2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

United Kingdom-Malta Trade: In 2023, United Kingdom exported $445M to Malta. The main products that United Kingdom exported to Malta were Recreational Boats ($64.9M), Planes, Helicopters, and/or Spacecraft ($31M), and Cars ($30.5M). Over the past 5 years the exports of United Kingdom to Malta have decreased at an annualized rate of 6.51%, from $623M in 2018 to $445M in 2023.

In 2019, United Kingdom exported services to Malta worth $504M, with Other business services ($246M), Travel ($105M), and Transportation ($98.3M) being the largest in terms of value.

Malta-United Kingdom Trade: In 2023, Malta exported $152M to United Kingdom. The main products that Malta exported to United Kingdom were Packaged Medicaments ($68.8M), Documents of title (bonds etc) and unused stamps ($9.66M), and Sauces and Seasonings ($8.09M). Over the past 5 years the exports of Malta to United Kingdom have decreased at an annualized rate of 0.34%,  from $154M in 2018 to $152M in 2023.

In 2020, Malta exported services to United Kingdom worth $755M, with Royalties and license fees ($331M), Financial services ($283M), and Travel ($86.8M) being the largest in terms of value.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $445M to Malta. The main products exported from United Kingdom to Malta were Recreational Boats ($64.9M), Planes, Helicopters, and/or Spacecraft ($31M), and Cars ($30.5M). During the last 5 years the exports of United Kingdom to Malta have decreased at an annualized rate of 6.51%, from $623M in 2018 to $445M in 2023.

In 2018, Malta exported $152M to United Kingdom. The main products exported from Malta to United Kingdom were Packaged Medicaments ($68.8M), Documents of title (bonds etc) and unused stamps ($9.66M), and Sauces and Seasonings ($8.09M). During the last 5 years the exports of Malta to United Kingdom have decreased at an annualized rate of 0.34%, from $154M in 2023 to $152M in 2018.

Exports from United Kingdom (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from United Kingdom than Malta included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Malta than United Kingdom included Nigeria ($2.26B), Burundi ($10.6M), and Kiribati ($272k).

Difference in imports from Malta (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Malta

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Malta in the exports of Transportation ($158M), Foodstuffs ($63.3M), and Machines ($60.1M).

During 2018, Malta had a large net trade with United Kingdom in the exports of Chemical Products ($70.2M), Machines ($29.4M), and Foodstuffs ($15.2M).

Bilateral Service Trade

In 2019, United Kingdom exported services to Malta worth $504M, with Other business services ($246M), Travel ($105M), and Transportation ($98.3M) being the largest in terms of value.

In 2020, Malta exported services to United Kingdom worth $755M, with Royalties and license fees ($331M), Financial services ($283M), and Travel ($86.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Malta (Flag) (2019)

Services Exports from Malta (Flag) to United Kingdom (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Malta (Flag) (2023)

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