Russia (RUS) and Malta (MLT) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Malta (MLT) Trade

2022

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Exports $3.43MRnk 117 / 138

2022

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About

Russia-Malta Trade: In 2022, Russia exported $3.43M to Malta. The main products that Russia exported to Malta were Wheat ($1.17M), Uncoated Paper ($548k), and Other Measuring Instruments ($427k). Over the past 5 years the exports of Russia to Malta have decreased at an annualized rate of 72.6%, from $2.23B in 2017 to $3.43M in 2022.

In 2020, Russia exported services to Malta worth $137M, with Transportation ($84M), Other business services ($23.8M), and Computer and information services ($23.2M) being the largest in terms of value.

Malta-Russia Trade: In 2022, Malta exported $581k to Russia. The main products that Malta exported to Russia were Packaged Medicaments ($369k), Photographic Chemicals ($51k), and Iron Stovetops ($28.9k). Over the past 5 years the exports of Malta to Russia have decreased at an annualized rate of 45.8%, from $12.4M in 2017 to $581k in 2022.

In 2020, Malta exported services to Russia worth $2.28M, with Travel ($2.28M) being the largest in terms of value.

Comparison In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $70.6M and imported $1.26M from Malta, resulting in a positive trade balance of $69.3M. Between January 2021 and January 2022 the exports of Russia have decreased by $-56.5M (-44.4%) from $127M to $70.6M, while imports decreased by $-67.5k (-5.09%) from $1.32M to $1.26M.

Trade In January 2022, the top exports of Russia to Malta were Refined Petroleum ($126M), Wheat ($758k), Plywood ($22k), Uncoated Paper ($13.6k), and Sodium or Potassium Peroxides ($12.6k). In January 2022 the top imports of Russia from Malta were Packaged Medicaments ($961k), Integrated Circuits ($69.9k), Machinery Having Individual Functions ($65.1k), Gas and Liquid Flow Measuring Instruments ($39k), and Other Rubber Products ($35.1k).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($41.3M), KRASNODAR TERRITORY ($24.2M), REPUBLIC OF TATARSTAN ($4.66M), ST. PETERSBURG ($233k), and KOMI REPUBLIC ($162k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($1.06M), ST. PETERSBURG ($81k), MOSCOW REGION ($47.8k), NIZHNY NOVGOROD REGION ($18.3k), and YAROSLAVL REGION ($12k).

Growth In January 2022, the decrease in Russia's year-by-year exports to Malta was explained primarily by an decrease in product exports in Refined Petroleum ($-57.1M or -31.1%) and Uncoated Paper ($-43.2k or -76.1%). In January 2022, the decrease in Russia's year-by-year imports from Malta was explained primarily by an decrease in product imports in Commodities not elsewhere specified ($-28.4k or -68.3%), Centrifuges ($-13.9k or -98.4%), and Low-voltage Protection Equipment ($-9.26k or -45.8%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2021 - January 2022)$-56.5M(-44.4%)

IMPORT GROWTH (January 2021 - January 2022)$-67.5k(-5.09%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$41.3M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $3.43M to Malta. The main products exported from Russia to Malta were Wheat ($1.17M), Uncoated Paper ($548k), and Other Measuring Instruments ($427k). During the last 5 years the exports of Russia to Malta have decreased at an annualized rate of 72.6%, from $2.23B in 2017 to $3.43M in 2022.

In 2017, Malta exported $581k to Russia. The main products exported from Malta to Russia were Packaged Medicaments ($369k), Photographic Chemicals ($51k), and Iron Stovetops ($28.9k). During the last 5 years the exports of Malta to Russia have decreased at an annualized rate of 45.8%, from $12.4M in 2022 to $581k in 2017.

Exports from Russia () to Malta () (2022)

Exports from Malta () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Malta
Top DestinationGermany$576M

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

In 2022, countries that imported more from Russia than Malta included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Malta than Russia included Ghana ($37.3M), Libya ($37M), and Saudi Arabia ($30.7M).

Difference in imports from Malta () and Russia () (2022)

Comparative Advantage Russia - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Malta in the exports of Vegetable Products ($1.18M), Paper Goods ($962k), and Instruments ($441k).

During 2017, Malta had a large net trade with Russia in the exports of Chemical Products ($420k), Textiles ($40.1k), and Metals ($31.7k).

Bilateral Service Trade

Mlt Year

Rus Year

In 2020, Malta exported services to Russia worth $2.28M, with Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Malta () (2020)

Services Exports from Malta () to Russia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Russia () and Malta () (2022)

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