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2023
Flag → Flag
Exports $9.88MRnk 12 / 78
2023
Flag → Flag
Top Product $9.88MPetroleum Gas
2023
Flag → Flag
Exports $3.35kRnk 108 / 127
2023
Flag → Flag
Top Product $2.24kRefrigerators
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Cayman Islands-Belize Trade: In 2023, Cayman Islands exported $9.88M to Belize. The main products that Cayman Islands exported to Belize were Petroleum Gas ($9.88M). Over the past 7 years the exports of Cayman Islands to Belize have increased at an annualized rate of 256%, from $1.37k in 2016 to $9.88M in 2023.

In 2023, Cayman Islands did not export any services to Belize.

Belize-Cayman Islands Trade: In 2023, Belize exported $3.35k to Cayman Islands. The main products that Belize exported to Cayman Islands were Refrigerators ($2.24k) and Electric Heaters ($1.11k). Over the past 7 years the exports of Belize to Cayman Islands have decreased at an annualized rate of 53.9%,  from $161k in 2016 to $3.35k in 2023.

In 2023, Belize did not export any services to Cayman Islands.

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M). That same year, Belize ranked 173 in total exports ($386M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $9.88M to Belize. The main products exported from Cayman Islands to Belize were Petroleum Gas ($9.88M). During the last 7 years the exports of Cayman Islands to Belize have increased at an annualized rate of 256%, from $1.37k in 2016 to $9.88M in 2023.

In 2018, Belize exported $3.35k to Cayman Islands. The main products exported from Belize to Cayman Islands were Refrigerators ($2.24k) and Electric Heaters ($1.11k). During the last 5 years the exports of Belize to Cayman Islands have decreased at an annualized rate of 53.9%, from $161k in 2023 to $3.35k in 2018.

Exports from Cayman Islands (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Cayman Islands (Flag) (2023)

Latest Data

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

Belize Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Cayman Islands than Belize included United Kingdom ($326M), Cyprus ($172M), and Germany ($74.8M).

In 2023, countries that imported more from Belize than Cayman Islands included United States ($86.2M), Spain ($35.5M), and Guatemala ($27.6M).

Difference in imports from Belize (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - Belize

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Belize in the exports of Mineral Products ($9.88M).

During 2018, Belize had a large net trade with Cayman Islands in the exports of Machines ($3.35k).

Economic Complexity

Competitive Landscape

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

Product Space of Cayman Islands (Flag) and Belize (Flag) (2023)

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