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
$133BCURRENT US$
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2013-2023
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GDP GROWTH
34.1%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
$24,491CURRENT US$
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2013-2023
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GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195

About

Malta-Slovakia Trade: In 2023, Malta exported $48.1M to Slovakia. The main products that Malta exported to Slovakia were Integrated Circuits ($17.4M), Seats ($13.8M), and Packaged Medicaments ($9.27M). Over the past 5 years the exports of Malta to Slovakia have increased at an annualized rate of 33.9%, from $11.2M in 2018 to $48.1M in 2023.

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

Slovakia-Malta Trade: In 2023, Slovakia exported $14.6M to Malta. The main products that Slovakia exported to Malta were Cars ($4.52M), Lifting Machinery ($3.3M), and Delivery Trucks ($1.5M). Over the past 5 years the exports of Slovakia to Malta have increased at an annualized rate of 5.64%,  from $11.1M in 2018 to $14.6M in 2023.

In 2020, Slovakia exported services to Malta worth $12.2M, with Computer and information services ($5.6M), Other business services ($2.51M), and Transportation ($1.71M) 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $48.1M to Slovakia. The main products exported from Malta to Slovakia were Integrated Circuits ($17.4M), Seats ($13.8M), and Packaged Medicaments ($9.27M). During the last 5 years the exports of Malta to Slovakia have increased at an annualized rate of 33.9%, from $11.2M in 2018 to $48.1M in 2023.

In 2018, Slovakia exported $14.6M to Malta. The main products exported from Slovakia to Malta were Cars ($4.52M), Lifting Machinery ($3.3M), and Delivery Trucks ($1.5M). During the last 5 years the exports of Slovakia to Malta have increased at an annualized rate of 5.64%, from $11.1M in 2023 to $14.6M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Slovakia (Flag)

Malta Exports

Slovakia Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Slovakia
Top Destination
Germany$21.5B

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

In 2023, countries that imported more from Malta than Slovakia included Nigeria ($2.26B), Singapore ($372M), and Hong Kong ($308M).

In 2023, countries that imported more from Slovakia than Malta included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

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

Comparative Advantage Malta - Slovakia

Flow
Scale

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

During 2023, Malta had a large net trade with Slovakia in the exports of Machines ($20.1M), Miscellaneous ($13.9M), and Chemical Products ($9.28M).

During 2018, Slovakia had a large net trade with Malta in the exports of Transportation ($6.03M), Machines ($4.33M), and Footwear and Headwear ($1.4M).

Bilateral Service Trade

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

In 2020, Slovakia exported services to Malta worth $12.2M, with Computer and information services ($5.6M), Other business services ($2.51M), and Transportation ($1.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Slovakia (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 Slovakia. This means that a dot/product with the flag of Malta indicates it has a comparative advantage over Slovakia. Similarly, a dot/product with the flag of Slovakia indicates it has a comparative advantage over Malta.

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

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