[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · MLT · 2024
Malta trade profile
In 2024, Malta recorded $6.7B in merchandise exports and $19.6B in imports, producing a $12.9B trade deficit. Exports changed -8.8% from the previous year, while imports changed +39.3%.[1]
Exports
$6.7B
-8.8%
Imports
$19.6B
+39.3%
Trade balance
-$12.9B
deficit
Active partners
270
108 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$2.2B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 51 export partners
2$1.4B
HS 85 · Electrical machinery
261 active HS6 lines · 143 export partners
3$594.1M
HS 30 · Pharmaceutical products
42 active HS6 lines · 127 export partners
4$396.3M
HS 89 · HS chapter
18 active HS6 lines · 29 export partners
5$318.4M
HS 49 · HS chapter
19 active HS6 lines · 126 export partners
6$241.2M
HS 84 · Machinery
515 active HS6 lines · 135 export partners
7$148.3M
HS 03 · HS chapter
204 active HS6 lines · 31 export partners
8$148.2M
HS 90 · HS chapter
142 active HS6 lines · 122 export partners
Leading export markets
Destinations rank bilateral export flows from Malta; growth describes each corridor rather than the whole economy.
1$804.8M
Germany
Annual change -3.7% · 3-year CAGR 21.1%
2$732.4M
Nigeria
Annual change -64.1% · 3-year CAGR 355.7%
3$354.7M
China
Annual change -14.8% · 3-year CAGR -3.6%
4$346.1M
Italy
Annual change +21.8% · 3-year CAGR 1.8%
5$270.4M
Greece
Annual change +591.7% · 3-year CAGR 66.5%
6$269.5M
Singapore
Annual change -2.9% · 3-year CAGR -11.8%
7$231.7M
Tunisia
Annual change -3.1% · 3-year CAGR 68.6%
8$209.3M
South Korea
Annual change -8.1% · 3-year CAGR 29.5%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.