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

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Malta () (2022)

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

Latest Data

Trade between Venezuela () and Malta ()

Malta Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Malta
Top DestinationGermany$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 () and Venezuela () (2022)

Comparative Advantage Venezuela - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 () to Venezuela () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Venezuela () and Malta ()

Malta Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Malta

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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