Sign In
Pricing

2022
Flag → Flag
Exports $240MRnk 21 / 170
2022
Flag → Flag
Top Product $184MCocoa Beans
2022
Flag → Flag
Exports $72MRnk 105 / 218
2022
Flag → Flag
Top Product $10.7MRubber Apparel
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Ecuador-Malaysia Trade: 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). Over the past 5 years the exports of Ecuador to Malaysia have increased at an annualized rate of 14.8%, from $120M in 2017 to $240M in 2022.

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

Malaysia-Ecuador Trade: In 2022, Malaysia exported $72M to Ecuador. The main products that Malaysia exported to Ecuador were Rubber Apparel ($10.7M), Palm Oil ($7.13M), and Medical Instruments ($3.18M). Over the past 5 years the exports of Malaysia to Ecuador have increased at an annualized rate of 1.35%,  from $67.3M in 2017 to $72M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $13.8M and imported $5.62M from Malaysia, resulting in a positive trade balance of $8.18M. Between December 2020 and December 2021 the exports of Ecuador have increased by $8.44M (157%) from $5.36M to $13.8M, while imports increased by $799k (16.6%) from $4.83M to $5.62M.

Trade In December 2021, the top exports of Ecuador to Malaysia were Cocoa Beans ($2.04M), Crustaceans ($1.58M), Scrap Aluminium ($397k), Other Fruits ($184k), and Cut Flowers ($57.3k). In December 2021 the top imports of Ecuador from Malaysia were Rubber Apparel ($586k), Computers ($452k), Telephones ($398k), Bi-Wheel Vehicle Parts ($335k), and Medical Instruments ($311k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($13.7M) and Quito ($72.6k), while imports destinations were mainly Guayaquil-Marítimo ($4.59M), Quito ($820k), Guayaquil-Aéreo ($170k), Tulcán ($34.8k), and Huaquillas ($10.4k).

Growth In December 2021, the increase in Ecuador's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Scrap Aluminium ($271k or 214%). In December 2021, the increase in Ecuador's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Computers ($229k or 103%), Bi-Wheel Vehicle Parts ($152k or 83%), and Other Rubber Products ($55.8k or 143%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$8.44M(157%)
IMPORT GROWTH (December 2020 - December 2021)$799k(16.6%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$13.7M

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 Malaysia and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and Ecuador Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Ecuador to Malaysia have increased at an annualized rate of 14.8%, from $120M in 2017 to $240M in 2022.

In 2017, 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 5 years the exports of Malaysia to Ecuador have increased at an annualized rate of 1.35%, from $67.3M in 2022 to $72M in 2017.

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

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

Market Competitiveness

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

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

In 2022, countries that imported more from Ecuador than Malaysia included Panama ($4.97B), Chile ($1.34B), and Colombia ($1.07B).

In 2022, countries that imported more from Malaysia than Ecuador included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Ecuador - Malaysia

Flow
Scale

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

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

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Malaysia+$11.4MCrustaceans
Top Product Potential Malaysia Ecuador+$3.33MPalm Oil

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms