2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Cayman Islands-Guatemala Trade: In 2022, Cayman Islands exported $2.52M to Guatemala. The main products that Cayman Islands exported to Guatemala were Refined Petroleum ($2.52M) and Computers ($511). Over the past 9 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 229%, from $56 in 2013 to $2.52M in 2022.

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

Guatemala-Cayman Islands Trade: In 2022, Guatemala exported $54.2k to Cayman Islands. The main products that Guatemala exported to Cayman Islands were Plastic Pipes ($54.2k). Over the past 9 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 4.83%,  from $42.8k in 2013 to $54.2k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $2.52M to Guatemala. The main products exported from Cayman Islands to Guatemala were Refined Petroleum ($2.52M) and Computers ($511). During the last 9 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 229%, from $56 in 2013 to $2.52M in 2022.

In 2017, Guatemala exported $54.2k to Cayman Islands. The main products exported from Guatemala to Cayman Islands were Plastic Pipes ($54.2k). During the last 5 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 4.83%, from $42.8k in 2022 to $54.2k in 2017.

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

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

Latest Data

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

Guatemala Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Guatemala
Top Destination
United States$5.23B

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

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

In 2022, countries that imported more from Guatemala than Cayman Islands included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Cayman Islands - Guatemala

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Guatemala in the exports of Mineral Products ($2.52M) and Machines ($511).

During 2017, Guatemala had a large net trade with Cayman Islands in the exports of Plastics and Rubbers ($54.2k).

Economic Complexity

Competitive Landscape

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

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

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