2023
Flag  
GDP
$22.3BCURRENT US$
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2013-2023
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GDP GROWTH
107%CURRENT US$
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2023
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 GDP
$77.2BCURRENT US$
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2013-2023
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GDP GROWTH
25.9%CURRENT US$
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2023
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GDP PC 
$40,396CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
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2023
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GDP PC
$22,798CURRENT US$
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2013-2023
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GDP PC GROWTH
24.3%CURRENT US$
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About

Malta-Uruguay Trade: In 2023, Malta exported $87k to Uruguay. The main products that Malta exported to Uruguay were Low-voltage Protection Equipment ($31.8k), Other toys ($12.9k), and Gas and Liquid Flow Measuring Instruments ($9.83k). Over the past 5 years the exports of Malta to Uruguay have decreased at an annualized rate of 2.79%, from $100k in 2018 to $87k in 2023.

In 2020, Malta exported services to Uruguay worth $0, with being the largest in terms of value.

Uruguay-Malta Trade: In 2023, Uruguay exported $770k to Malta. The main products that Uruguay exported to Malta were Rice ($606k), Horses ($45.8k), and Citrus ($41.1k). Over the past 5 years the exports of Uruguay to Malta have increased at an annualized rate of 69.5%,  from $55.1k in 2018 to $770k in 2023.

In 2023, Uruguay did not export any services to Malta.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $87k to Uruguay. The main products exported from Malta to Uruguay were Low-voltage Protection Equipment ($31.8k), Other toys ($12.9k), and Gas and Liquid Flow Measuring Instruments ($9.83k). During the last 5 years the exports of Malta to Uruguay have decreased at an annualized rate of 2.79%, from $100k in 2018 to $87k in 2023.

In 2018, Uruguay exported $770k to Malta. The main products exported from Uruguay to Malta were Rice ($606k), Horses ($45.8k), and Citrus ($41.1k). During the last 5 years the exports of Uruguay to Malta have increased at an annualized rate of 69.5%, from $55.1k in 2023 to $770k in 2018.

Exports from Malta (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to Malta (Flag) (2023)

Latest Data

Trade between Malta (Flag) and Uruguay (Flag)

Malta Exports

Uruguay Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from Malta than Uruguay included Nigeria ($2.26B), Germany ($849M), and Singapore ($372M).

In 2023, countries that imported more from Uruguay than Malta included China ($2.34B), Brazil ($1.92B), and United States ($880M).

Difference in imports from Uruguay (Flag) and Malta (Flag) (2023)

Comparative Advantage Malta - Uruguay

Flow
Scale

This chart compares trade between Malta and Uruguay by product, considering products traded by both, Malta and Uruguay.

During 2023, Malta had a large net trade with Uruguay in the exports of Machines ($47.5k), Instruments ($18.3k), and Miscellaneous ($12.9k).

During 2018, Uruguay had a large net trade with Malta in the exports of Vegetable Products ($647k), Animal Products ($45.8k), and Foodstuffs ($44.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Malta (Flag) and Uruguay (Flag) (2023)

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