March 24,2020
In view of the latest situation concerning the Coronavirus (COVID-19) and to comply with the Government’s directive to close all non-essential businesses; Our office will be closed from March 25th 2020 until further notice. During this closure, we will occasionally be accessing our emails which could result in delayed responses. For general office queries and/or data request please contact The Director, Adolphus Laidlow, at [email protected] or our emergency hotline at 1(345)516-3329. Do your part to save lives. We ask that all persons comply with the curfew and regulations as stated by the Cayman Islands Government. For official information on the Coronavirus visit gov.ky/coronavirus. #stayhomesavelives
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Latest Indicators

Projected Gross Domestic Product:
3.1%, Jan - June 2019 / Jan - June 2018
Gross Domestic Product Actual:
4.1%, Dec 2018 / Dec 2017
Average Consumer Price Index (CPI):
5.7%, 2019 / 2018
Total Population:
68,076, as of Spring 2019
Unemployment Rate:
3.0%, as at Spring 2019
Merchandise Imports ($):
17.3% Jan - Sept 2019 / Jan - Sept 2018
Balance of Payments Current Account Deficit (EST) % GDP:
18.7% of GDP, Dec 2018
Home / News / Sustained Growth in Merchandise Imports for the Second Quarter 2019

Sustained Growth in Merchandise Imports for the Second Quarter 2019

The total value of the Islands’ importation of goods stood at $274.75 million, recording an increase of 10.4 percent for the second quarter of 2019. This growth resulted from the increase in both non-petroleum and petroleum-related imports.

Non-petroleum imports amounted to $236.38 million, an increase of 11.1 percent. Growth occurred in most categories, especially machinery and transport equipment such as electrical and industrial machinery, as well as manufactured goods including building materials such as wood, cement and iron and steel. Importation of food such as vegetable, meat and fish increased by 6.5 percent, while the imports of beverages including alcoholic beverages and aerated waters grew by 38.0 percent.

Petroleum and petroleum-related imports recorded an increase of 6.2 percent to reach $38.38 million. This growth was driven by the increased volume of imported fuel, especially diesel fuel and motor oil. However, there was a reduction in the average price of petroleum products imported for the second quarter of 2019.

More information on the The Cayman Islands’ Quarterly Trade Statistics Bulletin: April to June 2019,” are available at www.eso.ky.