Canada (CAN) and Malta (MLT) Trade | The Observatory of Economic Complexity

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Canada (CAN) and Malta (MLT) Trade

2022

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Exports $821MRnk 35 / 215

2022

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Top Product $807MPlanes, Helicopters, and/or Spacecraft

2022

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Exports $34.3MRnk 32 / 173

2022

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Top Product $8MLow-voltage Protection Equipment

2022

Economic Complexity (ECI) ECI 0.92Rnk 31 / 133

2022

GDP$2.14TCURRENT US$
Rnk 9 / 186

2012-2022

GDP GROWTH17%CURRENT US$
Rnk 129 / 186

2022

GDP$17.8BCURRENT US$
Rnk 123 / 186

2012-2022

GDP GROWTH87.8%CURRENT US$
Rnk 22 / 186

2022

GDP PC $54,966CURRENT US$
Rnk 14 / 186

2012-2022

GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

2022

GDP PC$33,941CURRENT US$
Rnk 31 / 186

2012-2022

GDP PC GROWTH50.7%CURRENT US$
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Image 1

Image by paul bica
Link: https://flic.kr/p/59wAvs

Image 2

Image by Tony Hisgett
Link: https://flic.kr/p/bxWQkM

Latest Trends
Historical Data
Bilateral Service Trade
Economic Complexity

About

Canada-Malta Trade: In 2022, Canada exported $821M to Malta. The main products that Canada exported to Malta were Planes, Helicopters, and/or Spacecraft ($807M), Aircraft Parts ($3.76M), and Thermostats ($3.01M). Over the past 5 years the exports of Canada to Malta have increased at an annualized rate of 38.7%, from $160M in 2017 to $821M in 2022.

In 2020, Canada exported services to Malta worth $15.7M, with Financial services ($13.4M), Communications services ($746k), and Computer and information services ($746k) being the largest in terms of value.

Malta-Canada Trade: In 2022, Malta exported $34.3M to Canada. The main products that Malta exported to Canada were Low-voltage Protection Equipment ($8M), Thermostats ($7.16M), and Integrated Circuits ($4.84M). Over the past 5 years the exports of Malta to Canada have decreased at an annualized rate of 1.16%, from $36.4M in 2017 to $34.3M in 2022.

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

Comparison In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$101M and imported C$3.13M from Malta, resulting in a positive trade balance of C$98.1M. Between August 2023 and August 2024 the exports of Canada have increased by C$100M (8.12k%) from C$1.23M to C$101M, while imports decreased by C$-2.46M (-44%) from C$5.59M to C$3.13M.

Trade In August 2024, the top exports of Canada to Malta were Planes, Helicopters, and/or Spacecraft (C$24.6M), Aircraft parts including unmanned craft (C$1.34M), Thermostats (C$569k), Packaged Medicaments (C$67.5k), and Buckwheat (C$61.9k). In August 2024 the top imports of Canada from Malta were Low-voltage Protection Equipment (C$1.56M), Integrated Circuits (C$428k), Medical Instruments (C$110k), Other Edible Preparations (C$104k), and Telephones (C$91.9k).

Origins In August 2024 the exports of Canada were mainly from Quebec (C$100M), Ontario (C$883k), Alberta (C$131k), Saskatchewan (C$61.6k), and Manitoba (C$15.4k), while imports destinations were mainly Ontario (C$1.5M), Quebec (C$1.47M), British Columbia (C$73k), Alberta (C$43.5k), and Manitoba (C$38.3k).

Growth In August 2024, the increase in Canada's year-by-year exports to Malta was explained primarily by an increase in product exports in Aircraft parts including unmanned craft (C$1.16M or 651%), Gas Turbines (C$7.68k or 35%), and Brochures (C$4.08k or 17.7k%). In August 2024, the decrease in Canada's year-by-year imports from Malta was explained primarily by an decrease in product imports in Medical Instruments (C$-244k or -68.9%), Packaged Medicaments (C$-208k or -70.9%), and Electrical Control Boards (C$-66.3k or -50.1%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)C$100M(8.12k%)

IMPORT GROWTH (August 2023 - August 2024)C$-2.46M(-44%)

MAIN EXPORTER (August 2024)QuebecC$100M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Malta and Canada trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Canada exported $821M to Malta. The main products exported from Canada to Malta were Planes, Helicopters, and/or Spacecraft ($807M), Aircraft Parts ($3.76M), and Thermostats ($3.01M). During the last 5 years the exports of Canada to Malta have increased at an annualized rate of 38.7%, from $160M in 2017 to $821M in 2022.

In 2017, Malta exported $34.3M to Canada. The main products exported from Malta to Canada were Low-voltage Protection Equipment ($8M), Thermostats ($7.16M), and Integrated Circuits ($4.84M). During the last 5 years the exports of Malta to Canada have decreased at an annualized rate of 1.16%, from $36.4M in 2022 to $34.3M in 2017.

Exports from Canada () to Malta () (2022)

Exports from Malta () to Canada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$438B

Malta
Top DestinationGermany$576M

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

In 2022, countries that imported more from Canada than Malta included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Malta than Canada included Cyprus ($82.5M), Hungary ($106M), and Sudan ($30.5M).

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

Comparative Advantage Canada - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Canada had a large net trade with Malta in the exports of Transportation ($811M), Instruments ($3.4M), and Chemical Products ($1.81M).

During 2017, Malta had a large net trade with Canada in the exports of Machines ($16.1M), Instruments ($8.38M), and Chemical Products ($3.61M).

Bilateral Service Trade

Mlt Year

Can Year

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

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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

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