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Latest Indicators

Estimated Gross Domestic Product:
3.8%, Jan - Mar 2022 / Jan - Mar 2021
Gross Domestic Product Actual:
4.0%, Dec 2021
Average Consumer Price Index (CPI):
9.5%, Dec 2022 / Dec 2021
Census Population:
71,105, as of Oct 2021
2021 Life Expectancy at birth:
82.1
2021 Life Expectancy at birth - Male:
80.4
2021 Life Expectancy at birth - Female:
83.7
Estimated Population:
81,546, Year-End December 2022
Unemployment Rate:
2.1%, as at December 2022
Merchandise Imports ($):
17.8% Jul - Sep 2022 / Jul - Sep 2021
Balance of Payments Current Account Deficit % GDP:
13.6% of GDP, Dec 2021
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Home / News / Merchandise Imports Dipped by 2.0% in the First Quarter

Merchandise Imports Dipped by 2.0% in the First Quarter

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2017 amounted to CI$207.8 million. This is lower by CI$4.3 million compared the same period in 2016.

 

The decline is attributed to a 6.1 percent reduction in the total value of non-petroleum products which accounted for 88.9 percent of total imports. Imports of machinery and transportation (largely road vehicles, aircraft equipment and telecommunications equipment), chemical and related products, and commodities and transaction not classified elsewhere fell significantly. 

 

However, the total value of food imports registered an increase by 4.0 percent.

 

Imports of petroleum and related-products grew by 50.4 percent and stood at CI$23.0 million.

 

More information on the “The Cayman Islands’ Quarterly Trade Statistics Bulletin: January to March 2017,” are available at www.eso.ky.