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

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $11.7M in 2023.

In 2018, 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 2023 to $20.4M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Finland (Flag)

Malta Exports

Finland Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Malta - Finland

Flow
Scale

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

During 2023, Malta had a large net trade with Finland in the exports of Chemical Products ($5.47M), Machines ($3.31M), and Textiles ($1.98M).

During 2018, Finland had a large net trade with Malta in the exports of Metals ($12.9M), Transportation ($2.67M), and Machines ($2.38M).

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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