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2023
Flag → Flag
Exports $173MRnk 87 / 220
2023
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Top Product $42.4MRecreational Boats
2023
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Exports $44.7MRnk 36 / 173
2023
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Top Product $17.8MPackaged Medicaments
2023
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
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GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
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GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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 GDP$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
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GDP GROWTH107%CURRENT US$
Rnk 11 / 195
2023
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GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$40,396CURRENT US$
Rnk 31 / 196
2013-2023
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GDP PC GROWTH59.4%CURRENT US$
Rnk 32 / 195

About

Belgium-Malta Trade: In 2023, Belgium exported $173M to Malta. The main products that Belgium exported to Malta were Recreational Boats ($42.4M), Packaged Medicaments ($17.7M), and Cars ($10.8M). Over the past 5 years the exports of Belgium to Malta have decreased at an annualized rate of 1.56%, from $187M in 2018 to $173M in 2023.

In 2020, Belgium exported services to Malta worth $123M, with Transportation ($50.3M), Computer and information services ($35.4M), and Other business services ($17.1M) being the largest in terms of value.

Malta-Belgium Trade: In 2023, Malta exported $44.7M to Belgium. The main products that Malta exported to Belgium were Packaged Medicaments ($17.8M), Valves ($2.82M), and Gold ($2.4M). Over the past 5 years the exports of Malta to Belgium have decreased at an annualized rate of 4.87%,  from $57.3M in 2018 to $44.7M in 2023.

In 2020, Malta exported services to Belgium worth $1.14M, with Insurance services ($1.14M) being the largest in terms of value.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €9.26M and imported €7.18M from Malta, resulting in a positive trade balance of €2.09M. Between October 2023 and October 2024 the exports of Belgium have increased by €1.13M (13.9%) from €8.14M to €9.26M, while imports increased by €948k (15.2%) from €6.23M to €7.18M.

Trade In October 2024, the top exports of Belgium to Malta were Mineral fuels, mineral oils and products... (€7.19M), Pharmaceutical products (€1.88M), Cars, tractors, trucks & parts thereof. (€495k), Electrical machinery and electronics (€439k), and Edible vegetables, roots, & tubers (€369k). In October 2024 the top imports of Belgium from Malta were Precious stones, metals, & pearls (€740k), Pharmaceutical products (€736k), Electrical machinery and electronics (€277k), Plastics & articles thereof (€173k), and Inorganic chemicals (€127k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Malta was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... (€7.11M or 8.13k%), Pharmaceutical products (€407k or 27.6%), and Edible vegetables, roots, & tubers (€197k or 114%). In October 2024, the increase in Belgium's year-by-year imports  from Malta was explained primarily by an increase in product imports  in Precious stones, metals, & pearls (€712k or 2.52k%), Electrical machinery and electronics (€228k or 466%), and Machinery, mechanical appliances, & parts (€21.1k or 211k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€1.13M(13.9%)
IMPORT GROWTH (October 2023 - October 2024)€948k(15.2%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Malta and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malta and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $173M to Malta. The main products exported from Belgium to Malta were Recreational Boats ($42.4M), Packaged Medicaments ($17.7M), and Cars ($10.8M). During the last 5 years the exports of Belgium to Malta have decreased at an annualized rate of 1.56%, from $187M in 2018 to $173M in 2023.

In 2018, Malta exported $44.7M to Belgium. The main products exported from Malta to Belgium were Packaged Medicaments ($17.8M), Valves ($2.82M), and Gold ($2.4M). During the last 5 years the exports of Malta to Belgium have decreased at an annualized rate of 4.87%, from $57.3M in 2023 to $44.7M in 2018.

Exports from Belgium (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Malta
Top DestinationNigeria$2.26B

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

In 2023, countries that imported more from Belgium than Malta included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Malta than Belgium included South Sudan ($5.39M).

Difference in imports from Malta (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Malta

Flow
Scale

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

During 2023, Belgium had a large net trade with Malta in the exports of Transportation ($59.8M), Chemical Products ($29.1M), and Foodstuffs ($18.9M).

During 2018, Malta had a large net trade with Belgium in the exports of Chemical Products ($20.4M), Plastics and Rubbers ($5.83M), and Machines ($4.79M).

Bilateral Service Trade

In 2020, Belgium exported services to Malta worth $123M, with Transportation ($50.3M), Computer and information services ($35.4M), and Other business services ($17.1M) being the largest in terms of value.

In 2020, Malta exported services to Belgium worth $1.14M, with Insurance services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belgium (Flag) to Malta (Flag) (2020)

Services Exports from Malta (Flag) to Belgium (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Malta (Flag) (2023)

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