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Pricing

2022
Flag → Flag
Exports $72MRnk 105 / 218
2022
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Top Product $10.7MRubber Apparel
2022
Flag → Flag
Exports $240MRnk 21 / 170
2022
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Top Product $184MCocoa Beans
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI -0.96Rnk 102 / 124
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Malaysia-Ecuador In 2022, Malaysia exported $72M to Ecuador. The main products that Malaysia exported to Ecuador are Rubber Apparel ($10.7M), Palm Oil ($7.13M), and Medical Instruments ($3.18M). During the last 27 years the exports of Malaysia to Ecuador have increased at an annualized rate of 8.51%, from $7.93M in 1995 to $72M in 2022.

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

Ecuador-Malaysia In 2022, Ecuador exported $240M to Malaysia. The main products that Ecuador exported to Malaysia were Cocoa Beans ($184M), Crustaceans ($32.2M), and Precious Metal Ore ($6.24M). During the last 27 years the exports of Ecuador to Malaysia have increased at an annualized rate of 18%, from $2.75M in 1995 to $240M in 2022.

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

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR11.9M and imported MYR46.8M from Ecuador, resulting in a negative trade balance of MYR34.9M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-1.52M (-11.3%) from MYR13.4M to MYR11.9M, while imports increased by MYR17.8M (61.4%) from MYR29M to MYR46.8M.

Trade In September 2020, the top exports of Malaysia to Ecuador were Rubber Apparel (MYR3.2M), Electrical Transformers (MYR1.03M), Machinery Having Individual Functions (MYR705k), Float Glass (MYR410k), and Ethylene Polymers (MYR321k). In September 2020 the top imports of Malaysia from Ecuador were Cocoa Beans (MYR41.6M), Raw Plastic Sheeting (MYR1.67M), Other Fruits (MYR230k), Mixed Mineral or Chemical Fertilizers (MYR82.1k), and Coffee and Tea Extracts (MYR62.1k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Electrical Ignitions (MYR-1.09M or -88.6%), Other Furniture (MYR-189k or -66.5%), and Pens (MYR-181k or -54%). In September 2020, the increase in Malaysia's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Other Fruits (MYR136k or 144%), Coffee and Tea Extracts (MYR25.5k or 69.8%), and Commodities not elsewhere specified (MYR1.02k or 10.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-1.52M(-11.3%)
IMPORT GROWTH (September 2019 - September 2020)MYR17.8M(61.4%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Ecuador and Malaysia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $72M to Ecuador. The main products exported from Malaysia to Ecuador were Rubber Apparel ($10.7M), Palm Oil ($7.13M), and Medical Instruments ($3.18M). During the last 27 years the exports of Malaysia to Ecuador have increased at an annualized rate of 8.51%, from $7.93M in 1995 to $72M in 2022.

In 2022, Ecuador exported $240M to Malaysia. The main products exported from Ecuador to Malaysia were Cocoa Beans ($184M), Crustaceans ($32.2M), and Precious Metal Ore ($6.24M). During the last 27 years the exports of Ecuador to Malaysia have increased at an annualized rate of 18%, from $2.75M in 1995 to $240M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Ecuador
Top DestinationUnited States$9.86B

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

In 2021, countries that imported more from Malaysia than Ecuador were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2021, countries that imported more from Ecuador than Malaysia were Panama ($4.97B), Chile ($1.34B), and Colombia ($1.07B).

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

Comparative Advantage Malaysia - Ecuador

Flow
Scale

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

During 2022, Malaysia had a large net trade with Ecuador in the exports of Machines ($21.6M), Plastics and Rubbers ($18.7M), and Animal and Vegetable Bi-Products ($7.82M).

During 2022, Ecuador had a large net trade with Malaysia in the exports of Foodstuffs ($186M), Animal Products ($32.2M), and Metals ($8.03M).

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 Malaysia has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Malaysia.

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

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