Paraguay (PRY) and Cayman Islands (CYM) Trade | The Observatory of Economic Complexity

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Paraguay-Cayman Islands Trade: In 2011, Paraguay exported $477k to Cayman Islands. The main products that Paraguay exported to Cayman Islands were N/A. Over the past 5 years the exports of Paraguay to Cayman Islands have decreased at an annualized rate of 69.1%, from $169M in 2006 to $477k in 2011.

In 2011, Paraguay did not export any services to Cayman Islands.

Cayman Islands-Paraguay Trade: In 2011, Cayman Islands exported $46 to Paraguay. The main products that Cayman Islands exported to Paraguay were Electrical Lighting and Signalling Equipment ($46). Over the past 5 years the exports of Cayman Islands to Paraguay have decreased at an annualized rate of 71.6%, from $24.8k in 2006 to $46 in 2011.

In 2011, Cayman Islands did not export any services to Paraguay.

Comparison In 2022, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2011, Paraguay exported $477k to Cayman Islands. There were not main exports from Paraguay to Cayman Islands in 2011. During the last 5 years the exports of Paraguay to Cayman Islands have decreased at an annualized rate of 69.1%, from $169M in 2006 to $477k in 2011.

In 2017, Cayman Islands exported $46 to Paraguay. The main products exported from Cayman Islands to Paraguay were Electrical Lighting and Signalling Equipment ($46). During the last 5 years the exports of Cayman Islands to Paraguay have decreased at an annualized rate of 71.6%, from $24.8k in 2022 to $46 in 2017.

Exports from Paraguay () to Cayman Islands () (2022)

Exports from Cayman Islands () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cayman Islands ()

Paraguay Exports

Date

Nov 2011

Feb 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Paraguay
Top DestinationBrazil$3.67B

Cayman Islands
Top DestinationMalta$218M

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

In 2022, countries that imported more from Paraguay than Cayman Islands included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Difference in imports from Cayman Islands () and Paraguay () (2022)

Comparative Advantage Paraguay - Cayman Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Paraguay had a large net trade with Cayman Islands in the exports of .

During 2017, Cayman Islands had a large net trade with Paraguay in the exports of Machines ($46).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Paraguay () to Cayman Islands () (2022)

Exports from Cayman Islands () to Paraguay () (2022)

Latest Data

Trade between Paraguay () and Cayman Islands ()

Paraguay Exports

Market Competitiveness

Difference in imports from Cayman Islands () and Paraguay () (2022)

Comparative Advantage Paraguay - Cayman Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Paraguay () and Cayman Islands () (2022)

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