2022
Flag  
GDP
$17.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
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2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
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2022
Flag
GDP PC 
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
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About

Malta-Armenia Trade: In 2022, Malta exported $269k to Armenia. The main products that Malta exported to Armenia were Packaged Medicaments ($211k), Antibiotics ($12.9k), and Other Rubber Products ($9.09k). Over the past 5 years the exports of Malta to Armenia have decreased at an annualized rate of 7.96%, from $407k in 2017 to $269k in 2022.

In 2022, Malta did not export any services to Armenia.

Armenia-Malta Trade: In 2022, Armenia exported $56.1k to Malta. The main products that Armenia exported to Malta were Thermostats ($36.7k), Aluminium Foil ($6.82k), and Wine ($5.55k). Over the past 5 years the exports of Armenia to Malta have increased at an annualized rate of 6.13%,  from $18.1k in 2017 to $56.1k in 2022.

In 2022, Armenia did not export any services to Malta.

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malta exported $269k to Armenia. The main products exported from Malta to Armenia were Packaged Medicaments ($211k), Antibiotics ($12.9k), and Other Rubber Products ($9.09k). During the last 5 years the exports of Malta to Armenia have decreased at an annualized rate of 7.96%, from $407k in 2017 to $269k in 2022.

In 2017, Armenia exported $56.1k to Malta. The main products exported from Armenia to Malta were Thermostats ($36.7k), Aluminium Foil ($6.82k), and Wine ($5.55k). During the last 5 years the exports of Armenia to Malta have increased at an annualized rate of 6.13%, from $18.1k in 2022 to $56.1k in 2017.

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

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

Latest Data

Trade between Malta (Flag) and Armenia (Flag)

Malta Exports

Armenia Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Malta than Armenia included Germany ($576M), France ($302M), and Italy ($316M).

In 2022, countries that imported more from Armenia than Malta included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Malta - Armenia

Flow
Scale

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

During 2022, Malta had a large net trade with Armenia in the exports of Chemical Products ($224k), Machines ($18.8k), and Plastics and Rubbers ($15.9k).

During 2017, Armenia had a large net trade with Malta in the exports of Instruments ($36.7k), Metals ($7.25k), and Foodstuffs ($5.55k).

Economic Complexity

Competitive Landscape

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

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

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