US trade (export - import) with the Cayman Islands in 2014

Published or Updated: Feb 07, 2017

The report on US foreign trade in goods with the Cayman Islands in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with the Cayman Islands

In 2014, US trade with the Cayman Islands totaled $838.0 million, up 17.55% ($125.1 million) from 2013.

US exports to the Cayman Islands in 2014 totaled $812.7 million, up 19.56% ($133.0 million) from 2013.

US imports from the Cayman Islands in 2014 were $25.3 million, down 23.75% ($7.9 million) from 2013.

US trade surplus with the Cayman Islands in 2014 was $787.5 million, a 21.78% increase ($140.9 million) over 2013.

The Cayman Islands was the US 106th largest trading partner in 2014 (up from 113th in 2013), accounting for 0.0208% of US total trade (up from 0.0183% in 2013).

The Cayman Islands was the US 89th largest export market in 2014 (up from 93rd in 2013), accounting for 0.0502% of US total exports (up from 0.0431% in 2013).

The Cayman Islands was the US 154th largest supplier in 2014 (down from 146th in 2013), accounting for 0.0010% of US total imports (down from 0.0014% in 2013).

US Exports to the Cayman Islands

The major share of US exports to the Cayman Islands in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 29.14% of US total exports to the Cayman Islands (14.56% in 2013);
  • Mineral products (HS codes 25-27) - 21.95% of US total exports to the Cayman Islands (27.49% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.14% of US total exports to the Cayman Islands (10.04% in 2013);
  • Chemical products (HS codes 28-40) - 4.42% of US total exports to the Cayman Islands (5.67% in 2013);
  • Metals and products from them (HS codes 72-83) - 3.15% of US total exports to the Cayman Islands (3.50% in 2013);
  • Precious metals and stones (HS code 71) - 2.16% of US total exports to the Cayman Islands (3.09% in 2013);
  • Wood and wood products (HS codes 44-49) - 2.08% of US total exports to the Cayman Islands (2.65% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.85% of US total exports to the Cayman Islands (1.14% in 2013).

The largest gains in US exports to the Cayman Islands in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $122.6 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 $6.3 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) - an increase of $4.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $4.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2.9 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $2.6 million;
  • Meat and edible meat offal (HS code 02) - an increase of $2.6 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $2.5 million.

The largest declines in US exports to the Cayman Islands in 2014 over 2013 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 $8.0 million;
  • Organic chemicals (HS code 29) - a decrease of $5.9 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) - a decrease of $3.5 million.
US exports to the Cayman Islands in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 0.0 0.00 42.0-100.00
02 Meat and edible meat offal 16,083.9 1.98 13,475.719.35
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,093.5 0.38 2,583.919.72
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3,247.1 0.40 2,644.422.79
05 Products of animal origin, not elsewhere specified or included 55.9 0.01 27.5103.40
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 976.8 0.12 759.428.63
07 Edible vegetables and certain roots and tubers 4,392.0 0.54 2,827.655.33
08 Edible fruit and nuts; peel of citrus fruit or melons 2,743.1 0.34 3,447.1-20.42
09 Coffee, tea, maté and spices 1,120.7 0.14 927.420.84
10 Cereals 948.6 0.12 819.515.75
11 Products of the milling industry; malt; starches; inulin; wheat gluten 4,203.7 0.52 5,642.6-25.50
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 238.6 0.03 183.630.01
13 Lac; gums, resins and other vegetable saps and extracts 37.7 0.00 40.5-7.03
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 16.7 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 743.2 0.09 801.4-7.27
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,153.2 0.14 1,547.1-25.46
17 Sugars and sugar confectionery 884.9 0.11 1,021.1-13.34
18 Cocoa and cocoa preparations 370.1 0.05 313.917.89
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,257.3 1.02 7,643.08.04
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,001.3 0.37 3,023.4-0.73
21 Miscellaneous edible preparations 5,036.9 0.62 5,746.2-12.34
22 Beverages, spirits and vinegar 14,260.6 1.75 11,804.920.80
23 Residues and waste from the food industries; prepared animal feed 3,317.5 0.41 2,859.116.03
24 Tobacco and manufactured tobacco substitutes 132.6 0.02 50.4163.03
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 913.5 0.11 1,322.3-30.92
26 Ores, slag and ash 0.0 0.00 30.6-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 177,479.3 21.84 185,501.4-4.32
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 596.4 0.07 794.2-24.90
29 Organic chemicals 686.2 0.08 6,543.0-89.51
30 Pharmaceutical products 3,671.5 0.45 2,934.325.13
31 Fertilizers 390.2 0.05 573.2-31.93
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,568.7 0.56 4,358.84.82
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 7,623.5 0.94 4,995.352.61
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 2,830.1 0.35 2,407.117.57
35 Albuminoidal substances; modified starches; glues; enzymes 243.3 0.03 182.433.41
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 115.6 0.01 114.31.14
37 Photographic or cinematographic goods 11.6 0.00 26.2-55.80
38 Miscellaneous chemical products 5,857.4 0.72 6,145.8-4.69
39 Plastics and articles thereof 7,359.7 0.91 7,593.5-3.08
40 Rubber and articles thereof 1,939.8 0.24 1,841.05.36
41 Raw hides and skins (other than furskins) and leather 4.6 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,483.7 0.31 2,360.85.21
43 Furskins and artificial fur; manufactures thereof 3.3 0.00 0.0
44 Wood and articles of wood; wood charcoal 10,205.4 1.26 10,554.1-3.30
45 Cork and articles of cork 20.9 0.00 20.71.06
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 24.0 0.00 66.2-63.78
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 2.5-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4,441.3 0.55 4,306.13.14
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,217.9 0.27 3,042.9-27.11
50 Silk 0.0 0.00 13.8-100.00
52 Cotton 19.3 0.00 12.553.81
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 8.3 0.00 6.429.72
54 Man-made filaments 14.2 0.00 7.687.66
55 Man-made staple fibers 31.2 0.00 9.7221.35
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 118.9 0.01 151.4-21.51
57 Carpets and other textile floor coverings 1,015.9 0.12 1,569.6-35.28
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 99.4 0.01 23.1329.32
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 62.3 0.01 125.9-50.53
60 Knitted or crocheted fabrics 21.6 0.00 77.1-72.02
61 Articles of apparel and clothing accessories, knitted or crocheted 783.4 0.10 1,211.7-35.35
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,109.5 0.14 550.4101.57
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,507.1 0.31 2,645.1-5.22
64 Footwear, gaiters and the like; parts of such articles 617.7 0.08 959.8-35.64
65 Headgear and parts thereof 196.8 0.02 124.458.16
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 250.6 0.03 164.852.08
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 44.4 0.01 67.1-33.81
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2,706.1 0.33 3,141.5-13.86
69 Ceramic products 2,716.1 0.33 2,119.228.16
70 Glass and glassware 2,008.1 0.25 1,726.416.32
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 17,516.0 2.16 21,015.2-16.65
72 Iron and steel 4,635.8 0.57 2,312.4100.48
73 Articles of iron or steel 9,398.0 1.16 9,499.0-1.06
74 Copper and articles thereof 1,354.5 0.17 2,054.0-34.06
75 Nickel and articles thereof 28.3 0.00 64.0-55.78
76 Aluminum and articles thereof 6,710.2 0.83 6,514.53.00
78 Lead and articles thereof 28.8 0.00 31.9-9.81
79 Zinc and articles thereof 5.8 0.00 65.5-91.16
80 Tin and articles thereof 2.6 0.00 6.2-58.76
81 Other base metals; cermets; articles thereof 25.8 0.00 5.0415.70
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 902.2 0.11 870.83.61
83 Miscellaneous articles of base metal 2,539.6 0.31 2,339.98.54
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 35,430.7 4.36 34,003.64.20
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 37,584.3 4.62 31,319.520.00
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 104.9 0.01 103.31.54
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 19,164.8 2.36 15,101.026.91
88 Aircraft, spacecraft, and parts thereof 123,567.2 15.20 930.113,185.52
89 Ships, boats and floating structures 6,762.7 0.83 6,206.58.96
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 14,180.5 1.74 11,285.125.66
91 Clocks and watches and parts thereof 7,705.8 0.95 7,609.51.27
92 Musical instruments; parts and accessories of such articles 407.8 0.05 324.525.68
93 Arms and ammunition; parts and accessories thereof 102.5 0.01 20.0412.45
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 22,904.2 2.82 18,323.525.00
95 Toys, games and sports requisites; parts and accessories thereof 4,050.6 0.50 3,440.217.74
96 Miscellaneous manufactured articles 773.1 0.10 814.4-5.07
97 Works of art, collectors’ pieces and antiques 339.3 0.04 223.351.91
99 Commodities not specified according to kind 174,161.1 21.43 176,597.9-1.38

US Imports from the Cayman Islands

The major share of US imports from the Cayman Islands in 2014 (and in 2013) was accounted for the following product types:

  • Precious metals and stones (HS code 71) - 34.16% of US total imports from the Cayman Islands (4.98% in 2013);
  • Metals and products from them (HS codes 72-83) - 11.75% of US total imports from the Cayman Islands (2.98% in 2013);
  • Wood and wood products (HS codes 44-49) - 6.45% of US total imports from the Cayman Islands (0.06% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.28% of US total imports from the Cayman Islands (1.83% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.37% of US total imports from the Cayman Islands (1.06% in 2013);
  • Chemical products (HS codes 28-40) - 0.37% of US total imports from the Cayman Islands (12.68% in 2013).

The largest gains in US imports from the Cayman Islands in 2014 over 2013 were recorded for the following product groups:

  • 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 $7.0 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $1.6 million;
  • Iron and steel (HS code 72) - an increase of $1.6 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.2 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $0.2 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $0.1 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.1 million;
  • Lead and articles thereof (HS code 78) - an increase of $0.1 million.

The largest declines in US imports from the Cayman Islands in 2014 over the 2013 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $14.6 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $4.2 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.1 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.1 million.
US imports from the Cayman Islands in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
09 Coffee, tea, maté and spices 0.0 0.00 30.2-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 17.3-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 32.3 0.13 34.6-6.68
19 Preparations of cereals, flour, starch or milk; bakers’ wares 350.4 1.39 249.240.62
20 Preparations of vegetables, fruit, nuts or other parts of plants 184.8 0.73 0.0
22 Beverages, spirits and vinegar 32.4 0.13 18.475.73
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 7.3 0.03 3.893.33
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 4,152.4-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5.9 0.02 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10.0 0.04 0.0
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 13.4 0.05 0.0
38 Miscellaneous chemical products 59.1 0.23 44.632.48
39 Plastics and articles thereof 5.1 0.02 0.5940.20
40 Rubber and articles thereof 0.0 0.00 4.1-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4.5 0.02 1.9134.91
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 1,618.4 6.41 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 16.6-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 12.0 0.05 4.8151.04
55 Man-made staple fibers 0.0 0.00 0.4-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 0.6-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 0.5-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 3.1 0.01 1.2164.15
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.8 0.02 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 9.5-100.00
69 Ceramic products 12.0 0.05 41.3-71.03
70 Glass and glassware 0.0 0.00 22.2-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 8,632.1 34.16 1,649.4423.35
72 Iron and steel 2,050.8 8.12 499.6310.48
74 Copper and articles thereof 429.0 1.70 328.930.43
76 Aluminum and articles thereof 385.3 1.52 141.3172.61
78 Lead and articles thereof 91.1 0.36 13.9554.72
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12.8 0.05 0.0
83 Miscellaneous articles of base metal 0.0 0.00 3.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 510.8 2.02 304.367.87
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 194.4 0.77 206.5-5.85
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 85.1 0.34 81.34.66
89 Ships, boats and floating structures 0.0 0.00 3.2-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 39.6 0.16 9.7306.16
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 0.0 0.00 0.7-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 93.4-100.00
96 Miscellaneous manufactured articles 0.0 0.00 3.6-100.00
97 Works of art, collectors’ pieces and antiques 101.5 0.40 195.8-48.16
99 Commodities not specified according to kind 10,377.6 41.07 24,945.3-58.40
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce