Norway (NOR) and Malta (MLT) Trade | The Observatory of Economic Complexity

About

Norway-Malta In 2022, Norway exported $9.31M to Malta. The main products that Norway exported to Malta are Other Sea Vessels ($1.53M), Special Purpose Ships ($1.49M), and Compasses ($1.09M). During the last 27 years the exports of Norway to Malta have decreased at an annualized rate of 6%, from $49.4M in 1995 to $9.31M in 2022.

In 2009, Norway exported services to Malta worth $16.1M, with Travel ($8.15M), Transportation ($7.83M), and Insurance services ($160k) being the largest in terms of value.

Malta-Norway In 2022, Malta exported $11M to Norway. The main products that Malta exported to Norway were Packaged Medicaments ($1.64M), Documents of title (bonds etc) and unused stamps ($1.1M), and Other Printed Material ($1.08M). During the last 27 years the exports of Malta to Norway have decreased at an annualized rate of 2.18%, from $19.9M in 1995 to $11M in 2022.

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

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK9.7M and imported NOK12.1M from Malta, resulting in a negative trade balance of NOK2.38M. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-2.3M (-19.1%) from NOK12M to NOK9.7M, while imports decreased by NOK-4.32M (-26.3%) from NOK16.4M to NOK12.1M.

Trade In February 2024, the top exports of Norway to Malta were Road vehicles (including air-cushion vehicles) (NOK3.05M), Professional, scientific and controlling instruments and... (NOK2.46M), Power-generating machinery and equipment (NOK370k), General industrial machinery and equipment, n.e.s.,... (NOK353k), and Fish (not marine mammals), crustaceans, molluscs... (NOK271k). In February 2024 the top imports of Norway from Malta were Miscellaneous manufactured articles, n.e.s. (NOK1.6M), Professional, scientific and controlling instruments and... (NOK1.44M), Medicinal and pharmaceutical products (NOK1.37M), Telecommunications and sound-recording and reproducing apparatus... (NOK1.25M), and General industrial machinery and equipment, n.e.s.,... (NOK1.02M).

Growth In February 2024, the decrease in Norway's year-by-year exports to Malta was explained primarily by an decrease in product exports in Cereals and cereal preparations (NOK-264k or -100%), Telecommunications and sound-recording and reproducing apparatus... (NOK-186k or -56.9%), and Manufactures of metals, n.e.s. (NOK-124k or -71.7%). In February 2024, the decrease in Norway's year-by-year imports from Malta was explained primarily by an decrease in product imports in Medicinal and pharmaceutical products (NOK-3.31M or -70.8%), Machinery specialized for particular industries (NOK-587k or -64.5%), and Power-generating machinery and equipment (NOK-521k or -70.6%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-2.3M(-19.1%)

IMPORT GROWTH (February 2023 - February 2024)NOK-4.32M(-26.3%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Malta and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $9.31M to Malta. The main products exported from Norway to Malta were Other Sea Vessels ($1.53M), Special Purpose Ships ($1.49M), and Compasses ($1.09M). During the last 27 years the exports of Norway to Malta have decreased at an annualized rate of 6%, from $49.4M in 1995 to $9.31M in 2022.

In 2022, Malta exported $11M to Norway. The main products exported from Malta to Norway were Packaged Medicaments ($1.64M), Documents of title (bonds etc) and unused stamps ($1.1M), and Other Printed Material ($1.08M). During the last 27 years the exports of Malta to Norway have decreased at an annualized rate of 2.18%, from $19.9M in 1995 to $11M in 2022.

Exports from Norway () to Malta () (2022)

Exports from Malta () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Malta
Top DestinationGermany$576M

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

In 2021, countries that imported more from Norway than Malta were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Malta than Norway were Lebanon ($121M), Libya ($37M), and Cyprus ($82.5M).

Difference in imports from Malta () and Norway () (2022)

Comparative Advantage Norway - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Malta in the exports of Transportation ($4.46M), Machines ($1.67M), and Instruments ($1.47M).

During 2022, Malta had a large net trade with Norway in the exports of Machines ($2.82M), Paper Goods ($2.22M), and Plastics and Rubbers ($2.04M).

Service Trade

Bilateral Service Trade

Mlt Year

Nor Year

In 2009, Norway exported services to Malta worth $16.1M, with Travel ($8.15M), Transportation ($7.83M), and Insurance services ($160k) being the largest in terms of value.

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

Service trade data is presented based on availability.

Services Exports from Norway () to Malta () (2009)

Services Exports from Malta () to Norway () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Norway () to Malta () (2022)

Exports from Malta () to Norway () (2022)

Market Competitiveness

Difference in imports from Malta () and Norway () (2022)

Comparative Advantage Norway - Malta

Service Trade

Bilateral Service Trade

Services Exports from Norway () to Malta () (2009)

Services Exports from Malta () to Norway () (2020)

Economic Complexity

Competitive Landscape

Product Space of Norway () and Malta () (2022)

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