2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH
62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195

About

Guyana-Cayman Islands Trade: In 2023, Guyana exported $176k to Cayman Islands. The main products that Guyana exported to Cayman Islands were Hard Liquor ($143k), Plastic Building Materials ($8.25k), and Flavored Water ($7.09k). Over the past 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 27.5%, from $876k in 2018 to $176k in 2023.

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

Cayman Islands-Guyana Trade: In 2023, Cayman Islands exported $198k to Guyana. The main products that Cayman Islands exported to Guyana were Other Coloring Matter ($110k), Electrical Power Accessories ($21.1k), and Glaziers Putty ($20.6k). Over the past 5 years the exports of Cayman Islands to Guyana have increased at an annualized rate of 5.88%,  from $149k in 2018 to $198k in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, Cayman Islands ranked 165 in total exports ($818M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $176k to Cayman Islands. The main products exported from Guyana to Cayman Islands were Hard Liquor ($143k), Plastic Building Materials ($8.25k), and Flavored Water ($7.09k). During the last 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 27.5%, from $876k in 2018 to $176k in 2023.

In 2018, Cayman Islands exported $198k to Guyana. The main products exported from Cayman Islands to Guyana were Other Coloring Matter ($110k), Electrical Power Accessories ($21.1k), and Glaziers Putty ($20.6k). During the last 5 years the exports of Cayman Islands to Guyana have increased at an annualized rate of 5.88%, from $149k in 2023 to $198k in 2018.

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

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

Latest Data

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

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from Guyana than Cayman Islands included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

In 2023, countries that imported more from Cayman Islands than Guyana included Cyprus ($172M), Grenada ($67.2M), and Malta ($38.9M).

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

Comparative Advantage Guyana - Cayman Islands

Flow
Scale

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

During 2023, Guyana had a large net trade with Cayman Islands in the exports of Foodstuffs ($158k), Plastics and Rubbers ($8.3k), and Metals ($5.1k).

During 2018, Cayman Islands had a large net trade with Guyana in the exports of Chemical Products ($132k), Machines ($22.9k), and Transportation ($19.9k).

Economic Complexity

Competitive Landscape

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

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

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