Merchandise imports grew for the second quarter of 2025

The total value of the merchandise imports grew for the second quarter of 2025. Goods imports stood at $434.48 million for the quarter, an increase of 7.3 percent. This reflected a 10.3 per cent growth in the imports of non-petroleum goods, which was partially offset by lower importation of petroleum and petroleum-related products by 9.8 percent.

There was an 8.7 percent growth in the imports of machinery and transport equipment, such as road vehicles, general industrial machinery, and office machines. Imports of miscellaneous manufactured goods, such as clothing, furniture and miscellaneous manufactured articles, grew 16.2 percent over the previous corresponding quarter. Imports of food and live animals grew by 7.0 per cent, mainly through items such as meat, cereal, dairy products and bird's eggs. Additionally, there was a 17.0 per cent growth in chemicals, such as plastics, essential oils and medicinal and pharmaceutical products. Imports of manufactured goods classified chiefly by materials like iron and steel, cork and wood manufactures and non-metallic mineral manufactures were higher by 7.3 percent for the quarter. The imports of commodities and transactions not classified elsewhere reflected a growth of 22.5 percent on account of the larger imported value of non-monetary gold for the period.

In contrast, there were reductions in the importation of crude materials, as crude fertilisers and crude rubber imports declined by 46.1 percent and 93.8 percent, respectively.

There was a lower imported value of all major fuel types due to the decreased average price of diesel, motor spirit and aviation fuel on the international market, even though the volume of imported motor fuel increased marginally for the April to June 2025 period.

More information on “The Cayman Islands’ Quarterly Trade Statistics Bulletin: April to June 2025” is available at www.eso.ky.