Philippines (PHL) and Malta (MLT) Trade | The Observatory of Economic Complexity

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Philippines (PHL) and Malta (MLT) Trade

2022

→

Exports $45.8MRnk 56 / 205

2022

→

Exports $13.1MRnk 53 / 173

2022

→

Top Product $7.97MDocuments of title (bonds etc) and unused stamps

2022

Economic Complexity (ECI) ECI 0.71Rnk 37 / 133

2022

GDP$404BCURRENT US$
Rnk 38 / 186

2012-2022

GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186

2022

GDP$17.8BCURRENT US$
Rnk 123 / 186

2012-2022

GDP GROWTH87.8%CURRENT US$
Rnk 22 / 186

2022

GDP PC $3,499CURRENT US$
Rnk 129 / 186

2012-2022

GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

2022

GDP PC$33,941CURRENT US$
Rnk 31 / 186

2012-2022

GDP PC GROWTH50.7%CURRENT US$
Rnk 34 / 186

Image 1

Image by travel oriented
Link: https://flic.kr/p/qa9EHi

Image 2

Image by Tony Hisgett
Link: https://flic.kr/p/bxWQkM

Latest Trends
Historical Data
Bilateral Service Trade
Economic Complexity

About

Philippines-Malta Trade: In 2022, Philippines exported $45.8M to Malta. The main products that Philippines exported to Malta were N/A. Over the past 5 years the exports of Philippines to Malta have decreased at an annualized rate of 41.9%, from $689M in 2017 to $45.8M in 2022.

In 2022, Philippines did not export any services to Malta.

Malta-Philippines Trade: In 2022, Malta exported $13.1M to Philippines. The main products that Malta exported to Philippines were Documents of title (bonds etc) and unused stamps ($7.97M), Integrated Circuits ($2.38M), and Machinery Having Individual Functions ($1.13M). Over the past 5 years the exports of Malta to Philippines have decreased at an annualized rate of 3.85%, from $15.9M in 2017 to $13.1M in 2022.

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

Comparison In 2022, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $1.99M and imported $37.7k from Malta, resulting in a positive trade balance of $1.95M. Between August 2023 and August 2024 the exports of Philippines have decreased by $-151k (-7.05%) from $2.14M to $1.99M, while imports increased by $1.33k (3.65%) from $36.4k to $37.7k.

Trade In August 2024, the top exports of Philippines to Malta were Commodities not elsewhere specified ($1.87M), Integrated Circuits ($317k), Low-voltage Protection Equipment ($152k), Processed Fish ($83.1k), and Self-adhesive Plastics ($82.1k). In August 2024 the top imports of Philippines from Malta were Integrated Circuits ($329k), Machines and apparatus of a kind... ($147k), Commodities not elsewhere specified ($55.1k), Other Rubber Products ($1.28k), and Other Iron Products ($1.15k).

Growth In August 2024, the decrease in Philippines's year-by-year exports to Malta was explained primarily by an decrease in product exports in Commodities not elsewhere specified ($-1.19M or -39%) and Gaskets ($-65.7k or -53.2%). In August 2024, the increase in Philippines's year-by-year imports from Malta was explained primarily by an increase in product imports in Integrated Circuits ($281k or 577%), Commodities not elsewhere specified ($41.3k or 299%), and Gaskets ($934 or 2.17k%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$-151k(-7.05%)

IMPORT GROWTH (August 2023 - August 2024)$1.33k(3.65%)

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

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

For full datasets download visit Bulk Download page.

Explore Malta and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Philippines exported $45.8M to Malta. There were not main exports from Philippines to Malta in 2022. During the last 5 years the exports of Philippines to Malta have decreased at an annualized rate of 41.9%, from $689M in 2017 to $45.8M in 2022.

In 2017, Malta exported $13.1M to Philippines. The main products exported from Malta to Philippines were Documents of title (bonds etc) and unused stamps ($7.97M), Integrated Circuits ($2.38M), and Machinery Having Individual Functions ($1.13M). During the last 5 years the exports of Malta to Philippines have decreased at an annualized rate of 3.85%, from $15.9M in 2022 to $13.1M in 2017.

Exports from Philippines () to Malta () (2022)

Exports from Malta () to Philippines () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Philippines
Top DestinationUnited States$15.5B

Malta
Top DestinationGermany$576M

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

In 2022, countries that imported more from Philippines than Malta included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Malta than Philippines included Lebanon ($121M), Cyprus ($82.5M), and Greece ($89.2M).

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

Comparative Advantage Philippines - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Philippines had a large net trade with Malta in the exports of N/A.

During 2017, Malta had a large net trade with Philippines in the exports of Paper Goods ($7.98M), Machines ($4.76M), and Instruments ($93.6k).

Bilateral Service Trade

Mlt Year

2020

2017

2008

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

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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

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