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2023
Flag → Flag
Exports $144kRnk 30 / 78
2023
Flag → Flag
Top Product $102kIntegrated Circuits
2023
Flag → Flag
Exports $425kRnk 200 / 221
2023
Flag → Flag
Top Product $212kSoybean Oil
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Cayman Islands-Malaysia Trade: In 2023, Cayman Islands exported $144k to Malaysia. The main products that Cayman Islands exported to Malaysia were Integrated Circuits ($102k), Broadcasting Equipment ($24.6k), and Electrical Transformers ($16.4k). Over the past 6 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 26.5%, from $35k in 2017 to $144k in 2023.

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

Malaysia-Cayman Islands Trade: In 2023, Malaysia exported $425k to Cayman Islands. The main products that Malaysia exported to Cayman Islands were Soybean Oil ($212k), Air Conditioners ($193k), and Medical Instruments ($6.91k). Over the past 6 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 27.3%,  from $127k in 2017 to $425k in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $144k to Malaysia. The main products exported from Cayman Islands to Malaysia were Integrated Circuits ($102k), Broadcasting Equipment ($24.6k), and Electrical Transformers ($16.4k). During the last 6 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 26.5%, from $35k in 2017 to $144k in 2023.

In 2018, Malaysia exported $425k to Cayman Islands. The main products exported from Malaysia to Cayman Islands were Soybean Oil ($212k), Air Conditioners ($193k), and Medical Instruments ($6.91k). During the last 5 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 27.3%, from $127k in 2023 to $425k in 2018.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Cayman Islands
Top DestinationUnited Kingdom$326M
Malaysia
Top DestinationChina$79.8B

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 2023, countries that imported more from Cayman Islands than Malaysia included Cyprus ($172M), Grenada ($67.2M), and Barbados ($15.4M).

In 2023, countries that imported more from Malaysia than Cayman Islands included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

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 2023, Cayman Islands had a large net trade with Malaysia in the exports of Machines ($144k).

During 2018, Malaysia had a large net trade with Cayman Islands in the exports of Animal and Vegetable Bi-Products ($212k), Machines ($193k), and Instruments ($11.4k).

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) (2023)

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