.8%
    3 thousand tonnes
  8. Medical and dental instruments$16 million · 1.4%
    129 tonnes · the United States’ destinations
  9. Monitors and projectors$15 million · 1.3%
    124 tonnes · the United States’ destinations
  10. Plastic building fittings$15 million · 1.3%
    2 thousand tonnes

How it travels

Estimated sea route from George Town to Los Angeles.

The estimated sea route between George Town and Los Angeles is 3,687 nautical miles (6,828 km) long: ≈ 8.5–11 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$955 million · 77.9%
  2. Air$271 million · 22.1%

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

How much each matters to the other

The United States was the Cayman Islands’ 3rd largest trading partner (13% of its trade), and the Cayman Islands was the United States’ 97th (0%).

The United States in the Cayman Islands’ trade
13.4%
The United States’ rank among the Cayman Islands’ partners
3rd
The Cayman Islands in the United States’ trade
0%
The Cayman Islands’ rank among the United States’ partners
97th

Compare with

Other partners of the Cayman Islands

Other partners of the United States

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.