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2023
Flag → Flag
Exports $55.3kRnk 36 / 78
2023
Flag → Flag
Top Product $53.9kNon-woven Textiles
2023
Flag → Flag
Exports $96.1kRnk 132 / 170
2023
Flag → Flag
Top Product $53.2kPlastic Pipes
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Cayman Islands-Guatemala Trade: In 2023, Cayman Islands exported $55.3k to Guatemala. The main products that Cayman Islands exported to Guatemala were Non-woven Textiles ($53.9k) and Trunks and Cases ($1.36k). Over the past 9 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 115%, from $57 in 2014 to $55.3k in 2023.

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

Guatemala-Cayman Islands Trade: In 2023, Guatemala exported $96.1k to Cayman Islands. The main products that Guatemala exported to Cayman Islands were Plastic Pipes ($53.2k), Fruit Juice ($23.8k), and Refrigerators ($10.2k). Over the past 9 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 3.08%,  from $70.9k in 2014 to $96.1k in 2023.

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

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $55.3k to Guatemala. The main products exported from Cayman Islands to Guatemala were Non-woven Textiles ($53.9k) and Trunks and Cases ($1.36k). During the last 9 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 115%, from $57 in 2014 to $55.3k in 2023.

In 2018, Guatemala exported $96.1k to Cayman Islands. The main products exported from Guatemala to Cayman Islands were Plastic Pipes ($53.2k), Fruit Juice ($23.8k), and Refrigerators ($10.2k). During the last 5 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 3.08%, from $70.9k in 2023 to $96.1k in 2018.

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

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

Latest Data

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

Guatemala Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Guatemala
Top DestinationUnited States$5.16B

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 2023, countries that imported more from Cayman Islands than Guatemala included United Kingdom ($326M), Cyprus ($172M), and Grenada ($67.2M).

In 2023, countries that imported more from Guatemala than Cayman Islands included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

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 2023, Cayman Islands had a large net trade with Guatemala in the exports of Textiles ($53.9k) and Animal Hides ($1.36k).

During 2018, Guatemala had a large net trade with Cayman Islands in the exports of Plastics and Rubbers ($53.2k), Foodstuffs ($31.3k), and Machines ($10.2k).

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) (2023)

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