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2022
Flag → Flag
Exports $2.28MRnk 17 / 92
2022
Flag → Flag
Top Product $2.28MTelephones
2022
Flag → Flag
Exports $466kRnk 196 / 218
2022
Flag → Flag
Top Product $395kSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Cayman Islands-Malaysia Trade: In 2022, Cayman Islands exported $2.28M to Malaysia. The main products that Cayman Islands exported to Malaysia were Telephones ($2.28M). Over the past 6 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 250%, from $1.24k in 2016 to $2.28M in 2022.

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

Malaysia-Cayman Islands Trade: In 2022, Malaysia exported $466k to Cayman Islands. The main products that Malaysia exported to Cayman Islands were Soybean Oil ($395k), X-Ray Equipment ($61k), and Base Metal Watches ($5.07k). Over the past 6 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 25.2%,  from $151k in 2016 to $466k in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cayman Islands exported $2.28M to Malaysia. The main products exported from Cayman Islands to Malaysia were Telephones ($2.28M). During the last 6 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 250%, from $1.24k in 2016 to $2.28M in 2022.

In 2017, Malaysia exported $466k to Cayman Islands. The main products exported from Malaysia to Cayman Islands were Soybean Oil ($395k), X-Ray Equipment ($61k), and Base Metal Watches ($5.07k). During the last 5 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 25.2%, from $151k in 2022 to $466k in 2017.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationMalta$218M
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Cayman Islands than Malaysia included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

In 2022, countries that imported more from Malaysia than Cayman Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Cayman Islands - Malaysia

Flow
Scale

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

During 2022, Cayman Islands had a large net trade with Malaysia in the exports of Machines ($2.28M).

During 2017, Malaysia had a large net trade with Cayman Islands in the exports of Animal and Vegetable Bi-Products ($395k), Instruments ($66.1k), and Miscellaneous ($2.86k).

Economic Complexity

Competitive Landscape

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

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

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