In 2021, Malta exported a total of $5.04B, making it the number 119 exporter in the world. During the last five reported years the exports of Malta have changed by -$361M from $5.4B in 2016 to $5.04B in 2021.
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).
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.