2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
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2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
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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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
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About

Malta-Singapore Trade: In 2023, Malta exported $372M to Singapore. The main products that Malta exported to Singapore were Refined Petroleum ($181M), Integrated Circuits ($180M), and Gas Turbines ($1.54M). Over the past 5 years the exports of Malta to Singapore have decreased at an annualized rate of 1.56%, from $402M in 2018 to $372M in 2023.

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

Singapore-Malta Trade: In 2023, Singapore exported $48.9M to Malta. The main products that Singapore exported to Malta were Integrated Circuits ($23.3M), Planes, Helicopters, and/or Spacecraft ($7.48M), and Polyacetals ($3.6M). Over the past 5 years the exports of Singapore to Malta have decreased at an annualized rate of 19.8%,  from $147M in 2018 to $48.9M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $372M to Singapore. The main products exported from Malta to Singapore were Refined Petroleum ($181M), Integrated Circuits ($180M), and Gas Turbines ($1.54M). During the last 5 years the exports of Malta to Singapore have decreased at an annualized rate of 1.56%, from $402M in 2018 to $372M in 2023.

In 2018, Singapore exported $48.9M to Malta. The main products exported from Singapore to Malta were Integrated Circuits ($23.3M), Planes, Helicopters, and/or Spacecraft ($7.48M), and Polyacetals ($3.6M). During the last 5 years the exports of Singapore to Malta have decreased at an annualized rate of 19.8%, from $147M in 2023 to $48.9M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Singapore (Flag)

Malta Exports

Singapore Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Malta than Singapore included Tunisia ($255M), Cyprus ($67.5M), and Croatia ($94.1M).

In 2023, countries that imported more from Singapore than Malta included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Malta - Singapore

Flow
Scale

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

During 2023, Malta had a large net trade with Singapore in the exports of Machines ($185M), Mineral Products ($181M), and Plastics and Rubbers ($923k).

During 2018, Singapore had a large net trade with Malta in the exports of Machines ($27.8M), Transportation ($8.59M), and Plastics and Rubbers ($4.34M).

Economic Complexity

Competitive Landscape

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

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

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