2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Malta-Philippines Trade: In 2023, Malta exported $3.6M to Philippines. The main products that Malta exported to Philippines were Integrated Circuits ($1.87M), Other Measuring Instruments ($529k), and Machinery Having Individual Functions ($521k). Over the past 5 years the exports of Malta to Philippines have decreased at an annualized rate of 34%, from $28.8M in 2018 to $3.6M in 2023.

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

Philippines-Malta Trade: In 2023, Philippines exported $40.4M to Malta. The main products that Philippines exported to Malta were Integrated Circuits ($28.6M), Machinery Having Individual Functions ($2.83M), and Oscilloscopes ($2.69M). Over the past 5 years the exports of Philippines to Malta have increased at an annualized rate of 1.93%,  from $30.3M in 2018 to $40.4M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $3.6M to Philippines. The main products exported from Malta to Philippines were Integrated Circuits ($1.87M), Other Measuring Instruments ($529k), and Machinery Having Individual Functions ($521k). During the last 5 years the exports of Malta to Philippines have decreased at an annualized rate of 34%, from $28.8M in 2018 to $3.6M in 2023.

In 2018, Philippines exported $40.4M to Malta. The main products exported from Philippines to Malta were Integrated Circuits ($28.6M), Machinery Having Individual Functions ($2.83M), and Oscilloscopes ($2.69M). During the last 5 years the exports of Philippines to Malta have increased at an annualized rate of 1.93%, from $30.3M in 2023 to $40.4M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Philippines (Flag)

Malta Exports

Philippines Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Philippines
Top Destination
China$19B

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

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

In 2023, countries that imported more from Philippines than Malta included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Malta - Philippines

Flow
Scale

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

During 2023, Malta had a large net trade with Philippines in the exports of Machines ($2.92M), Instruments ($608k), and Paper Goods ($29.4k).

During 2018, Philippines had a large net trade with Malta in the exports of Machines ($33.7M), Instruments ($3.18M), and Plastics and Rubbers ($1.44M).

Economic Complexity

Competitive Landscape

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

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

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