2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
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GDP GROWTH
107%CURRENT US$
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2023
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 GDP
$2.14TCURRENT US$
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2013-2023
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GDP GROWTH
16%CURRENT US$
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2023
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GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
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GDP PC GROWTH
59.4%CURRENT US$
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2023
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GDP PC
$53,431CURRENT US$
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2013-2023
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GDP PC GROWTH
1.51%CURRENT US$
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About

Malta-Canada Trade: In 2023, Malta exported $36.1M to Canada. The main products that Malta exported to Canada were Low-voltage Protection Equipment ($9.65M), Integrated Circuits ($7.6M), and Packaged Medicaments ($6.49M). Over the past 5 years the exports of Malta to Canada have increased at an annualized rate of 2.98%, from $31.2M in 2018 to $36.1M in 2023.

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

Canada-Malta Trade: In 2023, Canada exported $157M to Malta. The main products that Canada exported to Malta were Planes, Helicopters, and/or Spacecraft ($139M), Gas Turbines ($5.96M), and Thermostats ($3.34M). Over the past 5 years the exports of Canada to Malta have increased at an annualized rate of 12%,  from $89.3M in 2018 to $157M in 2023.

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.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $36.1M to Canada. The main products exported from Malta to Canada were Low-voltage Protection Equipment ($9.65M), Integrated Circuits ($7.6M), and Packaged Medicaments ($6.49M). During the last 5 years the exports of Malta to Canada have increased at an annualized rate of 2.98%, from $31.2M in 2018 to $36.1M in 2023.

In 2018, Canada exported $157M to Malta. The main products exported from Canada to Malta were Planes, Helicopters, and/or Spacecraft ($139M), Gas Turbines ($5.96M), and Thermostats ($3.34M). During the last 5 years the exports of Canada to Malta have increased at an annualized rate of 12%, from $89.3M in 2023 to $157M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Canada (Flag)

Malta Exports

Canada Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Malta than Canada included Nigeria ($2.26B), Tunisia ($255M), and Croatia ($94.1M).

In 2023, countries that imported more from Canada than Malta included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Malta - Canada

Flow
Scale

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

During 2023, Malta had a large net trade with Canada in the exports of Machines ($21.3M), Chemical Products ($8.79M), and Instruments ($1.76M).

During 2018, Canada had a large net trade with Malta in the exports of Transportation ($141M), Machines ($7.07M), and Instruments ($3.89M).

Bilateral Service Trade

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

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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