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2022
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Exports $39.6MRnk 75 / 208
2022
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Top Product $7.72MRefined Petroleum
2022
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Exports $45.4MRnk 26 / 173
2022
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Top Product $27.7MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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GDP$252BCURRENT US$
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2012-2022
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GDP GROWTH16.5%CURRENT US$
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2022
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 GDP$17.8BCURRENT US$
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2012-2022
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GDP GROWTH87.8%CURRENT US$
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2022
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GDP PC $24,275CURRENT US$
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2012-2022
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GDP PC GROWTH18%CURRENT US$
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2022
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GDP PC$33,941CURRENT US$
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2012-2022
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GDP PC GROWTH50.7%CURRENT US$
Rnk 34 / 186

About

Portugal-Malta In 2022, Portugal exported $39.6M to Malta. The main products that Portugal exported to Malta are Refined Petroleum ($7.72M), Rolled Tobacco ($3.98M), and Packaged Medicaments ($1.86M). During the last 27 years the exports of Portugal to Malta have increased at an annualized rate of 2.38%, from $21M in 1995 to $39.6M in 2022.

In 2020, Portugal exported services to Malta worth $8M, with Travel ($8M) being the largest in terms of value.

Malta-Portugal In 2022, Malta exported $45.4M to Portugal. The main products that Malta exported to Portugal were Packaged Medicaments ($27.7M), Non-fillet Frozen Fish ($4.41M), and Other Pure Vegetable Oils ($3.26M). During the last 27 years the exports of Malta to Portugal have decreased at an annualized rate of 0.53%, from $52.4M in 1995 to $45.4M in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Portugal exported €2.34M and imported €5.24M from Malta, resulting in a negative trade balance of €2.89M. Between February 2023 and February 2024 the exports of Portugal have increased by €389k (19.9%) from €1.96M to €2.34M, while imports increased by €2.52M (92.9%) from €2.71M to €5.24M.

Trade In February 2024, the top exports of Portugal to Malta were Tobacco & substitutes (€348k), Soap, cleaners, candles, dental, modelling pastes (€321k), Machinery, mechanical appliances, & parts (€159k), Paper articles (€150k), and Perfumery & cosmetics (€150k). In February 2024 the top imports of Portugal from Malta were Pharmaceutical products (€1.66M), Electrical machinery and electronics (€204k), Furniture, bedding, lamps, & prefab buildings (€166k), Organic chemicals (€83.9k), and Paper articles (€51.7k).

Growth In February 2024, the increase in Portugal's year-by-year exports to Malta was explained primarily by an increase in product exports in Soap, cleaners, candles, dental, modelling pastes (€314k or 4.19k%), Paper articles (€141k or 1.5k%), and Perfumery & cosmetics (€125k or 508%). In February 2024, the increase in Portugal's year-by-year imports  from Malta was explained primarily by an increase in product imports  in Machinery, mechanical appliances, & parts (€23.5k or 547%), Precious stones, metals, & pearls (€2.95k or 26.9k%), and Tools & cutlery (€265 or 124%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€389k(19.9%)
IMPORT GROWTH (February 2023 - February 2024)€2.52M(92.9%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Malta and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $39.6M to Malta. The main products exported from Portugal to Malta were Refined Petroleum ($7.72M), Rolled Tobacco ($3.98M), and Packaged Medicaments ($1.86M). During the last 27 years the exports of Portugal to Malta have increased at an annualized rate of 2.38%, from $21M in 1995 to $39.6M in 2022.

In 2022, Malta exported $45.4M to Portugal. The main products exported from Malta to Portugal were Packaged Medicaments ($27.7M), Non-fillet Frozen Fish ($4.41M), and Other Pure Vegetable Oils ($3.26M). During the last 27 years the exports of Malta to Portugal have decreased at an annualized rate of 0.53%, from $52.4M in 1995 to $45.4M in 2022.

Exports from Portugal (Flag) to Malta (Flag) (2022)

Exports from Malta (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Malta
Top DestinationGermany$576M

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

In 2021, countries that imported more from Portugal than Malta were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Malta than Portugal were Lebanon ($121M), Malaysia ($110M), and Hong Kong ($226M).

Difference in imports from Malta (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Malta

Flow
Scale

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

During 2022, Portugal had a large net trade with Malta in the exports of Mineral Products ($7.75M), Foodstuffs ($5.12M), and Chemical Products ($5.12M).

During 2022, Malta had a large net trade with Portugal in the exports of Chemical Products ($32.2M), Animal Products ($4.5M), and Animal and Vegetable Bi-Products ($3.49M).

Service Trade

Bilateral Service Trade

In 2020, Portugal exported services to Malta worth $8M, with Travel ($8M) being the largest in terms of value.

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

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Malta. Similarly, the more yellow a dot/product is, the more Malta has comparative advantage over Portugal.

Product Space of Portugal (Flag) and Malta (Flag) (2022)

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