Italy-Malta Trade: In 2022, Italy exported $2.13B to Malta. The main products that Italy exported to Malta were Refined Petroleum ($253M), Recreational Boats ($191M), and Electricity ($189M). Over the past 5 years the exports of Italy to Malta have increased at an annualized rate of 3.11%, from $1.83B in 2017 to $2.13B in 2022.
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 2022, Malta exported $316M to Italy. The main products that Malta exported to Italy were Packaged Medicaments ($73M), Low-voltage Protection Equipment ($24.7M), and Light Rubberized Knitted Fabric ($19M). Over the past 5 years the exports of Malta to Italy have decreased at an annualized rate of 9.28%, from $514M in 2017 to $316M in 2022.
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 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.