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

Malta's trade deficit widened to €232.7 million in March 2017 from €185 million in the same month a year earlier. Imports fell by 19.9 percent to €460.7 million, mainly due to lower purchases of machinery and transport equipment (-63.4 percent), which more than offset a rise in imports of mineral fuels, lubricants and related materials (48.2 percent). Main import partners were Italy (14.3 percent of total imports), Russia (8.7 percent), the UK (8.2 percent) and the US (8.1 percent). Exports decreased at a much faster 41.5 percent to €228 million, dragged by chemicals (-83.3 percent) and mineral fuels, lubricants and related materials (-21.2 percent). Main export partners were Germany (15.7 percent of total exports), France (7.5 percent), Italy (6.3 percent), the US and Singapore (5.7 percent each). In the first quarter of the year, the trade gap narrowed to €750.8 million from €911.7 in the same period of 2016, as imports dropped 17.9 percent and exports shrank 18.3 percent. Balance of Trade in Malta averaged -114368.87 EUR Thousand from 1996 until 2017, 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)
2017-03-10 10:00 AM Jan €-366.6M €-151.8M €-142M
2017-04-10 09:00 AM Feb €-127.7M €-366.6M €-489M
2017-05-09 09:00 AM Mar €-232.7M €-127.7M €-174M
2017-06-09 09:00 AM Apr €-232.7M €-264M
2017-07-10 09:00 AM May
2017-08-04 09:00 AM Jun




Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -232700.00 -127663.00 -7900.00 -586166.00 EUR Thousand [+]
Exports 228000.00 213004.00 669616.00 103400.00 EUR Thousand [+]
Imports 460700.00 340667.00 835683.00 162800.00 EUR Thousand [+]
Current Account 256175.00 339146.00 357221.00 -313524.00 EUR Thousand [+]
Current Account to GDP 4.30 3.10 3.10 -12.40 percent [+]
External Debt 86984.10 85527.30 96893.10 1589.50 EUR Million [+]
Capital Flows 672819.00 540312.00 672819.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 141266.05 103898.94 256781.83 40412.00 [+]
Gold Reserves 0.09 0.09 0.50 0.08 Tonnes [+]
Foreign Direct Investment 815.90 281.30 6634.00 -1274.60 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-232700.00 -127663.00 -7900.00 -586166.00 1996 - 2017 EUR Thousand Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -2606000.00 Feb/17
Switzerland 3101.03 Mar/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17