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Pricing

2022
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Exports $255MRnk 49 / 210
2022
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Top Product $198MPlanes, Helicopters, and/or Spacecraft
2022
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Exports $15.3MRnk 48 / 173
2022
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Top Product $11.3MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
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GDP GROWTH87.8%CURRENT US$
Rnk 22 / 186
2022
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GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$33,941CURRENT US$
Rnk 31 / 186
2012-2022
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GDP PC GROWTH50.7%CURRENT US$
Rnk 34 / 186

About

Ireland-Malta In 2022, Ireland exported $255M to Malta. The main products that Ireland exported to Malta are Planes, Helicopters, and/or Spacecraft ($198M), Packaged Medicaments ($17.5M), and Industrial Fatty Acids, Oils and Alcohols ($5.1M). During the last 27 years the exports of Ireland to Malta have increased at an annualized rate of 8.21%, from $30.3M in 1995 to $255M in 2022.

In 2020, Ireland exported services to Malta worth $97.1M, with Other business services ($48M), Insurance services ($27.4M), and Financial services ($11.4M) being the largest in terms of value.

Malta-Ireland In 2022, Malta exported $15.3M to Ireland. The main products that Malta exported to Ireland were Packaged Medicaments ($11.3M), Aircraft Parts ($1.32M), and Sauces and Seasonings ($514k). During the last 27 years the exports of Malta to Ireland have increased at an annualized rate of 3.51%, from $6.01M in 1995 to $15.3M in 2022.

In 2020, Malta exported services to Ireland worth $10.3M, with Travel ($10.3M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28),  and 31 in total exports ($236B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Ireland exported €4.2M and imported €645k from Malta, resulting in a positive trade balance of €3.55M. Between January 2023 and January 2024 the exports of Ireland have increased by €4k (0.095%) from €4.19M to €4.2M, while imports decreased by €-873k (-57.5%) from €1.52M to €645k.

Trade In January 2024, the top exports of Ireland to Malta were Medicinal and pharmaceutical products (€950k), Other transport equipment (€758k), Essential oils, perfume materials, toilet preparations... (€462k), Meat and meat preparations (€456k), and Miscellaneous manufactured articles, n.e.s. (€226k). In January 2024 the top imports of Ireland from Malta were Medicinal and pharmaceutical products (€1.33M), Unclassified estimates (€81k), Electrical machinery, appliances etc., n.e.s. (€77k), Cereals and cereal preparations (€18k), and Miscellaneous manufactured articles, n.e.s. (€7k).

Growth In January 2024, the increase in Ireland's year-by-year exports to Malta was explained primarily by an increase in product exports in Meat and meat preparations (€218k or 91.6%), Chemical materials and products, n.e.s. (€216k or 5.4k%), and Office machines and automatic data processing... (€178k or 405%). In January 2024, the decrease in Ireland's year-by-year imports  from Malta was explained primarily by an decrease in product imports  in Miscellaneous manufactured articles, n.e.s. (€-92k or -92.9%), Miscellaneous edible products and preparations (€-64k or -100%), and Beverages (€-48k or -100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€4k(0.095%)
IMPORT GROWTH (January 2023 - January 2024)€-873k(-57.5%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $255M to Malta. The main products exported from Ireland to Malta were Planes, Helicopters, and/or Spacecraft ($198M), Packaged Medicaments ($17.5M), and Industrial Fatty Acids, Oils and Alcohols ($5.1M). During the last 27 years the exports of Ireland to Malta have increased at an annualized rate of 8.21%, from $30.3M in 1995 to $255M in 2022.

In 2022, Malta exported $15.3M to Ireland. The main products exported from Malta to Ireland were Packaged Medicaments ($11.3M), Aircraft Parts ($1.32M), and Sauces and Seasonings ($514k). During the last 27 years the exports of Malta to Ireland have increased at an annualized rate of 3.51%, from $6.01M in 1995 to $15.3M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Malta
Top DestinationGermany$576M

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

In 2021, countries that imported more from Ireland than Malta were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Malta than Ireland were Lebanon ($121M), Tunisia ($49.7M), and Sudan ($30.5M).

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

Comparative Advantage Ireland - Malta

Flow
Scale

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

During 2022, Ireland had a large net trade with Malta in the exports of Transportation ($200M), Chemical Products ($30.1M), and Animal Products ($11.2M).

During 2022, Malta had a large net trade with Ireland in the exports of Chemical Products ($11.4M), Transportation ($1.33M), and Foodstuffs ($1.31M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Malta worth $97.1M, with Other business services ($48M), Insurance services ($27.4M), and Financial services ($11.4M) being the largest in terms of value.

In 2020, Malta exported services to Ireland worth $10.3M, with Travel ($10.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Malta. Similarly, the more yellow a dot/product is, the more Malta has comparative advantage over Ireland.

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

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