2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Guyana-Cayman Islands Trade: In 2022, Guyana exported $167k to Cayman Islands. The main products that Guyana exported to Cayman Islands were Hard Liquor ($81.4k), Raw Sugar ($38.1k), and Flavored Water ($21.1k). Over the past 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 20%, from $508k in 2017 to $167k in 2022.

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

Cayman Islands-Guyana Trade: In 2022, Cayman Islands exported $29.2k to Guyana. The main products that Cayman Islands exported to Guyana were X-Ray Equipment ($26.4k), Office Machine Parts ($1.2k), and Iron Housewares ($1.15k). Over the past 5 years the exports of Cayman Islands to Guyana have decreased at an annualized rate of 3.95%,  from $35.7k in 2017 to $29.2k in 2022.

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

Comparison In 2022,  Guyana ranked 80 in total exports ($18.5B). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $167k to Cayman Islands. The main products exported from Guyana to Cayman Islands were Hard Liquor ($81.4k), Raw Sugar ($38.1k), and Flavored Water ($21.1k). During the last 5 years the exports of Guyana to Cayman Islands have decreased at an annualized rate of 20%, from $508k in 2017 to $167k in 2022.

In 2017, Cayman Islands exported $29.2k to Guyana. The main products exported from Cayman Islands to Guyana were X-Ray Equipment ($26.4k), Office Machine Parts ($1.2k), and Iron Housewares ($1.15k). During the last 5 years the exports of Cayman Islands to Guyana have decreased at an annualized rate of 3.95%, from $35.7k in 2022 to $29.2k in 2017.

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

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

Latest Data

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

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Cayman Islands
Top Destination
Malta$218M

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 2022, countries that imported more from Guyana than Cayman Islands included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Cayman Islands than Guyana included Malta ($218M), Norway ($163M), and Seychelles ($121M).

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

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 2022, Guyana had a large net trade with Cayman Islands in the exports of Foodstuffs ($149k), Chemical Products ($8.5k), and Plastics and Rubbers ($8.34k).

During 2017, Cayman Islands had a large net trade with Guyana in the exports of Instruments ($26.4k), Machines ($1.2k), and Metals ($1.15k).

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) (2022)

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