2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Norway-Malta Trade: In 2023, Norway exported $15.9M to Malta. The main products that Norway exported to Malta were Iron Structures ($2.99M), Non-fillet Frozen Fish ($1.71M), and Pulley Systems ($1.65M). Over the past 5 years the exports of Norway to Malta have decreased at an annualized rate of 26%, from $71.9M in 2018 to $15.9M in 2023.

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 Trade: In 2023, Malta exported $73.7M to Norway. The main products that Malta exported to Norway were Passenger and Cargo Ships ($58.6M), Packaged Medicaments ($4.47M), and Documents of title (bonds etc) and unused stamps ($1.8M). Over the past 5 years the exports of Malta to Norway have increased at an annualized rate of 44.4%,  from $11.7M in 2018 to $73.7M in 2023.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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, Norway exported $15.9M to Malta. The main products exported from Norway to Malta were Iron Structures ($2.99M), Non-fillet Frozen Fish ($1.71M), and Pulley Systems ($1.65M). During the last 5 years the exports of Norway to Malta have decreased at an annualized rate of 26%, from $71.9M in 2018 to $15.9M in 2023.

In 2018, Malta exported $73.7M to Norway. The main products exported from Malta to Norway were Passenger and Cargo Ships ($58.6M), Packaged Medicaments ($4.47M), and Documents of title (bonds etc) and unused stamps ($1.8M). During the last 5 years the exports of Malta to Norway have increased at an annualized rate of 44.4%, from $11.7M in 2023 to $73.7M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Malta
Top Destination
Nigeria$2.26B

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 2023, countries that imported more from Norway than Malta included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Malta than Norway included Nigeria ($2.26B), Tunisia ($255M), and Oman ($95.7M).

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

Comparative Advantage Norway - Malta

Flow
Scale

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

During 2023, Norway had a large net trade with Malta in the exports of Machines ($6.47M), Metals ($4.05M), and Animal Products ($1.86M).

During 2018, Malta had a large net trade with Norway in the exports of Transportation ($58.8M), Chemical Products ($4.61M), and Machines ($4.07M).

Bilateral Service Trade

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 (Flag) to Malta (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with