2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
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GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
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 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
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GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
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GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
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GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Malta-Turkey Trade: In 2023, Malta exported $64.4M to Turkey. The main products that Malta exported to Turkey were Scrap Iron ($26.2M), Other Plastic Products ($5.92M), and Packaged Medicaments ($4.08M). Over the past 5 years the exports of Malta to Turkey have decreased at an annualized rate of 1%, from $67.7M in 2018 to $64.4M in 2023.

In 2020, Malta exported services to Turkey worth $11.4M, with Financial services ($11.4M) being the largest in terms of value.

Turkey-Malta Trade: In 2023, Turkey exported $709M to Malta. The main products that Turkey exported to Malta were Coal Tar Oil ($244M), Passenger and Cargo Ships ($205M), and Refined Petroleum ($29.9M). Over the past 5 years the exports of Turkey to Malta have increased at an annualized rate of 4.05%,  from $559M in 2018 to $709M in 2023.

In 2009, Turkey exported services to Malta worth $3.1M, with Other business services ($3.1M) 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $64.4M to Turkey. The main products exported from Malta to Turkey were Scrap Iron ($26.2M), Other Plastic Products ($5.92M), and Packaged Medicaments ($4.08M). During the last 5 years the exports of Malta to Turkey have decreased at an annualized rate of 1%, from $67.7M in 2018 to $64.4M in 2023.

In 2018, Turkey exported $709M to Malta. The main products exported from Turkey to Malta were Coal Tar Oil ($244M), Passenger and Cargo Ships ($205M), and Refined Petroleum ($29.9M). During the last 5 years the exports of Turkey to Malta have increased at an annualized rate of 4.05%, from $559M in 2023 to $709M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Turkey (Flag)

Malta Exports

Turkey Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Malta than Turkey included Nigeria ($2.26B) and Kiribati ($272k).

In 2023, countries that imported more from Turkey than Malta included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Malta - Turkey

Flow
Scale

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

During 2023, Malta had a large net trade with Turkey in the exports of Metals ($29M), Paper Goods ($8.69M), and Plastics and Rubbers ($8.68M).

During 2018, Turkey had a large net trade with Malta in the exports of Mineral Products ($275M), Transportation ($229M), and Machines ($48.5M).

Economic Complexity

Competitive Landscape

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

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

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