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
$33,941CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
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About

Venezuela-Malta Trade: In 2022, Venezuela exported $2.32k to Malta. The main products that Venezuela exported to Malta were Dried Legumes ($1.16k), Imitation Jewellery ($622), and Wind Instruments ($305). Over the past 6 years the exports of Venezuela to Malta have decreased at an annualized rate of 0.7%, from $2.42k in 2016 to $2.32k in 2022.

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

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

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

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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, Venezuela exported $2.32k to Malta. The main products exported from Venezuela to Malta were Dried Legumes ($1.16k), Imitation Jewellery ($622), and Wind Instruments ($305). During the last 6 years the exports of Venezuela to Malta have decreased at an annualized rate of 0.7%, from $2.42k in 2016 to $2.32k in 2022.

Malta does not register exports to Venezuela.

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

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

Latest Data

Trade between Venezuela (Flag) and Malta (Flag)

Malta Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Malta
Top Destination
Germany$576M

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

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

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

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

Comparative Advantage Venezuela - Malta

Flow
Scale

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

During 2022, Venezuela had a large net trade with Malta in the exports of Vegetable Products ($1.16k), Precious Metals ($622), and Instruments ($368).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Malta+N/AN/A
Top Product Potential Malta Venezuela+N/AN/A

N/A

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Bilateral Service Trade

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

Service trade data is presented based on availability.

Services Exports from Malta (Flag) to Venezuela (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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