Merchandise trade in Cayman Islands

Cayman Islands: Merchandise trade was 26.4% in 2024. ▲ Rising

Latest (2024)
26.4%
Change on year
up 2.4%
World rank
183rd
of 204 countries
All-time high
27.6%
in 2022
All-time low
21.6%
in 2010
Years of data
19
2006–2024

Merchandise trade in Cayman Islands, 2006–2024

01020302006201520242006: 25.4 % of GDP2007: 24.1 % of GDP2008: 25.4 % of GDP2009: 22.5 % of GDP2010: 21.6 % of GDP2011: 23.9 % of GDP2012: 23.3 % of GDP2013: 23.4 % of GDP2014: 23.5 % of GDP2015: 22.3 % of GDP2016: 22 % of GDP2017: 22 % of GDP2018: 23.4 % of GDP2019: 24.9 % of GDP2020: 24 % of GDP2021: 25.6 % of GDP2022: 27.6 % of GDP2023: 25.8 % of GDP2024: 26.4 % of GDP

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

Cayman Islands recorded 26.4% for merchandise trade in 2024.

That represents a change of up 2.4% on the previous year and up 12.6% over ten years.

Over the whole period, merchandise trade in Cayman Islands peaked at 27.6% in 2022 and was at its lowest, 21.6%, in 2010.

Cayman Islands ranks 183rd of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Merchandise trade in Cayman Islands, year by year

Annual values for Merchandise trade (% of GDP) in Cayman Islands, 2006 to 2024.
Year % of GDP Change
2006 25.4%
2007 24.1% -5.0%
2008 25.4% +5.3%
2009 22.5% -11.2%
2010 21.6% -4.3%
2011 23.9% +10.7%
2012 23.3% -2.4%
2013 23.4% +0.5%
2014 23.5% +0.3%
2015 22.3% -4.9%
2016 22.0% -1.4%
2017 22.0% -0.1%
2018 23.4% +6.2%
2019 24.9% +6.5%
2020 24.0% -3.4%
2021 25.6% +6.6%
2022 27.6% +7.6%
2023 25.8% -6.3%
2024 26.4% +2.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.3% 22.5% 25.4% 4
2010s 23.0% 21.6% 24.9% 10
2020s 25.9% 24.0% 27.6% 5

Countries ranked near Cayman Islands

  1. 180 Brazil 28.2% compare
  2. 181 Tanzania, United Republic of 27.5% compare
  3. 182 Central African Republic 27.0% compare
  4. 184 Colombia 26.4% compare
  5. 185 Turks and Caicos Islands 26.2% compare
  6. 186 Bangladesh 25.8% compare

See the full ranking of 251 places →

More private sector data for Cayman Islands

All data for Cayman Islands →

Frequently asked questions

What is merchandise trade in Cayman Islands?
Merchandise trade in Cayman Islands was 26.4% in 2024, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Cayman Islands?
The highest recorded value was 27.6% in 2022.
What is the lowest merchandise trade recorded in Cayman Islands?
The lowest recorded value was 21.6% in 2010.
How does Cayman Islands rank for merchandise trade?
Cayman Islands ranks 183rd out of 204 countries with data for 2024.
Is merchandise trade rising or falling in Cayman Islands?
Over the last ten years it is up 12.6%. The long-run trend across the full record is rising.
Where does this Cayman Islands data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Cayman Islands. Statizoid, drawing on World Trade Organization (WTO). Retrieved 30 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/cayman-islands/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.