2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Malta-Colombia Trade: In 2023, Malta exported $4.22M to Colombia. The main products that Malta exported to Colombia were Medical Instruments ($3.81M), Low-voltage Protection Equipment ($57.7k), and Railway Cargo Containers ($48.7k). Over the past 5 years the exports of Malta to Colombia have increased at an annualized rate of 15%, from $2.1M in 2018 to $4.22M in 2023.

In 2009, Malta exported services to Colombia worth $85k, with Services not allocated ($85k) being the largest in terms of value.

Colombia-Malta Trade: In 2023, Colombia exported $385k to Malta. The main products that Colombia exported to Malta were Raw Sugar ($201k), Recreational Boats ($58.6k), and Other Iron Products ($43.7k). Over the past 5 years the exports of Colombia to Malta have decreased at an annualized rate of 28.4%,  from $2.05M in 2018 to $385k in 2023.

In 2023, Colombia did not export any services to Malta.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $4.22M to Colombia. The main products exported from Malta to Colombia were Medical Instruments ($3.81M), Low-voltage Protection Equipment ($57.7k), and Railway Cargo Containers ($48.7k). During the last 5 years the exports of Malta to Colombia have increased at an annualized rate of 15%, from $2.1M in 2018 to $4.22M in 2023.

In 2018, Colombia exported $385k to Malta. The main products exported from Colombia to Malta were Raw Sugar ($201k), Recreational Boats ($58.6k), and Other Iron Products ($43.7k). During the last 5 years the exports of Colombia to Malta have decreased at an annualized rate of 28.4%, from $2.05M in 2023 to $385k in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Colombia (Flag)

Malta Exports

Colombia Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Malta than Colombia included Nigeria ($2.26B), Tunisia ($255M), and Singapore ($372M).

In 2023, countries that imported more from Colombia than Malta included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Malta - Colombia

Flow
Scale

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

During 2023, Malta had a large net trade with Colombia in the exports of Instruments ($3.84M), Machines ($227k), and Paper Goods ($91.1k).

During 2018, Colombia had a large net trade with Malta in the exports of Foodstuffs ($203k), Transportation ($60.4k), and Metals ($44.6k).

Economic Complexity

Competitive Landscape

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

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

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