Cyprus (CYP) and Malta (MLT) Trade | The Observatory of Economic Complexity

About

Cyprus-Malta Trade: In 2022, Cyprus exported $31.4M to Malta. The main products that Cyprus exported to Malta were Recreational Boats ($17M), Packaged Medicaments ($3.71M), and Bitumen and asphalt ($2.06M). Over the past 5 years the exports of Cyprus to Malta have decreased at an annualized rate of 7.19%, from $45.6M in 2017 to $31.4M in 2022.

In 2020, Cyprus exported services to Malta worth $107M, with Transportation ($103M), Financial services ($3.43M), and Other business services ($1.14M) being the largest in terms of value.

Malta-Cyprus In N/A, Malta did not export any products to Cyprus.

In 2020, Malta exported services to Cyprus worth $0, with being the largest in terms of value.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B). That same year, Malta ranked 127 in total exports ($4.87B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $31.4M to Malta. The main products exported from Cyprus to Malta were Recreational Boats ($17M), Packaged Medicaments ($3.71M), and Bitumen and asphalt ($2.06M). During the last 5 years the exports of Cyprus to Malta have decreased at an annualized rate of 7.19%, from $45.6M in 2017 to $31.4M in 2022.

Malta does not register exports to Cyprus. The main products exported from Malta to Cyprus were Passenger and Cargo Ships ($44.5M), Other Sea Vessels ($32.1M), and Air Conditioners ($1.52M).

Exports from Cyprus () to Malta () (2022)

Exports from Malta () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Malta ()

Cyprus Exports

Date

Malta Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Malta
Top DestinationGermany$576M

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

In 2022, countries that imported more from Cyprus than Malta included Greece ($471M), Hong Kong ($482M), and Liberia ($255M).

In 2022, countries that imported more from Malta than Cyprus included Germany ($576M), Japan ($249M), and Italy ($316M).

Difference in imports from Malta () and Cyprus () (2022)

Comparative Advantage Cyprus - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Malta in the exports of Transportation ($17M), Chemical Products ($4.28M), and Foodstuffs ($2.74M).

Bilateral Service Trade

Mlt Year

Cyp Year

In 2020, Cyprus exported services to Malta worth $107M, with Transportation ($103M), Financial services ($3.43M), and Other business services ($1.14M) being the largest in terms of value.

In 2020, Malta exported services to Cyprus worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Malta () (2020)

Services Exports from Malta () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Malta () (2022)

Exports from Malta () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Malta ()

Cyprus Exports

Malta Exports

Market Competitiveness

Difference in imports from Malta () and Cyprus () (2022)

Comparative Advantage Cyprus - Malta

Bilateral Service Trade

Services Exports from Cyprus () to Malta () (2020)

Services Exports from Malta () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Malta () (2022)

Keep Exploring