2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Cayman Islands Trade: In 2022, Malaysia exported $466k to Cayman Islands. The main products that Malaysia exported to Cayman Islands were Soybean Oil ($395k), X-Ray Equipment ($61k), and Base Metal Watches ($5.07k). Over the past 5 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 25.2%, from $151k in 2017 to $466k in 2022.

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

Cayman Islands-Malaysia Trade: In 2022, Cayman Islands exported $2.28M to Malaysia. The main products that Cayman Islands exported to Malaysia were Telephones ($2.28M). Over the past 5 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 131%,  from $34.5k in 2017 to $2.28M in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). 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, Malaysia exported $466k to Cayman Islands. The main products exported from Malaysia to Cayman Islands were Soybean Oil ($395k), X-Ray Equipment ($61k), and Base Metal Watches ($5.07k). During the last 5 years the exports of Malaysia to Cayman Islands have increased at an annualized rate of 25.2%, from $151k in 2017 to $466k in 2022.

In 2017, Cayman Islands exported $2.28M to Malaysia. The main products exported from Cayman Islands to Malaysia were Telephones ($2.28M). During the last 5 years the exports of Cayman Islands to Malaysia have increased at an annualized rate of 131%, from $34.5k in 2022 to $2.28M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Malaysia than Cayman Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Cayman Islands than Malaysia included Malta ($218M), Seychelles ($121M), and Grenada ($62.6M).

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

Comparative Advantage Malaysia - Cayman Islands

Flow
Scale

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

During 2022, Malaysia had a large net trade with Cayman Islands in the exports of Animal and Vegetable Bi-Products ($395k), Instruments ($66.1k), and Miscellaneous ($2.86k).

During 2017, Cayman Islands had a large net trade with Malaysia in the exports of Machines ($2.28M).

Economic Complexity

Competitive Landscape

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

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

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