2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Cayman Islands-Guyana Trade: In 2022, Cayman Islands exported $29.2k to Guyana. The main products that Cayman Islands exported to Guyana were X-Ray Equipment ($26.4k), Office Machine Parts ($1.2k), and Iron Housewares ($1.15k). Over the past 5 years the exports of Cayman Islands to Guyana have decreased at an annualized rate of 3.95%, from $35.7k in 2017 to $29.2k in 2022.

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

Guyana-Cayman Islands Trade: In 2022, Guyana exported $167k to Cayman Islands. The main products that Guyana exported to Cayman Islands were Hard Liquor ($81.4k), Raw Sugar ($38.1k), and Flavored Water ($21.1k). Over the past 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 20%,  from $508k in 2017 to $167k in 2022.

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

Comparison In 2022,  Cayman Islands ranked 165 in total exports ($737M). That same year, Guyana ranked 80 in total exports ($18.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $29.2k to Guyana. The main products exported from Cayman Islands to Guyana were X-Ray Equipment ($26.4k), Office Machine Parts ($1.2k), and Iron Housewares ($1.15k). During the last 5 years the exports of Cayman Islands to Guyana have decreased at an annualized rate of 3.95%, from $35.7k in 2017 to $29.2k in 2022.

In 2017, Guyana exported $167k to Cayman Islands. The main products exported from Guyana to Cayman Islands were Hard Liquor ($81.4k), Raw Sugar ($38.1k), and Flavored Water ($21.1k). During the last 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 20%, from $508k in 2022 to $167k in 2017.

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

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

Latest Data

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

Guyana Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
Malta$218M
Guyana
Top Destination
Panama$5.84B

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

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

In 2022, countries that imported more from Guyana than Cayman Islands included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Cayman Islands - Guyana

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Guyana in the exports of Instruments ($26.4k), Machines ($1.2k), and Metals ($1.15k).

During 2017, Guyana had a large net trade with Cayman Islands in the exports of Foodstuffs ($149k), Chemical Products ($8.5k), and Plastics and Rubbers ($8.34k).

Economic Complexity

Competitive Landscape

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

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

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