2023
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GDP
$296BCURRENT US$
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2013-2023
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GDP GROWTH
9.35%CURRENT US$
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2023
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 GDP
$22.3BCURRENT US$
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107%CURRENT US$
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$52,926CURRENT US$
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GDP PC GROWTH
6.51%CURRENT US$
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2023
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GDP PC
$40,396CURRENT US$
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GDP PC GROWTH
59.4%CURRENT US$
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About

Finland-Malta Trade: In 2023, Finland exported $20.4M to Malta. The main products that Finland exported to Malta were Iron Fasteners ($7.37M), Copper Plating ($5.42M), and Recreational Boats ($2.49M). Over the past 5 years the exports of Finland to Malta have increased at an annualized rate of 12.7%, from $11.2M in 2018 to $20.4M in 2023.

In 2020, Finland exported services to Malta worth $45.7M, with Insurance services ($20.6M), Other business services ($14.8M), and Communications services ($3.43M) being the largest in terms of value.

Malta-Finland Trade: In 2023, Malta exported $11.7M to Finland. The main products that Malta exported to Finland were Packaged Medicaments ($5.15M), Light Rubberized Knitted Fabric ($1.97M), and Navigation Equipment ($930k). Over the past 5 years the exports of Malta to Finland have increased at an annualized rate of 2.52%,  from $10.3M in 2018 to $11.7M in 2023.

In 2020, Malta exported services to Finland worth $2.28M, with Travel ($1.14M) and Computer and information services ($1.14M) being the largest in terms of value.

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $20.4M to Malta. The main products exported from Finland to Malta were Iron Fasteners ($7.37M), Copper Plating ($5.42M), and Recreational Boats ($2.49M). During the last 5 years the exports of Finland to Malta have increased at an annualized rate of 12.7%, from $11.2M in 2018 to $20.4M in 2023.

In 2018, Malta exported $11.7M to Finland. The main products exported from Malta to Finland were Packaged Medicaments ($5.15M), Light Rubberized Knitted Fabric ($1.97M), and Navigation Equipment ($930k). During the last 5 years the exports of Malta to Finland have increased at an annualized rate of 2.52%, from $10.3M in 2023 to $11.7M in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Malta (Flag)

Finland Exports

Malta Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from Finland than Malta included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Malta than Finland included Nigeria ($2.26B), Tunisia ($255M), and Hong Kong ($308M).

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

Comparative Advantage Finland - Malta

Flow
Scale

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

During 2023, Finland had a large net trade with Malta in the exports of Metals ($12.9M), Transportation ($2.67M), and Machines ($2.38M).

During 2018, Malta had a large net trade with Finland in the exports of Chemical Products ($5.47M), Machines ($3.31M), and Textiles ($1.98M).

Bilateral Service Trade

In 2020, Finland exported services to Malta worth $45.7M, with Insurance services ($20.6M), Other business services ($14.8M), and Communications services ($3.43M) being the largest in terms of value.

In 2020, Malta exported services to Finland worth $2.28M, with Travel ($1.14M) and Computer and information services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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