Flag Malta / Canada Flag

2020
FlagFlag
Exports
: $29.8M, Rnk 35 / 173

2020
FlagFlag
Top Product
: $9.57M, Low-voltage Protection Equipment

2020
FlagFlag
Exports
: $196M, Rnk 55 / 217

2020
FlagFlag
Top Product
: $188M, Planes, Helicopters, and/or Spacecraft

2020
Flag
Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
Flag  
GDP
: $14.6B, CURRENT US$
Rnk 125 / 195

2010-2020
Flag
GDP GROWTH
: 62.1%, CURRENT US$
Rnk 40 / 195

2020
Flag
 GDP
: $1.65T, CURRENT US$
Rnk 9 / 195

2010-2020
Flag
GDP GROWTH
: 1.74%, CURRENT US$
Rnk 155 / 195

2020
Flag
GDP PC 
: $27,885, CURRENT US$
Rnk 33 / 195

2010-2020
Flag
GDP PC GROWTH
: 27.9%, CURRENT US$
Rnk 67 / 195

2020
Flag
GDP PC
: $43,295, CURRENT US$
Rnk 22 / 195

2010-2020
Flag
GDP PC GROWTH
: -8.97%, CURRENT US$
Rnk 157 / 195

Malta-Canada In 2020, Malta exported $29.8M to Canada. The main products that Malta exported to Canada are Low-voltage Protection Equipment ($9.57M), Packaged Medicaments ($5.59M), and Integrated Circuits ($1.88M). During the last 25 years the exports of Malta to Canada have increased at an annualized rate of 0.27%, from $27.9M in 1995 to $29.8M in 2020.

In 2019, Malta exported services to Canada worth $148M, with Other business services ($141M)and Transportation ($6.72M) being the largest in terms of value.

Canada-Malta In 2020, Canada exported $196M to Malta . The main products that Canada exported to Malta were Planes, Helicopters, and/or Spacecraft ($188M), Thermostats ($1.81M), and Packaged Medicaments ($1.35M). During the last 25 years the exports of Canada to Malta have increased at an annualized rate of 16.5%, from $4.29M in 1995 to $196M in 2020.

In 2020, Canada did not export any services to Malta.

Comparison In 2020,  Malta ranked 120 in total exports ($4.16B), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2020, Malta exported $29.8M to Canada. The main products exported from Malta to Canada were Low-voltage Protection Equipment ($9.57M), Packaged Medicaments ($5.59M), and Integrated Circuits ($1.88M). During the last 25 years the exports of Malta to Canada have increased at an annualized rate of 0.27%, from $27.9M in 1995 to $29.8M in 2020.

In 2020, Canada exported $196M to Malta. The main products exported from Canada to Malta were Planes, Helicopters, and/or Spacecraft ($188M), Thermostats ($1.81M), and Packaged Medicaments ($1.35M). During the last 25 years the exports of Canada to Malta have increased at an annualized rate of 16.5%, from $4.29M in 1995 to $196M in 2020.

Canada Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Malta
Top Destination
: Germany, $496M

Canada
Top Destination
: United States, $264B

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 2019, countries that imported more from Malta than Canada were Libya ($69.6M), Hungary ($90.6M), and Cape Verde ($14.9M).

In 2019, countries that imported more from Canada than Malta were United States ($264B), China ($19.3B), and United Kingdom ($13.2B).

Comparative Advantage Malta - Canada

#permalink to section
Flow

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

During 2020, Malta had a large net trade with Canada in the exports of Machines ($13.9M), Chemical Products ($7.08M), and Instruments ($2.56M).

During 2020, Canada had a large net trade with Malta in the exports of Transportation ($188M), Instruments ($2.18M), and Chemical Products ($1.71M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Malta and Canada (using the HS6 product classification and the last year reported).

In 2019, the products from Malta that paid the highest import tariffs to enter Canada were Bovine edible offal, frozen except livers and tongues (99.2%)and Bovine cuts boneless, frozen (73.4%).

In 2019, the products from Canada that paid the highest import tariffs to enter Malta were Fat: poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (493%)and Dairy produce: fats and oils derived from milk (other than butter or dairy spreads) (314%).

*The tariffs present between Malta and Canada are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
399: Comprehensive Economic and Trade Agreement (CETA)

Bilateral Service Trade

#permalink to section

In 2019, Malta exported services to Canada worth $148M, with Other business services ($141M)and Transportation ($6.72M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Malta has comparative advantage over Canada. Similarly, the more red a dot/product is, the more Canada has comparative advantage over Malta.