US trade (export - import) with the Cayman Islands in 2018

Published or Updated: Jun 04, 2019

The report on US foreign trade in goods with the Cayman Islands in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with the Cayman Islands

In 2018, US trade with the Cayman Islands totaled $969.6 million, up 3.68% ($34.4 million) from 2017.

US exports to the Cayman Islands in 2018 totaled $936.5 million, up 6.39% ($56.3 million) from 2017.

US imports from the Cayman Islands in 2018 were $33.1 million, down 39.77% ($21.9 million) from 2017.

US trade surplus with the Cayman Islands in 2018 was $903.4 million, a 9.47% increase ($78.1 million) over 2017.

The Cayman Islands was the US 100th largest trading partner in 2018 (down from 96th in 2017), accounting for 0.0227% of US total trade (down from 0.0236% in 2017).

The Cayman Islands was the US 81st largest export market in 2018 (up from 82nd in 2017), accounting for 0.0563% of US total exports (down from 0.0569% in 2017).

The Cayman Islands was the US 150th largest supplier in 2018 (down from 139th in 2017), accounting for 0.0013% of US total imports (down from 0.0023% in 2017).

US Exports to the Cayman Islands

The major share of US exports to the Cayman Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 29.30% of US total exports to the Cayman Islands (17.13% in 2017);
  • Mineral products (HS codes 25-27) - 14.03% of US total exports to the Cayman Islands (26.06% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.53% of US total exports to the Cayman Islands (9.16% in 2017);
  • Precious metals and stones (HS code 71) - 5.84% of US total exports to the Cayman Islands (4.40% in 2017);
  • Chemical products (HS codes 28-40) - 5.43% of US total exports to the Cayman Islands (4.33% in 2017);
  • Metals and products from them (HS codes 72-83) - 3.47% of US total exports to the Cayman Islands (3.43% in 2017);
  • Wood and wood products (HS codes 44-49) - 2.49% of US total exports to the Cayman Islands (2.35% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.28% of US total exports to the Cayman Islands (1.28% in 2017).

The largest gains in US exports to the Cayman Islands in 2018 over 2017 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $110.4 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $16.0 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $9.7 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $4.6 million;
  • Plastics and articles thereof (HS code 39) - an increase of $4.4 million;
  • Glass and glassware (HS code 70) - an increase of $3.0 million;
  • Pharmaceutical products (HS code 30) - an increase of $3.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $3.0 million.

The largest declines in US exports to the Cayman Islands in 2018 over 2017 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $97.1 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $14.0 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $5.2 million.
US exports to the Cayman Islands in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 10.6 0.00 43.4-75.59
02 Meat and edible meat offal 16,563.6 1.77 15,643.15.88
03 Fish and crustaceans, molluscs and other aquatic invertebrates 4,325.8 0.46 3,585.920.63
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 5,668.2 0.61 4,638.522.20
05 Products of animal origin, not elsewhere specified or included 104.5 0.01 29.8251.40
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,281.2 0.14 1,283.6-0.19
07 Edible vegetables and certain roots and tubers 7,112.9 0.76 5,559.627.94
08 Edible fruit and nuts; peel of citrus fruit or melons 4,451.4 0.48 3,746.918.80
09 Coffee, tea, maté and spices 1,383.5 0.15 1,366.81.22
10 Cereals 2,012.0 0.21 1,876.07.25
11 Products of the milling industry; malt; starches; inulin; wheat gluten 392.1 0.04 294.133.32
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 450.1 0.05 251.578.93
13 Lac; gums, resins and other vegetable saps and extracts 277.2 0.03 137.7101.28
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 4.3 0.00 28.2-84.62
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,084.8 0.12 874.524.04
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 6,207.8 0.66 4,899.326.71
17 Sugars and sugar confectionery 1,300.2 0.14 1,277.81.75
18 Cocoa and cocoa preparations 473.3 0.05 457.73.41
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,231.0 0.88 6,804.120.97
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,737.3 0.40 3,550.15.27
21 Miscellaneous edible preparations 4,822.6 0.51 4,368.110.41
22 Beverages, spirits and vinegar 14,545.4 1.55 15,671.0-7.18
23 Residues and waste from the food industries; prepared animal feed 4,749.9 0.51 4,161.314.14
24 Tobacco and manufactured tobacco substitutes 80.7 0.01 59.535.58
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,826.4 0.20 2,472.4-26.13
26 Ores, slag and ash 17.9 0.00 172.8-89.66
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 129,553.2 13.83 226,698.5-42.85
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 666.4 0.07 672.0-0.85
29 Organic chemicals 398.5 0.04 677.2-41.16
30 Pharmaceutical products 6,953.3 0.74 3,968.975.19
31 Fertilizers 621.5 0.07 627.5-0.96
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,088.4 0.65 4,873.824.92
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8,600.9 0.92 6,807.426.35
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 2,895.4 0.31 2,748.35.35
35 Albuminoidal substances; modified starches; glues; enzymes 456.5 0.05 260.275.43
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 189.2 0.02 166.313.76
37 Photographic or cinematographic goods 29.5 0.00 29.21.12
38 Miscellaneous chemical products 7,005.0 0.75 4,709.148.76
39 Plastics and articles thereof 15,093.9 1.61 10,670.241.46
40 Rubber and articles thereof 1,866.1 0.20 1,875.6-0.51
41 Raw hides and skins (other than furskins) and leather 46.3 0.00 16.4182.42
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3,923.0 0.42 3,693.76.21
43 Furskins and artificial fur; manufactures thereof 17.9 0.00 3.2458.17
44 Wood and articles of wood; wood charcoal 13,910.2 1.49 12,749.69.10
45 Cork and articles of cork 38.9 0.00 18.7107.79
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 61.6 0.01 49.025.64
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 7,086.4 0.76 5,796.822.25
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,242.7 0.24 2,105.06.54
50 Silk 3.5 0.00 4.9-28.88
52 Cotton 49.9 0.01 5.5811.91
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 9.5 0.00 26.5-64.24
54 Man-made filaments 39.6 0.00 17.5125.94
55 Man-made staple fibers 22.1 0.00 12.971.25
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 133.2 0.01 147.4-9.62
57 Carpets and other textile floor coverings 1,326.7 0.14 1,329.7-0.22
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 12.4 0.00 45.0-72.44
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 49.1 0.01 126.5-61.17
60 Knitted or crocheted fabrics 186.2 0.02 85.1118.72
61 Articles of apparel and clothing accessories, knitted or crocheted 3,143.0 0.34 2,693.116.71
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,457.2 0.16 1,267.314.98
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,633.6 0.39 3,598.40.98
64 Footwear, gaiters and the like; parts of such articles 1,023.0 0.11 1,175.5-12.97
65 Headgear and parts thereof 323.9 0.03 422.7-23.38
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 333.6 0.04 156.6112.96
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 248.4 0.03 134.984.11
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,984.1 0.43 4,903.9-18.76
69 Ceramic products 3,182.9 0.34 3,332.4-4.49
70 Glass and glassware 7,900.2 0.84 4,865.462.38
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 54,663.4 5.84 38,701.341.24
72 Iron and steel 3,421.0 0.37 3,332.62.65
73 Articles of iron or steel 13,183.0 1.41 10,582.624.57
74 Copper and articles thereof 1,804.1 0.19 1,866.0-3.32
75 Nickel and articles thereof 3.3 0.00 17.7-81.49
76 Aluminum and articles thereof 8,999.8 0.96 6,984.128.86
78 Lead and articles thereof 162.5 0.02 93.673.58
79 Zinc and articles thereof 149.7 0.02 206.3-27.43
80 Tin and articles thereof 112.3 0.01 40.3178.94
81 Other base metals; cermets; articles thereof 39.7 0.00 184.9-78.54
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 923.8 0.10 951.4-2.90
83 Miscellaneous articles of base metal 3,718.9 0.40 5,898.7-36.95
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 60,347.9 6.44 57,397.05.14
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 51,755.8 5.53 42,076.323.00
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 495.3 0.05 146.4238.31
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 26,782.8 2.86 26,007.22.98
88 Aircraft, spacecraft, and parts thereof 111,321.2 11.89 900.312,264.23
89 Ships, boats and floating structures 6,022.3 0.64 11,223.8-46.34
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17,670.9 1.89 13,053.935.37
91 Clocks and watches and parts thereof 6,359.5 0.68 6,917.7-8.07
92 Musical instruments; parts and accessories of such articles 278.4 0.03 317.1-12.18
93 Arms and ammunition; parts and accessories thereof 159.1 0.02 223.3-28.76
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 28,016.6 2.99 27,489.81.92
95 Toys, games and sports requisites; parts and accessories thereof 4,825.3 0.52 5,215.3-7.48
96 Miscellaneous manufactured articles 1,216.0 0.13 992.822.48
97 Works of art, collectors’ pieces and antiques 2,213.6 0.24 2,670.1-17.10
99 Commodities not specified according to kind 205,936.8 21.99 219,915.1-6.36

US Imports from the Cayman Islands

The major share of US imports from the Cayman Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 32.49% of US total imports from the Cayman Islands (22.42% in 2017);
  • Metals and products from them (HS codes 72-83) - 5.07% of US total imports from the Cayman Islands (2.53% in 2017);
  • Precious metals and stones (HS code 71) - 2.66% of US total imports from the Cayman Islands (0.53% in 2017);
  • Chemical products (HS codes 28-40) - 0.69% of US total imports from the Cayman Islands (1.11% in 2017).

The largest gains in US imports from the Cayman Islands in 2018 over 2017 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $2.3 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $0.6 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.2 million.

The largest declines in US imports from the Cayman Islands in 2018 over the 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $19.8 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $2.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.7 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.4 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.4 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $0.3 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.1 million;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $0.1 million.
US imports from the Cayman Islands in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 2.4 0.01 0.0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 8.3-100.00
09 Coffee, tea, maté and spices 0.0 0.00 104.8-100.00
22 Beverages, spirits and vinegar 29.1 0.09 29.3-0.62
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 19.2 0.06 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 11.1-100.00
29 Organic chemicals 25.3 0.08 0.0
30 Pharmaceutical products 8.9 0.03 3.7138.74
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 10.7-100.00
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 33.8 0.10 0.0
38 Miscellaneous chemical products 31.3 0.09 464.4-93.27
39 Plastics and articles thereof 128.6 0.39 95.634.49
40 Rubber and articles thereof 0.0 0.00 36.7-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 36.7 0.11 2.91,187.54
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 9.3 0.03 9.03.41
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.9 0.02 2.5139.12
55 Man-made staple fibers 0.0 0.00 25.6-100.00
57 Carpets and other textile floor coverings 0.0 0.00 3.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 1.3 0.00 1.31.20
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 6.1-100.00
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 43.3-100.00
65 Headgear and parts thereof 2.0 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2.2 0.01 0.0
69 Ceramic products 0.0 0.00 9.0-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 881.6 2.66 290.9203.02
72 Iron and steel 457.2 1.38 401.413.90
73 Articles of iron or steel 3.4 0.01 0.0
74 Copper and articles thereof 692.8 2.09 458.850.99
75 Nickel and articles thereof 13.6 0.04 0.0
76 Aluminum and articles thereof 217.3 0.66 329.4-34.03
78 Lead and articles thereof 291.4 0.88 203.842.96
81 Other base metals; cermets; articles thereof 4.6 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 786.3 2.37 1,458.7-46.09
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 9,333.0 28.19 7,032.032.72
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 106.3 0.32 882.9-87.96
88 Aircraft, spacecraft, and parts thereof 11.0 0.03 0.0
89 Ships, boats and floating structures 0.0 0.00 2,453.6-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 521.7 1.58 495.05.40
91 Clocks and watches and parts thereof 157.2 0.47 162.6-3.30
92 Musical instruments; parts and accessories of such articles 0.0 0.00 11.8-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 120.2 0.36 450.9-73.34
95 Toys, games and sports requisites; parts and accessories thereof 3.1 0.01 13.1-76.51
96 Miscellaneous manufactured articles 3.8 0.01 0.0
97 Works of art, collectors’ pieces and antiques 42.1 0.13 487.8-91.37
99 Commodities not specified according to kind 19,127.4 57.77 38,968.4-50.92
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce