Malta / Iceland

Malta-Iceland Trade: In 2022, Malta exported $5.52M to Iceland. The main products that Malta exported to Iceland were Packaged Medicaments ($2.69M), Other Floating Structures ($993k), and Surveying Equipment ($977k). Over the past 5 years the exports of Malta to Iceland have increased at an annualized rate of 20.2%, from $2.2M in 2017 to $5.52M in 2022.

In 2020, Malta exported services to Iceland worth $0, with being the largest in terms of value.

Iceland-Malta Trade: In 2022, Iceland exported $6.36M to Malta. The main products that Iceland exported to Malta were Refined Petroleum ($5.79M), Surveying Equipment ($287k), and Video Recording Equipment ($178k). Over the past 5 years the exports of Iceland to Malta have increased at an annualized rate of 41.3%,  from $1.13M in 2017 to $6.36M in 2022.

In 2019, Iceland exported services to Malta worth $214M, with Royalties and license fees ($208M), Other business services ($3.36M), and Travel ($1.23M) being the largest in terms of value.

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.