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Pricing

2023
Flag → Flag
Exports $6.92MRnk 92 / 174
2023
Flag → Flag
Top Product $4.76MBananas
2023
Flag → Flag
Exports $502kRnk 122 / 173
2023
Flag → Flag
Top Product $354kPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
 GDP$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH59.4%CURRENT US$
Rnk 32 / 195

About

Ecuador-Malta Trade: In 2023, Ecuador exported $6.92M to Malta. The main products that Ecuador exported to Malta were Bananas ($4.76M), Processed Fish ($2.02M), and Crustaceans ($63.3k). Over the past 5 years the exports of Ecuador to Malta have increased at an annualized rate of 9.18%, from $4.46M in 2018 to $6.92M in 2023.

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

Malta-Ecuador Trade: In 2023, Malta exported $502k to Ecuador. The main products that Malta exported to Ecuador were Packaged Medicaments ($354k), Medical Instruments ($44.7k), and Blank Audio Media ($34.3k). Over the past 5 years the exports of Malta to Ecuador have increased at an annualized rate of 52.3%,  from $61.3k in 2018 to $502k in 2023.

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

Comparison In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85),  and 65 in total exports ($37.3B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $1.34M and imported $465k from Malta, resulting in a positive trade balance of $870k. Between December 2020 and December 2021 the exports of Ecuador have increased by $777k (139%) from $559k to $1.34M, while imports increased by $464k (92.4k%) from $503 to $465k.

Trade In December 2021, the top exports of Ecuador to Malta were Bananas ($321k) and Cut Flowers ($308k). In December 2021 the top imports of Ecuador from Malta were Other toys ($27.4k), Air Conditioners ($4.61k), Hydrometers ($275), Low-voltage Protection Equipment ($248), and Electric Heaters ($165).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.33M) and Quito ($1.04k), while imports destinations were mainly Guayaquil-Marítimo ($465k) and Quito ($29.4).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Malta was explained primarily by an increase in product exports in Cut Flowers ($259k or 522%) and Bananas ($70.3k or 28.1%). In December 2021, the increase in Ecuador's year-by-year imports  from Malta was explained primarily by an increase in product imports  in Low-voltage Protection Equipment ($80.3 or 48%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$777k(139%)
IMPORT GROWTH (December 2020 - December 2021)$464k(92.4k%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$1.33M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $6.92M to Malta. The main products exported from Ecuador to Malta were Bananas ($4.76M), Processed Fish ($2.02M), and Crustaceans ($63.3k). During the last 5 years the exports of Ecuador to Malta have increased at an annualized rate of 9.18%, from $4.46M in 2018 to $6.92M in 2023.

In 2018, Malta exported $502k to Ecuador. The main products exported from Malta to Ecuador were Packaged Medicaments ($354k), Medical Instruments ($44.7k), and Blank Audio Media ($34.3k). During the last 5 years the exports of Malta to Ecuador have increased at an annualized rate of 52.3%, from $61.3k in 2023 to $502k in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Malta
Top DestinationNigeria$2.26B

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

In 2023, countries that imported more from Ecuador than Malta included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

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

Comparative Advantage Ecuador - Malta

Flow
Scale

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

During 2023, Ecuador had a large net trade with Malta in the exports of Vegetable Products ($4.82M), Foodstuffs ($2.02M), and Animal Products ($63.3k).

During 2018, Malta had a large net trade with Ecuador in the exports of Chemical Products ($355k), Machines ($54.7k), and Instruments ($48.2k).

Economic Complexity

Competitive Landscape

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

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

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