Cayman Isds-Bahamas Bilateral Trade Analysis 2023

Complete trade statistics: $962,392 total volume •Cayman Isds surplus: $962,392

Cayman IsdsBahamas

$962,392

Exports (2023)

BahamasCayman Isds

$0

Imports (2023)

Trade Balance

$962,392

Surplus for Cayman Isds

Total Trade

$962,392

Combined Volume

Trade Flow Visualization

Direct trade relationship between Cayman Isds and Bahamas. Green line shows exports from Cayman Isds, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Cayman Isds-Bahamas commercial relationship and competitive positioning in global markets.

Cayman IsdsBahamas Exports

$962,392
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
26.7% top product
1Electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kVA
$256,798
26.7% of exports
2Machines: parts, cylinders for calendering or other rolling machines, for other than metal or glass
$179,606
18.7% of exports
3Yachts and other vessels: for pleasure or sports, rowing boats and canoes, n.e.c. in heading no. 8903, other than inflatable
$118,799
12.3% of exports
4Refrigerating or freezing equipment: parts thereof, other than furniture
$51,280
5.3% of exports
5Engines: parts for internal combustion piston engines (excluding spark-ignition)
$44,053
4.6% of exports

🎯 Strategic Export Focus

Cayman Isds's export portfolio to Bahamas demonstrates strategic specialization, with electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva representing a key competitive advantage in this bilateral market.

BahamasCayman Isds Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91
$40
Infinity% of imports
2Suits: women's or girls', of wool or fine animal hair (not knitted or crocheted)
$40
Infinity% of imports
3Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a monochrome video display or screen
$30
Infinity% of imports
4Cosmetic and toilet preparations: manicure or pedicure preparations
$20
Infinity% of imports
5Plastics: other articles n.e.c. in chapter 39
$5
Infinity% of imports

📦 Import Strategy Analysis

Cayman Isds's import pattern from Bahamas reveals significant dependencyin printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Cayman Isds demonstrates competitive strength in exportingelectric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva to Bahamas, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $962,392 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Cayman Isds-Bahamas Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $962.39 thousandrepresenting a significant bilateral economic relationship
  • Trade Balance: Cayman Isds maintains a surplus of $962.39 thousand
  • Export Focus: Cayman Isds's primary exports include electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva, machines: parts, cylinders for calendering or other rolling machines, for other than metal or glass, yachts and other vessels: for pleasure or sports, rowing boats and canoes, n.e.c. in heading no. 8903, other than inflatable
  • Import Dependencies: Key imports from Bahamas include printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91, suits: women's or girls', of wool or fine animal hair (not knitted or crocheted), reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a monochrome video display or screen

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $962,392 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Cayman Isds leveraging its comparative advantages in electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Cayman Isds's specialization in electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kvacomplements Bahamas's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $962,392 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $962,392 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $962.39 thousand bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva and printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Cayman Isds's trade surplus of $962.39 thousand strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in machines: parts, cylinders for calendering or other rolling machines, for other than metal or glass present expansion opportunities.
Market Diversification
Beyond current focus on printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Cayman Isds and Bahamas represents a total trade volume of $962.39 thousand in 2023. This partnership demonstrates a favorable trade balance for Cayman Isds, with exports exceeding importsby $962.39 thousand.

Export Strengths

Cayman Isds's exports to Bahamas total $962.39 thousand, with competitive advantages in electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kva, representing $256,798 or26.7% of bilateral exports.

Import Dependencies

Imports from Bahamas amount to $0.00, highlighting economic interdependence in printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91, with Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91 comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Cayman Isds's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Cayman Isds and Bahamas in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023