Italy-Malta Trade: In 2023, Italy exported $1.95B to Malta. The main products that Italy exported to Malta were Refined Petroleum ($411M), Recreational Boats ($179M), and Electricity ($89.8M). Over the past 5 years the exports of Italy to Malta have increased at an annualized rate of 2.33%, from $1.74B in 2018 to $1.95B in 2023.
In 2020, Italy exported services to Malta worth $207M, with Other business services ($129M), Travel ($31.8M), and Transportation ($23.1M) being the largest in terms of value.
Malta-Italy Trade: In 2023, Malta exported $301M to Italy. The main products that Malta exported to Italy were Packaged Medicaments ($49.9M), Precious Metal Scraps ($26.3M), and Low-voltage Protection Equipment ($24.7M). Over the past 5 years the exports of Malta to Italy have decreased at an annualized rate of 2.31%, from $338M in 2018 to $301M in 2023.
In 2020, Malta exported services to Italy worth $57.1M, with Travel ($51.4M), Communications services ($4.57M), and Insurance services ($1.14M) being the largest in terms of value.
Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.