Overview In 2020 Malta was the number 120 economy in the world in terms of total exports and the number 86 in total imports.

Exports The top exports of Malta are Integrated Circuits ($679M), Packaged Medicaments ($500M), Refined Petroleum ($378M), Documents of title (bonds etc) and unused stamps ($267M), and Other toys ($186M), exporting mostly to N/A.

Imports The top imports of Malta are Refined Petroleum ($3.46B), Passenger and Cargo Ships ($2.52B), Planes, Helicopters, and/or Spacecraft ($754M), Recreational Boats ($484M), and Integrated Circuits ($324M), importing mostly from South Korea ($2.02B), Russia ($2.02B), Italy ($1.39B), China ($1.19B), and United Kingdom ($572M).

Location Malta borders Italy and Libya by sea.

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The following section uses the most recent trade data from partners of Malta.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Integrated Circuits, $679M

Top Destination (2020): undefined, $2.02B

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Malta Exports Services (2020): $6.53B

Malta Imports Services (2020): $9.04B

In 2020, Malta exported $6.53B worth of services. The top services exported by Malta in 2020 were Financial services ($3.79B), Other royalties and license fees ($837M), Miscellaneous business, professional, and technical services ($788M), Air transport ($613M), and Travel ($417M).

The top services imported by Malta in 2020 were Miscellaneous business, professional, and technical services ($3.59B), Financial services ($3.08B), Other royalties and license fees ($1.29B), Sea transport ($294M), and Air transport ($248M).

Economic Complexity

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Most Specialized Products by RCA Index

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Malta has a high level of specialization in Documents of title (bonds etc) and unused stamps (281), Other Sea Vessels (74.5), Scrap Vessels (54.5), Preserved Vegetables (42.4), and Other Floating Structures (29.8). Specialization is measured using RCA, an index that takes the ratio between Malta observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Malta according to the product complexity index (PCI) are Machinery Having Individual Functions (1.95), Nucleic Acids (1.57), Other Measuring Instruments (1.54), Nitrogen Heterocyclic Compounds (1.46), and Integrated Circuits (1.41). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Malta according to the relatedness index, are Scrap Aluminium (0.13), Hard Liquor (0.13), Base Metal Watches (0.13), Surveying Equipment (0.13), and Collector's Items (0.12). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Malta is not specialized in.

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.

Relatedness Space

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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.

Diversification Frontier

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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.