In 2020, Malta exported a total of $4.16B, making it the number 120 exporter in the world. During the last five reported years the exports of Malta have changed by -$601M from $4.77B in 2015 to $4.16B in 2020.
In 2019, Malta exported $8.25B worth of services. The top services exported by Malta in 2019 were Financial services ($3.57B), Travel ($1.9B), Air transport ($1.01B), Miscellaneous business, professional, and technical services ($804M), and Other royalties and license fees ($733M).
The top services imported by Malta in 2019 were Financial services ($2.89B), Other royalties and license fees ($1.13B), Travel ($531M), Air transport ($375M), and Sea transport ($365M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Malta. These are products that tend to be co-exported with the products that Malta exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.