Trade balance in the Cayman Islands in 2020 — 780,123,120 US$. Ranked 57 in the world out of 184. Since 2017, the indicator has fallen by 50.7%.
2017–2020 · US$
How the value compares with the world and the groups this territory belongs to: Cayman Islands
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2020 | 780M | −652M | −45.53% |
| 2019 | 1.43B | −8.88M | −0.62% |
| 2018 | 1.44B | −140M | −8.86% |
| 2017 | 1.58B | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
