Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Cayman Islands

Cayman Islands ranked No. 89 in total trade value through March with a total of $328.33 million. Exports totaled $317.55 million and Imports totaled $10.78 million, a surplus of $306.76 million.

January – March 2019

Top Trading Ports

Total Trade: $328.33 million

RankPortTotal YTD
1Port Everglades, Fla. $70,392,504
2Port of Palm Beach, Fla. $62,351,974
3Low-Valued Imports and Exports $54,702,974
4Seattle-Tacoma International Airport $51,021,061
5Miami International Airport $33,100,560
6Port of Houston $14,058,924
7Port of Mobile, Ala. $11,250,000
8Port of Greater Baton Rouge, La. $10,802,313
9Port Miami $8,054,360
10Port of New Orleans $3,725,200

U.S. trade with Cayman Islands rose to $328.33 million through March

Cayman Islands’s trade with the United States rose to $328.33 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 52.44 percent above its total trade during the same time period last year. Cayman Islands’s exports increased 52.62 percent while imports rose 47.39 percent. The U.S. surplus with Cayman Islands was $306.76 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Port of Palm Beach, Fla.; No. 3 Low-Valued Imports and Exports; No. 4 Seattle-Tacoma International Airport; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 Low-Valued Imports and Exports No. 2 Port Everglades, Fla. No. 3 Port of Palm Beach, Fla. No. 4 Port of Houston and No. 5 Miami International Airport. In the current time period, the top five accounted for 82.71 percent of Cayman Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. rose 49.43 percent to $70.39 million.
    Exports rose 45.5 percent to $67.98 million. Imports rose 528.98 percent to $2.41 million.
  • Trade with No. 2 Port of Palm Beach, Fla. rose 85.96 percent to $62.35 million.
    Exports rose 91.63 percent to $62.18 million. Imports fell 84.17 percent to $171,219.
  • Trade with No. 3 Low-Valued Imports and Exports rose 7.34 percent to $54.7 million.
    Exports rose 7.34 percent to $54.7 million. There were no imports.
  • Trade with No. 4 Seattle-Tacoma International Airport totaled $51.02 million.
    Exports totaled $51.02 million. There were no imports.
  • Trade with No. 5 Miami International Airport rose 80.4 percent to $33.1 million.
    Exports rose 74.83 percent to $26.16 million. Imports rose 105.04 percent to $6.94 million.

Cayman Islands ranked No. 89 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 99.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Cayman Islands by value through March were the categories of Civilian aircraft, parts; Low value shipments; Gasoline, other fuels; Motorboats and yachts; and Jewelry, parts, respectively. They accounted for 59.05 percent of total exports to Cayman Islands.

The value of the top five categories of U.S. imports from Cayman Islands –– Value added to a returned import; Cell phones, related equipment; Computers; Salvage; and Compressors and pumps –– accounted for 95.02 percent of all inbound shipments.

Looking more closely at U.S. exports to Cayman Islands:

  • Civilian aircraft, parts rose 19745 percent compared to last year to $58.37 million.
  • Low value shipments rose 7.34 percent compared to last year to $54.7 million.
  • Gasoline, other fuels fell 4.17 percent compared to last year to $37.83 million.
  • Motorboats and yachts rose 4996.6 percent compared to last year to $29.46 million.
  • Jewelry, parts fell 28.36 percent compared to last year to $7.13 million.

Looking more closely at U.S. imports from Cayman Islands:

  • Value added to a returned import rose 24.29 percent compared to last year to $5.02 million.
  • Cell phones, related equipment rose 168.46 percent compared to last year to $4.48 million.
  • Computers rose 40.82 percent compared to last year to $368,696.
  • Salvage rose 30.89 percent compared to last year to $228,995.
  • Compressors and pumps totaled $150,686. The previous year, there were no imports in this category.

In the latest annual figures available, Cayman Islands recorded $938.55 million in trade with the United States. At year’s end, its were Miami; Low Value Shipments; Houston; New Orleans; and Phoenix/Nogales. Total U.S. exports to Cayman Islands were $ 884.29 million and imports from Cayman Islands were $54.26 million. The U.S. surplus with Cayman Islands was $830.03 million.