2022
Flag  
GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC 
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 186

About

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 42.8%, from $240k in 2017 to $14.7k in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 42.8%, from $240k in 2017 to $14.7k in 2022.

In 2017, 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 2022 to $218M in 2017.

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

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

Latest Data

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

Malta Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Malta - Cayman Islands

Flow
Scale

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

During 2022, Malta had a large net trade with Cayman Islands in the exports of Machines ($14.7k) and Paper Goods ($1).

During 2017, Cayman Islands had a large net trade with Malta in the exports of Transportation ($218M), Weapons ($6.93k), and Instruments ($513).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with