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
$243BCURRENT US$
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2013-2023
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GDP GROWTH
2.93%CURRENT US$
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2023
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GDP PC 
$40,396CURRENT US$
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2013-2023
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GDP PC GROWTH
59.4%CURRENT US$
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2023
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GDP PC
$23,401CURRENT US$
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2013-2023
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GDP PC GROWTH
8.47%CURRENT US$
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About

Malta-Greece Trade: In 2023, Malta exported $45.9M to Greece. The main products that Malta exported to Greece were Engine Parts ($10.4M), Packaged Medicaments ($6.46M), and Refined Petroleum ($5.95M). Over the past 5 years the exports of Malta to Greece have increased at an annualized rate of 10.9%, from $27.3M in 2018 to $45.9M in 2023.

In 2020, Malta exported services to Greece worth $1.14M, with Communications services ($1.14M) being the largest in terms of value.

Greece-Malta Trade: In 2023, Greece exported $180M to Malta. The main products that Greece exported to Malta were Refined Petroleum ($48.4M), Rolled Tobacco ($17.5M), and Packaged Medicaments ($15.3M). Over the past 5 years the exports of Greece to Malta have decreased at an annualized rate of 8.51%,  from $307M in 2018 to $180M in 2023.

In 2020, Greece exported services to Malta worth $220M, with Transportation ($156M), Other business services ($21.8M), and Computer and information services ($19.9M) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $45.9M to Greece. The main products exported from Malta to Greece were Engine Parts ($10.4M), Packaged Medicaments ($6.46M), and Refined Petroleum ($5.95M). During the last 5 years the exports of Malta to Greece have increased at an annualized rate of 10.9%, from $27.3M in 2018 to $45.9M in 2023.

In 2018, Greece exported $180M to Malta. The main products exported from Greece to Malta were Refined Petroleum ($48.4M), Rolled Tobacco ($17.5M), and Packaged Medicaments ($15.3M). During the last 5 years the exports of Greece to Malta have decreased at an annualized rate of 8.51%, from $307M in 2023 to $180M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Greece (Flag)

Malta Exports

Greece Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Malta than Greece included Nigeria ($2.26B), Hong Kong ($308M), and Ghana ($100M).

In 2023, countries that imported more from Greece than Malta included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Malta - Greece

Flow
Scale

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

During 2023, Malta had a large net trade with Greece in the exports of Chemical Products ($12.1M), Machines ($11.6M), and Mineral Products ($7.6M).

During 2018, Greece had a large net trade with Malta in the exports of Mineral Products ($61.3M), Chemical Products ($26.5M), and Foodstuffs ($24.2M).

Bilateral Service Trade

In 2020, Malta exported services to Greece worth $1.14M, with Communications services ($1.14M) being the largest in terms of value.

In 2020, Greece exported services to Malta worth $220M, with Transportation ($156M), Other business services ($21.8M), and Computer and information services ($19.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Malta (Flag) to Greece (Flag) (N/A)

Services Exports from Greece (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 Greece. This means that a dot/product with the flag of Malta indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Malta.

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

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