2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 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 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 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

Malta-Cayman Islands Trade: In 2023, Malta exported $32.8k to Cayman Islands. The main products that Malta exported to Cayman Islands were Centrifuges ($30.8k) and Other Rubber Products ($1.91k). Over the past 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 6.16%, from $45k in 2018 to $32.8k in 2023.

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

Cayman Islands-Malta Trade: In 2023, Cayman Islands exported $38.9M to Malta. The main products that Cayman Islands exported to Malta were Recreational Boats ($38.9M) and Blank Audio Media ($16). Over the past 5 years the exports of Cayman Islands to Malta have decreased at an annualized rate of 17.7%,  from $103M in 2018 to $38.9M in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B). 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, Malta exported $32.8k to Cayman Islands. The main products exported from Malta to Cayman Islands were Centrifuges ($30.8k) and Other Rubber Products ($1.91k). During the last 5 years the exports of Malta to Cayman Islands have decreased at an annualized rate of 6.16%, from $45k in 2018 to $32.8k in 2023.

In 2018, Cayman Islands exported $38.9M to Malta. The main products exported from Cayman Islands to Malta were Recreational Boats ($38.9M) and Blank Audio Media ($16). During the last 5 years the exports of Cayman Islands to Malta have decreased at an annualized rate of 17.7%, from $103M in 2023 to $38.9M in 2018.

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

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

Latest Data

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

Malta Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Cayman Islands
Top Destination
United Kingdom$326M

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

In 2023, countries that imported more from Malta than Cayman Islands included Nigeria ($2.26B), Germany ($849M), and China ($494M).

In 2023, countries that imported more from Cayman Islands than Malta included United Kingdom ($326M), Cyprus ($172M), and Grenada ($67.2M).

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

Comparative Advantage Malta - Cayman Islands

Flow
Scale

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

During 2023, Malta had a large net trade with Cayman Islands in the exports of Machines ($30.8k) and Plastics and Rubbers ($1.91k).

During 2018, Cayman Islands had a large net trade with Malta in the exports of Transportation ($38.9M) and Machines ($16).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malta and Cayman Islands. This means that a dot/product with the flag of Malta 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 Malta.

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

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