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2021
Flag → Flag
Exports $9.24kRnk 107 / 0
2021
Flag → Flag
Exports $18.9MRnk 7 / 92
2021
Flag → Flag
Top Product $18.9MPetroleum Gas
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Belize-Cayman Islands Trade: In 2021, Belize exported $9.24k to Cayman Islands. The main products that Belize exported to Cayman Islands were N/A. Over the past 5 years the exports of Belize to Cayman Islands have decreased at an annualized rate of 8.91%, from $14.7k in 2016 to $9.24k in 2021.

In 2021, Belize did not export any services to Cayman Islands.

Cayman Islands-Belize Trade: In 2021, Cayman Islands exported $18.9M to Belize. The main products that Cayman Islands exported to Belize were Petroleum Gas ($18.9M) and Aluminium Housewares ($1.4k). Over the past 5 years the exports of Cayman Islands to Belize have increased at an annualized rate of 380%,  from $1.55k in 2016 to $18.9M in 2021.

In 2021, Cayman Islands did not export any services to Belize.

Comparison In 2022,  Belize ranked 175 in total exports ($399M). 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 2021, Belize exported $9.24k to Cayman Islands. There were not main exports from Belize to Cayman Islands in 2021. During the last 5 years the exports of Belize to Cayman Islands have decreased at an annualized rate of 8.91%, from $14.7k in 2016 to $9.24k in 2021.

In 2017, Cayman Islands exported $18.9M to Belize. The main products exported from Cayman Islands to Belize were Petroleum Gas ($18.9M) and Aluminium Housewares ($1.4k). During the last 5 years the exports of Cayman Islands to Belize have increased at an annualized rate of 380%, from $1.55k in 2022 to $18.9M in 2017.

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

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

Latest Data

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

Belize Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Belize than Cayman Islands included United Kingdom ($64.3M), United States ($86.5M), and Guatemala ($39.2M).

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

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

Comparative Advantage Belize - Cayman Islands

Flow
Scale

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

During 2021, Belize had a large net trade with Cayman Islands in the exports of .

During 2017, Cayman Islands had a large net trade with Belize in the exports of Mineral Products ($18.9M) and Metals ($1.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belize and Cayman Islands. This means that a dot/product with the flag of Belize 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 Belize.

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

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