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Malta trade in 2024

In 2024, Malta exported $7.5 billion and imported $15.7 billion, a trade deficit of $8.2 billion. It was the world's 117th-largest exporter, with 0.03% of world exports. Its top export was refined petroleum (24.8% of the total) and its main trading partner was China (15.7% of its trade).

Summary

Exports
$7.5billion
Imports
$15.7billion
Trade balance
-$8.2billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Refined petroleum (24.8%) and microchips (19.6%) together make up 44.4% of its exports.

  1. Refined petroleum$1.9 billion · 24.8%
    Main partner: Nigeria
  2. Microchips$1.5 billion · 19.6%
    Main partner: Germany
  3. Medicines in measured doses or retail packs$761 million · 10.2%
    Main partner: Germany
  4. Stamps and banknotes$276 million · 3.7%
    Main partner: Ghana
  5. Airplanes and helicopters$248 million · 3.3%
    Main partner: United States
  6. Dredgers and floating cranes$219 million · 2.9%
    Main partner: Taiwan
  7. Fish fillets$174 million · 2.3%
    Main partner: Japan
  8. Toys$166 million · 2.2%
    Main partner: Germany
  9. Cargo and cruise ships$131 million · 1.8%
    Main partner: Norway
  10. Low-voltage switches and connectors$102 million · 1.4%
    Main partner: Germany

What it imports

Cargo and cruise ships (32.5%) and refined petroleum (9.4%) together make up 41.9% of its imports.

  1. Cargo and cruise ships$5.1 billion · 32.5%
    Main partner: China
  2. Refined petroleum$1.5 billion · 9.4%
    Main partner: Italy
  3. Yachts and pleasure boats$749 million · 4.8%
    Main partner: Italy
  4. Airplanes and helicopters$735 million · 4.7%
    Main partner: United States
  5. Microchips$651 million · 4.2%
    Main partner: France
  6. Dredgers and floating cranes$536 million · 3.4%
    Main partner: South Korea
  7. Medicines in measured doses or retail packs$475 million · 3%
    Main partner: India
  8. Coal tar oils$347 million · 2.2%
    Main partner: Spain
  9. Natural gas and LPG$325 million · 2.1%
    Main partner: Trinidad and Tobago
  10. Cars$277 million · 1.8%
    Main partner: Germany
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$2 billion$2.3 billion
85 · Electrical and electronic equipment$1.8 billion$1.2 billion
30 · Pharmaceuticals$783 million$524 million
89 · Ships and boats$429 million$6.4 billion
49 · Books and printed matter$336 million$28 million
88 · Aircraft and spacecraft$275 million$808 million
84 · Mechanical machinery$268 million$576 million
03 · Fish and seafood$203 million$121 million
95 · Toys and sports gear$170 million$49 million
90 · Precision and medical instruments$168 million$137 million
39 · Plastics$154 million$237 million
71 · Gems and precious metals$142 million$115 million
21 · Food preparations$105 million$76 million
29 · Organic chemicals$72 million$117 million
40 · Rubber$60 million$47 million
72 · Iron and steel$52 million$56 million
02 · Meat and offal$37 million$118 million
87 · Vehicles$36 million$420 million
19 · Baked goods and cereal products$32 million$112 million
60 · Knitted fabric$29 million$839 thousand
48 · Paper and paperboard$27 million$178 million
33 · Perfumes and cosmetics$23 million$93 million
94 · Furniture and lighting$21 million$148 million
74 · Copper$20 million$38 million
09 · Coffee, tea and spices$16 million$17 million
22 · Beverages and spirits$16 million$123 million
28 · Inorganic chemicals$15 million$12 million
38 · Miscellaneous chemicals$15 million$39 million
76 · Aluminum$14 million$46 million
62 · Woven clothing$11 million$75 million
73 · Iron and steel products$11 million$106 million
91 · Watches and clocks$10 million$35 million
10 · Cereals$10 million$70 million
70 · Glass$10 million$27 million
61 · Knitted clothing$9 million$105 million
11 · Milling products and malt$9 million$15 million
07 · Vegetables$9 million$42 million
97 · Art and antiques$8 million$9 million
47 · Wood pulp$7 million$367 thousand
23 · Animal feed and food waste$5 million$48 million
64 · Footwear$5 million$47 million
63 · Home textiles and used clothing$4 million$28 million
32 · Dyes, paints and tanning agents$4 million$81 million
15 · Fats and oils$4 million$38 million
04 · Dairy, eggs and honey$4 million$93 million
69 · Ceramics$3 million$41 million
83 · Miscellaneous metal goods$2 million$25 million
82 · Tools and cutlery$2 million$15 million
96 · Other manufactured goods$2 million$12 million
44 · Wood$2 million$37 million
17 · Sugar and sweets$2 million$27 million
54 · Synthetic filaments$1 million$7 million
42 · Leather goods and bags$1 million$24 million
34 · Soap and cleaning products$1 million$43 million
08 · Fruit and nuts$990 thousand$72 million
20 · Preserved fruit and vegetables$943 thousand$55 million
26 · Ores and slag$877 thousand$531 thousand
35 · Glues, starches and enzymes$825 thousand$10 million
18 · Cocoa and chocolate$650 thousand$32 million
16 · Prepared meat and fish$647 thousand$81 million
80 · Tin$628 thousand$373 thousand
25 · Salt, stone and cement$621 thousand$63 million
68 · Stone, plaster and cement articles$577 thousand$28 million
13 · Gums and plant extracts$535 thousand$2 million
01 · Live animals$467 thousand$3 million
56 · Felt, nonwovens and rope$440 thousand$7 million
37 · Photographic goods$428 thousand$3 million
79 · Zinc$411 thousand$971 thousand
12 · Oilseeds and grains$380 thousand$39 million
78 · Lead$329 thousand$155 thousand
50 · Silk$318 thousand$272 thousand
66 · Umbrellas and canes$299 thousand$3 million
24 · Tobacco$225 thousand$46 million
51 · Wool$201 thousand$167 thousand
57 · Carpets and rugs$169 thousand$7 million
31 · Fertilizers$167 thousand$4 million
59 · Coated and technical textiles$163 thousand$3 million
65 · Hats$148 thousand$5 million
36 · Explosives and matches$144 thousand$686 thousand
52 · Cotton$124 thousand$775 thousand
86 · Railway equipment$111 thousand$1 million
67 · Feathers and artificial flowers$85 thousand$2 million
41 · Hides and leather$76 thousand$340 thousand
58 · Special fabrics and lace$63 thousand$2 million
92 · Musical instruments$59 thousand$2 million
55 · Synthetic staple fibers$56 thousand$2 million
53 · Other plant fibers$39 thousand$530 thousand
93 · Weapons and ammunition$34 thousand$7 million
06 · Live plants and flowers$32 thousand$8 million
05 · Other animal products$30 thousand$958 thousand
75 · Nickel$26 thousand$2 million
46 · Wicker and basketware$8 thousand$541 thousand
43 · Fur and fur goods$6 thousand$218 thousand
45 · Cork$4 thousand$286 thousand
81 · Other base metals$3 thousand$1 million
14 · Other plant products$1 thousand$83 thousand

Trading partners

Its main destination is Germany (11.8% of exports) and its main source is China (21.2% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Germany88211.8%Air
Nigeria81810.9%Sea
Greece3705%Sea
United States3514.7%Air
Italy3384.5%Sea
South Korea3164.2%Air
China2994%Air
Singapore2763.7%Air
Spain2373.2%Sea
Hong Kong2172.9%Air

Who it buys from

PartnerValue (USD billions)ShareMode
China3.321.2%Sea
South Korea2.314.7%Sea
Italy2.113.4%Sea
France1.38.5%Sea
Spain0.785%Sea
Germany0.674.3%Air
United Kingdom0.462.9%Sea
Turkey0.392.5%Sea
Netherlands0.392.5%Sea
United States0.342.1%Air

Overview 1995–2024

In 2024, Malta accounted for 0.03% of world exports, compared with 0.05% in 1995.

Exports and imports

Exports tripled since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 7.5
  • Imports 15.7
  • Balance -8.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.4 billion$3.6 billion-$1.2 billion
1996$2 billion$3.3 billion-$1.3 billion
1997$1.8 billion$3.2 billion-$1.3 billion
1998$2.1 billion$3.8 billion-$1.7 billion
1999$2.1 billion$4 billion-$1.9 billion
2000$2.6 billion$4.7 billion-$2.1 billion
2001$2.7 billion$4.2 billion-$1.6 billion
2002$3.2 billion$4.4 billion-$1.2 billion
2003$3.6 billion$4.7 billion-$1.1 billion
2004$4.3 billion$5.8 billion-$1.5 billion
2005$3.7 billion$5.5 billion-$1.8 billion
2006$4.4 billion$7.1 billion-$2.8 billion
2007$5.8 billion$7.7 billion-$1.9 billion
2008$8.8 billion$10.2 billion-$1.4 billion
2009$5.1 billion$9.5 billion-$4.4 billion
2010$6.1 billion$10.4 billion-$4.3 billion
2011$7 billion$13.2 billion-$6.1 billion
2012$7 billion$13.4 billion-$6.4 billion
2013$7 billion$11.4 billion-$4.4 billion
2014$6.5 billion$12.8 billion-$6.3 billion
2015$5.5 billion$13.4 billion-$7.9 billion
2016$6 billion$13 billion-$7 billion
2017$4.9 billion$14.3 billion-$9.4 billion
2018$5.4 billion$11.8 billion-$6.4 billion
2019$5 billion$11.5 billion-$6.5 billion
2020$4.5 billion$10.5 billion-$6.1 billion
2021$5.9 billion$13.9 billion-$8 billion
2022$5.6 billion$14.3 billion-$8.7 billion
2023$8.6 billion$11.3 billion-$2.8 billion
2024$7.5 billion$15.7 billion-$8.2 billion

World rank

Malta fell from 85th to 117th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 85th in 1995
  • 117th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199585th
199694th
1997101st
199893rd
199992nd
200096th
200193rd
200289th
200391st
200492nd
2005105th
2006103rd
2007100th
200893rd
2009105th
2010104th
2011104th
2012103rd
2013105th
2014109th
2015110th
2016104th
2017118th
2018119th
2019121st
2020121st
2021117th
2022124th
2023111th
2024117th

What it sells

Oil, gas and coal became its top export group: from 5% to 27%

% of exports by Harmonized System chapter.

  • Other 18%
  • Fish and seafood 3%
  • Mechanical machinery 4%
  • Aircraft and spacecraft 4%
  • Books and printed matter 4%
  • Ships and boats 6%
  • Pharmaceuticals 10%
  • Electrical and electronic equipment 24%
  • Oil, gas and coal 27%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal4.6%27.1%
Electrical and electronic equipment53.2%24%
Pharmaceuticals0.34%10.5%
Ships and boats2.8%5.7%
Books and printed matter2.3%4.5%
Aircraft and spacecraft3%3.7%
Mechanical machinery3.6%3.6%
Fish and seafood0.38%2.7%
Other29.9%18.4%

Who it trades with

Italy went from 27% to 11% of Malta's trade

% of total trade (exports + imports) with each partner.

  • China 16%
  • South Korea 11%
  • Italy 11%
  • Germany 7%
  • France 6%

Source: CEPII BACI

Show the numbers
Partner19952024
China0.96%15.7%
South Korea2.7%11.3%
Italy27.4%10.5%
Germany11.3%6.7%
France9%6.4%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Delimara power stationPower · 1 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Valletta$30.9 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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