2022
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GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
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GDP GROWTH
87.8%CURRENT US$
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2022
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GDP PC 
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
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GDP PC GROWTH
50.7%CURRENT US$
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About

Malta-Cayman Islands In 2022, Malta exported $14.7k to Cayman Islands. The main products that Malta exported to Cayman Islands are Centrifuges ($14.7k) and Brochures ($1). During the last 23 years the exports of Malta to Cayman Islands have increased at an annualized rate of 9.69%, from $1.75k in 1999 to $14.7k in 2022.

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

Cayman Islands-Malta In 2022, Cayman Islands exported $218M to Malta. The main products that Cayman Islands exported to Malta were Planes, Helicopters, and/or Spacecraft ($196M), Recreational Boats ($22.6M), and Other Firearms ($2.28k). During the last 23 years the exports of Cayman Islands to Malta have increased at an annualized rate of 103%, from $18 in 1999 to $218M in 2022.

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

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B). 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, Malta exported $14.7k to Cayman Islands. The main products exported from Malta to Cayman Islands were Centrifuges ($14.7k) and Brochures ($1). During the last 23 years the exports of Malta to Cayman Islands have increased at an annualized rate of 9.69%, from $1.75k in 1999 to $14.7k in 2022.

In 2022, Cayman Islands exported $218M to Malta. The main products exported from Cayman Islands to Malta were Planes, Helicopters, and/or Spacecraft ($196M), Recreational Boats ($22.6M), and Other Firearms ($2.28k). During the last 21 years the exports of Cayman Islands to Malta have increased at an annualized rate of 103%, from $18 in 2001 to $218M in 2022.

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

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

Latest Data

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

Malta Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
Cayman Islands
Top Destination
Malta$218M

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 2021, countries that imported more from Malta than Cayman Islands were Germany ($576M), Italy ($316M), and France ($302M).

In 2021, countries that imported more from Cayman Islands than Malta were Norway ($163M), Seychelles ($121M), and Grenada ($62.6M).

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

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 2022, Malta had a large net trade with Cayman Islands in the exports of Machines ($14.7k) and Paper Goods ($1).

During 2022, Cayman Islands had a large net trade with Malta in the exports of Transportation ($218M), Weapons ($6.93k), and Instruments ($513).

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 Malta has comparative advantage over Cayman Islands. Similarly, the more yellow a dot/product is, the more Cayman Islands has comparative advantage over Malta.

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

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