2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
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About

Guatemala-Cayman Islands In 2022, Guatemala exported $54.2k to Cayman Islands. The main products that Guatemala exported to Cayman Islands are Plastic Pipes ($54.2k). During the last 20 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 3.63%, from $26.6k in 2002 to $54.2k in 2022.

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

Cayman Islands-Guatemala In 2022, Cayman Islands exported $2.52M to Guatemala. The main products that Cayman Islands exported to Guatemala were Refined Petroleum ($2.52M) and Computers ($511). During the last 20 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 7.35%, from $611k in 2002 to $2.52M in 2022.

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

Comparison In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2),  and 84 in total exports ($16.4B). That same year, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $54.2k to Cayman Islands. The main products exported from Guatemala to Cayman Islands were Plastic Pipes ($54.2k). During the last 20 years the exports of Guatemala to Cayman Islands have increased at an annualized rate of 3.63%, from $26.6k in 2002 to $54.2k in 2022.

In 2022, Cayman Islands exported $2.52M to Guatemala. The main products exported from Cayman Islands to Guatemala were Refined Petroleum ($2.52M) and Computers ($511). During the last 27 years the exports of Cayman Islands to Guatemala have increased at an annualized rate of 7.35%, from $611k in 1995 to $2.52M in 2022.

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

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

Latest Data

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

Guatemala Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Cayman Islands
Top Destination
Malta$218M

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

In 2021, countries that imported more from Guatemala than Cayman Islands were United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

In 2021, countries that imported more from Cayman Islands than Guatemala were Malta ($218M), Norway ($163M), and Seychelles ($121M).

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

Comparative Advantage Guatemala - Cayman Islands

Flow
Scale

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

During 2022, Guatemala had a large net trade with Cayman Islands in the exports of Plastics and Rubbers ($54.2k).

During 2022, Cayman Islands had a large net trade with Guatemala in the exports of Mineral Products ($2.52M) and Machines ($511).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guatemala has comparative advantage over Cayman Islands. Similarly, the more yellow a dot/product is, the more Cayman Islands has comparative advantage over Guatemala.

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

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