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2022
Flag → Flag
Exports $46Rnk 90 / 92
2022
Flag → Flag
Top Product $46Electrical Lighting and Signalling Equipment
2022
Flag → Flag
Exports $477kRnk 28 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Cayman Islands-Paraguay Trade: In 2022, Cayman Islands exported $46 to Paraguay. The main products that Cayman Islands exported to Paraguay were Electrical Lighting and Signalling Equipment ($46). Over the past 15 years the exports of Cayman Islands to Paraguay have decreased at an annualized rate of 58.7%, from $26.2M in 2007 to $46 in 2022.

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

Paraguay-Cayman Islands Trade: In 2022, Paraguay exported $477k to Cayman Islands. The main products that Paraguay exported to Cayman Islands were N/A. Over the past 15 years the exports of Paraguay to Cayman Islands have decreased at an annualized rate of 56.8%,  from $169M in 2007 to $477k in 2022.

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

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $46 to Paraguay. The main products exported from Cayman Islands to Paraguay were Electrical Lighting and Signalling Equipment ($46). During the last 15 years the exports of Cayman Islands to Paraguay have decreased at an annualized rate of 58.7%, from $26.2M in 2007 to $46 in 2022.

In 2006, Paraguay exported $477k to Cayman Islands. There were not main exports from Paraguay to Cayman Islands in 2006. During the last 5 years the exports of Paraguay to Cayman Islands have decreased at an annualized rate of 56.8%, from $169M in 2011 to $477k in 2006.

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

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

Latest Data

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

Paraguay Exports

Date

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Paraguay
Top DestinationBrazil$3.67B

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

In 2022, countries that imported more from Cayman Islands than Paraguay included Malta ($218M), Norway ($163M), and Seychelles ($121M).

In 2022, countries that imported more from Paraguay than Cayman Islands included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Cayman Islands - Paraguay

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Paraguay in the exports of Machines ($46).

During 2006, Paraguay had a large net trade with Cayman Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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