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
Flag
 GDP
$364BCURRENT US$
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2013-2023
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GDP GROWTH
-30%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
$1,597CURRENT US$
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2013-2023
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GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Malta-Nigeria Trade: In 2023, Malta exported $2.26B to Nigeria. The main products that Malta exported to Nigeria were Refined Petroleum ($2.24B), Other Printed Material ($11.6M), and Other Edible Preparations ($8.11M). Over the past 5 years the exports of Malta to Nigeria have increased at an annualized rate of 183%, from $12.4M in 2018 to $2.26B in 2023.

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

Nigeria-Malta Trade: In 2023, Nigeria exported $26.2k to Malta. The main products that Nigeria exported to Malta were Hard Liquor ($4.1k), Knit Women's Suits ($2.99k), and Fake Hair ($2.66k). Over the past 5 years the exports of Nigeria to Malta have decreased at an annualized rate of 75.2%,  from $27.7M in 2018 to $26.2k in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $2.26B to Nigeria. The main products exported from Malta to Nigeria were Refined Petroleum ($2.24B), Other Printed Material ($11.6M), and Other Edible Preparations ($8.11M). During the last 5 years the exports of Malta to Nigeria have increased at an annualized rate of 183%, from $12.4M in 2018 to $2.26B in 2023.

In 2018, Nigeria exported $26.2k to Malta. The main products exported from Nigeria to Malta were Hard Liquor ($4.1k), Knit Women's Suits ($2.99k), and Fake Hair ($2.66k). During the last 5 years the exports of Nigeria to Malta have decreased at an annualized rate of 75.2%, from $27.7M in 2023 to $26.2k in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Nigeria (Flag)

Malta Exports

Nigeria Exports

Date

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Malta than Nigeria included Hong Kong ($308M), Tunisia ($255M), and Singapore ($372M).

In 2023, countries that imported more from Nigeria than Malta included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Malta - Nigeria

Flow
Scale

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

During 2023, Malta had a large net trade with Nigeria in the exports of N/A.

During 2018, Nigeria had a large net trade with Malta in the exports of Textiles ($7.69k), Foodstuffs ($4.89k), and Chemical Products ($3.7k).

Economic Complexity

Competitive Landscape

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

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

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