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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $502k in 2023.

In 2018, 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 2023 to $6.92M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Ecuador (Flag)

Malta Exports

Ecuador Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Malta - Ecuador

Flow
Scale

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

During 2023, Malta had a large net trade with Ecuador in the exports of Chemical Products ($355k), Machines ($54.7k), and Instruments ($48.2k).

During 2018, Ecuador had a large net trade with Malta in the exports of Vegetable Products ($4.82M), Foodstuffs ($2.02M), and Animal Products ($63.3k).

Economic Complexity

Competitive Landscape

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

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

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