Maldives (MDV) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Ecuador () (2022)

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

Latest Data

Trade between Maldives () and Ecuador ()

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Ecuador
Top DestinationUnited 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 () and Maldives () (2022)

Comparative Advantage Maldives - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Maldives () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Maldives - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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