2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC 
$97,750CURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Cayman Islands-Malta Trade: In 2023, Cayman Islands exported $38.9M to Malta. The main products that Cayman Islands exported to Malta were Recreational Boats ($38.9M) and Blank Audio Media ($16). Over the past 5 years the exports of Cayman Islands to Malta have decreased at an annualized rate of 17.7%, from $103M in 2018 to $38.9M in 2023.

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

Malta-Cayman Islands Trade: In 2023, Malta exported $32.8k to Cayman Islands. The main products that Malta exported to Cayman Islands were Centrifuges ($30.8k) and Other Rubber Products ($1.91k). Over the past 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 6.16%,  from $45k in 2018 to $32.8k in 2023.

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

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M). That same year, Malta ranked 112 in total exports ($8.21B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $38.9M to Malta. The main products exported from Cayman Islands to Malta were Recreational Boats ($38.9M) and Blank Audio Media ($16). During the last 5 years the exports of Cayman Islands to Malta have decreased at an annualized rate of 17.7%, from $103M in 2018 to $38.9M in 2023.

In 2018, Malta exported $32.8k to Cayman Islands. The main products exported from Malta to Cayman Islands were Centrifuges ($30.8k) and Other Rubber Products ($1.91k). During the last 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 6.16%, from $45k in 2023 to $32.8k in 2018.

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

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

Latest Data

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

Malta Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Malta
Top Destination
Nigeria$2.26B

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

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

In 2023, countries that imported more from Malta than Cayman Islands included Nigeria ($2.26B), Germany ($849M), and China ($494M).

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

Comparative Advantage Cayman Islands - Malta

Flow
Scale

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

During 2023, Cayman Islands had a large net trade with Malta in the exports of Transportation ($38.9M) and Machines ($16).

During 2018, Malta had a large net trade with Cayman Islands in the exports of Machines ($30.8k) and Plastics and Rubbers ($1.91k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with