2023
Exports
$750MWorld Rnk 42 / 225
Flag Rnk 3 / 96
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$433MWorld Rnk 97 / 226
Flag Rnk 7 / 96

About

Exports In 2023, Malta exported $750M in Pharmaceutical products, making it the 42nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 3rd most exported product in Malta. The main destination of Pharmaceutical products exports from Malta are: Germany ($141M), United Kingdom ($68.8M), Italy ($50M), Sweden ($42.7M), and Portugal ($37.7M).

The fastest growing export markets for Pharmaceutical products of Malta between 2022 and 2023 were Germany ($95.5M), Sweden ($34.8M), and Portugal ($12.8M).

Imports In 2023, Malta imported $433M in Pharmaceutical products, becoming the 97th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 7th most imported product in Malta. Malta imports Pharmaceutical products primarily from: India ($194M), Germany ($37M), United Kingdom ($21.5M), Ireland ($21.4M), and Italy ($21.2M).

The fastest growing import markets in Pharmaceutical products for Malta between 2022 and 2023 were India ($50.9M), Germany ($8.24M), and Italy ($4.35M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$750M
IMPORTS (2023)$433M
NET TRADE (2023)$318M

In 2023, Malta exported $750M in Pharmaceutical products. The main destinations of Malta exports on Pharmaceutical products were Germany ($141M), United Kingdom ($68.8M), Italy ($50M), Sweden ($42.7M), and Portugal ($37.7M).

In 2023, Malta imported $433M in Pharmaceutical products, mainly from India ($194M), Germany ($37M), United Kingdom ($21.5M), Ireland ($21.4M), and Italy ($21.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Malta WERE (2022 - 2023):
Germany$95.5M (210%)
Sweden$34.8M (438%)
Portugal$12.8M (51.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Malta WERE (2022 - 2023):
Italy-$26.3M (-34.5%)
Ireland-$9.22M (-55.7%)
Romania-$6.42M (-24.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Malta's main exporting competitors in Pharmaceutical products were:
In 2023, Malta's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Pharmaceutical products’s highest export potential is N/A. With an export gap of N/A.   Pharmaceutical products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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