2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
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GDP GROWTH
107%CURRENT US$
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2023
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 GDP
$1.79TCURRENT US$
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2013-2023
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GDP GROWTH
34.8%CURRENT US$
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2023
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GDP PC 
$40,396CURRENT US$
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2013-2023
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GDP PC GROWTH
59.4%CURRENT US$
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2023
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GDP PC
$13,790CURRENT US$
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2013-2023
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GDP PC GROWTH
22.9%CURRENT US$
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About

Malta-Mexico Trade: In 2023, Malta exported $52M to Mexico. The main products that Malta exported to Mexico were Integrated Circuits ($43.7M), Low-voltage Protection Equipment ($3.73M), and Medical Instruments ($1.03M). Over the past 5 years the exports of Malta to Mexico have decreased at an annualized rate of 0.11%, from $52.3M in 2018 to $52M in 2023.

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

Mexico-Malta Trade: In 2023, Mexico exported $1.68M to Malta. The main products that Mexico exported to Malta were Raw Plastic Sheeting ($439k), Medical Instruments ($240k), and Yeast ($153k). Over the past 5 years the exports of Mexico to Malta have increased at an annualized rate of 1.98%,  from $1.52M in 2018 to $1.68M in 2023.

In 2023, Mexico did not export any services to Malta.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $52M to Mexico. The main products exported from Malta to Mexico were Integrated Circuits ($43.7M), Low-voltage Protection Equipment ($3.73M), and Medical Instruments ($1.03M). During the last 5 years the exports of Malta to Mexico have decreased at an annualized rate of 0.11%, from $52.3M in 2018 to $52M in 2023.

In 2018, Mexico exported $1.68M to Malta. The main products exported from Mexico to Malta were Raw Plastic Sheeting ($439k), Medical Instruments ($240k), and Yeast ($153k). During the last 5 years the exports of Mexico to Malta have increased at an annualized rate of 1.98%, from $1.52M in 2023 to $1.68M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Mexico (Flag)

Malta Exports

Mexico Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Mexico
Top Destination
United States$456B

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

In 2023, countries that imported more from Malta than Mexico included Nigeria ($2.26B), Tunisia ($255M), and Ghana ($100M).

In 2023, countries that imported more from Mexico than Malta included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage Malta - Mexico

Flow
Scale

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

During 2023, Malta had a large net trade with Mexico in the exports of Machines ($48.7M), Instruments ($1.14M), and Plastics and Rubbers ($882k).

During 2018, Mexico had a large net trade with Malta in the exports of Plastics and Rubbers ($544k), Foodstuffs ($318k), and Instruments ($268k).

Economic Complexity

Competitive Landscape

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

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

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