2022
Flag
 GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
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2022
Flag
GDP PC
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 186

About

Cayman Islands-Malta Trade: In 2022, Cayman Islands exported $218M to Malta. The main products that Cayman Islands exported to Malta were Planes, Helicopters, and/or Spacecraft ($196M), Recreational Boats ($22.6M), and Other Firearms ($2.28k). Over the past 5 years the exports of Cayman Islands to Malta have increased at an annualized rate of 37.9%, from $43.7M in 2017 to $218M in 2022.

In 2022, Cayman Islands did not export any services to Malta.

Malta-Cayman Islands Trade: In 2022, Malta exported $14.7k to Cayman Islands. The main products that Malta exported to Cayman Islands were Centrifuges ($14.7k) and Brochures ($1). Over the past 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 17%,  from $240k in 2017 to $14.7k in 2022.

In 2022, Malta did not export any services to Cayman Islands.

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M). That same year, Malta ranked 127 in total exports ($4.87B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $218M to Malta. The main products exported from Cayman Islands to Malta were Planes, Helicopters, and/or Spacecraft ($196M), Recreational Boats ($22.6M), and Other Firearms ($2.28k). During the last 5 years the exports of Cayman Islands to Malta have increased at an annualized rate of 37.9%, from $43.7M in 2017 to $218M in 2022.

In 2017, Malta exported $14.7k to Cayman Islands. The main products exported from Malta to Cayman Islands were Centrifuges ($14.7k) and Brochures ($1). During the last 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 17%, from $240k in 2022 to $14.7k in 2017.

Exports from Cayman Islands (Flag) to Malta (Flag) (2022)

Exports from Malta (Flag) to Cayman Islands (Flag) (2022)

Latest Data

Trade between Cayman Islands (Flag) and Malta (Flag)

Malta Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Malta
Top Destination
Germany$576M

This map shows whether countries import more from Cayman Islands or Malta. Each country is colored based on the difference in imports they receive from Cayman Islands and Malta or the difference in the growth in imports.

In 2022, countries that imported more from Cayman Islands than Malta included Norway ($163M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Malta than Cayman Islands included Germany ($576M), Italy ($316M), and France ($302M).

Difference in imports from Malta (Flag) and Cayman Islands (Flag) (2022)

Comparative Advantage Cayman Islands - Malta

Flow
Scale

This chart compares trade between Cayman Islands and Malta by product, considering products traded by both, Cayman Islands and Malta.

During 2022, Cayman Islands had a large net trade with Malta in the exports of Transportation ($218M), Weapons ($6.93k), and Instruments ($513).

During 2017, Malta had a large net trade with Cayman Islands in the exports of Machines ($14.7k) and Paper Goods ($1).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and Malta. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Malta. Similarly, a dot/product with the flag of Malta indicates it has a comparative advantage over Cayman Islands.

Product Space of Cayman Islands (Flag) and Malta (Flag) (2022)

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