Malta (MLT) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Malta-Venezuela Trade: In 2019, Malta exported $12.1M to Venezuela. The main products that Malta exported to Venezuela were N/A. Over the past 6 years the exports of Malta to Venezuela have increased at an annualized rate of 39.9%, from $1.62M in 2013 to $12.1M in 2019.

In 2020, Malta exported services to Venezuela worth $0, with being the largest in terms of value.

Venezuela-Malta In N/A, Venezuela did not export any products to Malta.

In 2019, Venezuela did not export any services to Malta.

Comparison In 2022, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Malta exported $12.1M to Venezuela. There were not main exports from Malta to Venezuela in 2019. During the last 6 years the exports of Malta to Venezuela have increased at an annualized rate of 39.9%, from $1.62M in 2013 to $12.1M in 2019.

Venezuela does not register exports to Malta. The main products exported from Venezuela to Malta were Dried Legumes ($1.16k), Imitation Jewellery ($622), and Wind Instruments ($305).

Exports from Malta () to Venezuela () (2022)

Exports from Venezuela () to Malta () (2022)

Latest Data

Trade between Malta () and Venezuela ()

Malta Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malta
Top DestinationGermany$576M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Malta than Venezuela included Germany ($576M), Singapore ($239M), and Japan ($249M).

In 2022, countries that imported more from Venezuela than Malta included China ($703M), Turkey ($597M), and Spain ($518M).

Difference in imports from Venezuela () and Malta () (2022)

Comparative Advantage Malta - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Malta had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Malta () to Venezuela () (2022)

Exports from Venezuela () to Malta () (2022)

Latest Data

Trade between Malta () and Venezuela ()

Malta Exports

Market Competitiveness

Difference in imports from Venezuela () and Malta () (2022)

Comparative Advantage Malta - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Malta () and Venezuela () (2022)

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