2022
Flag  
GDP
$115BCURRENT US$
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2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
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2022
Flag
 GDP
$17.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
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2022
Flag
GDP PC 
$6,391CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
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2022
Flag
GDP PC
$33,941CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
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About

Ecuador-Malta Trade: In 2022, Ecuador exported $11.5M to Malta. The main products that Ecuador exported to Malta were Bananas ($7.54M), Processed Fish ($2.07M), and Cut Flowers ($1.89M). Over the past 5 years the exports of Ecuador to Malta have increased at an annualized rate of 34.4%, from $2.64M in 2017 to $11.5M in 2022.

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

Malta-Ecuador Trade: In 2022, Malta exported $723k to Ecuador. The main products that Malta exported to Ecuador were Centrifuges ($618k), Medical Instruments ($33.4k), and Packaged Medicaments ($23.8k). Over the past 5 years the exports of Malta to Ecuador have increased at an annualized rate of 20.2%,  from $31.5k in 2017 to $723k in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $11.5M to Malta. The main products exported from Ecuador to Malta were Bananas ($7.54M), Processed Fish ($2.07M), and Cut Flowers ($1.89M). During the last 5 years the exports of Ecuador to Malta have increased at an annualized rate of 34.4%, from $2.64M in 2017 to $11.5M in 2022.

In 2017, Malta exported $723k to Ecuador. The main products exported from Malta to Ecuador were Centrifuges ($618k), Medical Instruments ($33.4k), and Packaged Medicaments ($23.8k). During the last 5 years the exports of Malta to Ecuador have increased at an annualized rate of 20.2%, from $31.5k in 2022 to $723k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Malta
Top Destination
Germany$576M

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

In 2022, countries that imported more from Malta than Ecuador included Germany ($576M), Singapore ($239M), and Hong Kong ($226M).

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

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 2022, Ecuador had a large net trade with Malta in the exports of Vegetable Products ($9.47M), Foodstuffs ($2.07M), and Footwear and Headwear ($7k).

During 2017, Malta had a large net trade with Ecuador in the exports of Machines ($640k), Instruments ($35.9k), and Chemical Products ($23.9k).

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) (2022)

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