2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
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2023
Flag
GDP PC 
$39,003CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

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.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $1.95B to Malta. The main products exported from Italy to Malta were Refined Petroleum ($411M), Recreational Boats ($179M), and Electricity ($89.8M). During the last 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 2018, Malta exported $301M to Italy. The main products exported from Malta to Italy were Packaged Medicaments ($49.9M), Precious Metal Scraps ($26.3M), and Low-voltage Protection Equipment ($24.7M). During the last 5 years the exports of Malta to Italy have decreased at an annualized rate of 2.31%, from $338M in 2023 to $301M in 2018.

Exports from Italy (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from Italy than Malta included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

In 2023, countries that imported more from Malta than Italy included Nigeria ($2.26B), Burundi ($10.6M), and South Sudan ($5.39M).

Difference in imports from Malta (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Malta

Flow
Scale

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

During 2023, Italy had a large net trade with Malta in the exports of Mineral Products ($536M), Machines ($250M), and Transportation ($208M).

During 2018, Malta had a large net trade with Italy in the exports of Machines ($71.4M), Chemical Products ($57.7M), and Instruments ($31.5M).

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Malta (Flag) (2023)

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