2023
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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
$22.3BCURRENT US$
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2013-2023
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GDP GROWTH
107%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$
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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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About

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.

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.

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $26.2k in 2023.

In 2018, 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 2023 to $2.26B in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Malta (Flag)

Nigeria Exports

Date

Malta Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Nigeria - Malta

Flow
Scale

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

During 2023, Nigeria had a large net trade with Malta in the exports of Textiles ($7.69k), Foodstuffs ($4.89k), and Chemical Products ($3.7k).

During 2018, Malta had a large net trade with Nigeria in the exports of Mineral Products ($2.24B), Paper Goods ($11.9M), and Foodstuffs ($8.25M).

Bilateral Service Trade

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

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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