2022
Flag  
GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Maldives-Ecuador Trade: In 2022, Maldives exported $72.8k to Ecuador. The main products that Maldives exported to Ecuador were Non-fillet Frozen Fish ($72.8k). Over the past 8 years the exports of Maldives to Ecuador have increased at an annualized rate of 98%, from $308 in 2014 to $72.8k in 2022.

In 2022, Maldives did not export any services to Ecuador.

Ecuador-Maldives Trade: In 2022, Ecuador exported $1.28M to Maldives. The main products that Ecuador exported to Maldives were Cut Flowers ($258k), Frozen Bovine Meat ($162k), and Cheese ($99.2k). Over the past 8 years the exports of Ecuador to Maldives have increased at an annualized rate of 61.1%,  from $118k in 2014 to $1.28M in 2022.

In 2022, Ecuador did not export any services to Maldives.

Comparison In 2022,  Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $72.8k to Ecuador. The main products exported from Maldives to Ecuador were Non-fillet Frozen Fish ($72.8k). During the last 8 years the exports of Maldives to Ecuador have increased at an annualized rate of 98%, from $308 in 2014 to $72.8k in 2022.

In 2017, Ecuador exported $1.28M to Maldives. The main products exported from Ecuador to Maldives were Cut Flowers ($258k), Frozen Bovine Meat ($162k), and Cheese ($99.2k). During the last 5 years the exports of Ecuador to Maldives have increased at an annualized rate of 61.1%, from $118k in 2022 to $1.28M in 2017.

Exports from Maldives (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Maldives (Flag) (2022)

Latest Data

Trade between Maldives (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Maldives than Ecuador included Mauritius ($11.1M), Oman ($14.3M), and Seychelles ($6.14M).

In 2022, countries that imported more from Ecuador than Maldives included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and Maldives (Flag) (2022)

Comparative Advantage Maldives - Ecuador

Flow
Scale

This chart compares trade between Maldives and Ecuador by product, considering products traded by both, Maldives and Ecuador.

During 2022, Maldives had a large net trade with Ecuador in the exports of Animal Products ($72.8k).

During 2017, Ecuador had a large net trade with Maldives in the exports of Animal Products ($660k), Vegetable Products ($337k), and Foodstuffs ($140k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Maldives and Ecuador. This means that a dot/product with the flag of Maldives indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Maldives.

Product Space of Maldives (Flag) and Ecuador (Flag) (2022)

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