Malta Balance of Trade  1996-2017 | Data | Chart | Calendar | Forecast

Malta's trade deficit decreased to €102.8 million in November of 2016, compared to a €194.5 million shortfall a year earlier. Exports surged by 32.3 percent, mostly due to an increase in sales of mineral fuels, lubricants and related materials (+70 percent) and food (+90.3 percent). Imports declined by 3.1 percent, driven by lower purchases of miscellaneous manufactured articles (-16.5 percent) and machinery and transport equipment (-2.6 percent). Sales rose mostly to China (+325 percent); the US (+53 percent) and Korea (+55 percent). Imports decreased from Italy (-11 percent); Germany (-47 percent); France (-37 percent) and China (-49 percent). Balance of Trade in Malta averaged -112755.88 EUR Thousand from 1996 until 2016, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -586166 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-07 10:00 AM Sep €-198.5M €-203.8M
2016-12-06 10:00 AM Oct €-273M €-198.5M €-196.9M
2017-01-09 10:00 AM Nov €-102.8M €-273M
2017-02-07 10:00 AM Dec €-102.8M
2017-03-10 10:00 AM Jan
2017-04-07 09:00 AM Feb




Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -102800.00 -273000.00 -7900.00 -586166.00 EUR Thousand [+]
Exports 320161.00 244409.00 669616.00 103400.00 EUR Thousand [+]
Imports 422930.00 517409.00 835683.00 162800.00 EUR Thousand [+]
Current Account 339146.00 -5288.00 357221.00 -313524.00 EUR Thousand [+]
Current Account to GDP 4.30 3.10 3.10 -12.40 percent [+]
External Debt 86527.30 85288.80 96689.00 1589.50 EUR Million [+]
Capital Flows 540312.00 229442.00 603637.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 142711.34 219483.66 256781.83 40412.00 [+]
Gold Reserves 0.09 0.09 0.50 0.08 Tonnes [+]
Foreign Direct Investment 556.50 575.00 6634.00 -1277.00 EUR Million [+]



Malta Balance of Trade Notes

Malta enjoys a favorable geographic position and large deposits of limestone, which contribute to the strength its export sector. As an island, Malta produces only around 20% of its food necessities, has limited access to fresh water and lacks energy sources. Due to this mix of factors, the economy of Malta is very dependent on foreign trade. Malta mostly exports electrical machinery, mechanical appliances, fish and crustaceans, pharmaceutical producuts and printed material. On the other hand, Malta is a net importer of mineral fuels and oils, non-electrical machinery, aircraft and other transport equipment, plastic and other semi-manufactured goods, food, drink and tobacco. Malta adopted the Euro in 2008, highlighting the status of the European Union as its most important trading partner, having vast trade flows specifically with Italy, the United Kingdom, Germany and France. This page provides - Malta Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-102800.00 -273000.00 -7900.00 -586166.00 1996 - 2016 EUR Thousand Monthly



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Ireland 4044600.00 Nov/16
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Italy 4202.85 Nov/16
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Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
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Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
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Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
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Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
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Mexico 200.00 Nov/16
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Mongolia 362.30 Dec/16
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Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
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Niger -108402.00 Sep/16
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North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -320.60 Oct/16
Panama -961388.00 Nov/16
Papua New Guinea 3223.00 Jun/16
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Peru 279.00 Nov/16
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Poland 102.00 Nov/16
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Russia 9137.00 Nov/16
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Singapore 6120.70 Dec/16
Slovakia 287.00 Nov/16
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South Korea 7000.00 Dec/16
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Spain -1833000.00 Oct/16
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Switzerland 3636.00 Nov/16
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Thailand 1540.00 Nov/16
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