2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
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2022
Flag
 GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
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About

Armenia-Malta Trade: In 2022, Armenia exported $56.1k to Malta. The main products that Armenia exported to Malta were Thermostats ($36.7k), Aluminium Foil ($6.82k), and Wine ($5.55k). Over the past 5 years the exports of Armenia to Malta have increased at an annualized rate of 25.4%, from $18.1k in 2017 to $56.1k in 2022.

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

Malta-Armenia Trade: In 2022, Malta exported $269k to Armenia. The main products that Malta exported to Armenia were Packaged Medicaments ($211k), Antibiotics ($12.9k), and Other Rubber Products ($9.09k). Over the past 5 years the exports of Malta to Armenia have decreased at an annualized rate of 7.96%,  from $407k in 2017 to $269k in 2022.

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $56.1k to Malta. The main products exported from Armenia to Malta were Thermostats ($36.7k), Aluminium Foil ($6.82k), and Wine ($5.55k). During the last 5 years the exports of Armenia to Malta have increased at an annualized rate of 25.4%, from $18.1k in 2017 to $56.1k in 2022.

In 2017, Malta exported $269k to Armenia. The main products exported from Malta to Armenia were Packaged Medicaments ($211k), Antibiotics ($12.9k), and Other Rubber Products ($9.09k). During the last 5 years the exports of Malta to Armenia have decreased at an annualized rate of 7.96%, from $407k in 2022 to $269k in 2017.

Exports from Armenia (Flag) to Malta (Flag) (2022)

Exports from Malta (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Malta (Flag)

Armenia Exports

Malta Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Malta
Top Destination
Germany$576M

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

In 2022, countries that imported more from Armenia than Malta included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2022, countries that imported more from Malta than Armenia included Germany ($576M), France ($302M), and Italy ($316M).

Difference in imports from Malta (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Malta

Flow
Scale

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

During 2022, Armenia had a large net trade with Malta in the exports of Instruments ($36.7k), Metals ($7.25k), and Foodstuffs ($5.55k).

During 2017, Malta had a large net trade with Armenia in the exports of Chemical Products ($224k), Machines ($18.8k), and Plastics and Rubbers ($15.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Malta (Flag) (2022)

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