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

Malta's trade deficit decreased to EUR 194.5 million in June of 2017 from a EUR 262.4 million in the same month a year earlier. Exports tumbled 30.3 percent to EUR 225.9 million, mainly dragged down by lower sales of chemicals (-71.9 percent) and mineral fuels, lubricants and related materials (-28.9 percent). Imports declined 28.3 percent to EUR 420.4 million, as purchases fell mostly for machinery and transport equipment (-66.5 percent); crude materials (-31.6 percent) and beverages and tobacco (-20.2 percent). Considering the first half of the year, exports tumbled 24.9 percent and imports fell 9.6 percent, thus widening the trade deficit to EUR 1784.8 million from EUR 1670.6 million in the same period of 2016. Balance of Trade in Malta averaged -117064.86 EUR Thousand from 1996 until 2017, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -566225 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-09 09:00 AM Apr €-286.5M €-232.7M €-264M
2017-07-10 09:00 AM May €-501.5M €-286.5M €-271M
2017-08-09 09:30 AM Jun €-194.5M €-501.5M €-387M
2017-09-11 09:00 AM Jul €-194.5M
2017-10-10 09:00 AM Aug
2017-11-07 10:00 AM Sep

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -194536.00 -501455.00 -7900.00 -566225.00 EUR Thousand [+]
Exports 225887.00 209951.00 669616.00 103400.00 EUR Thousand [+]
Imports 420423.00 711406.00 835683.00 162800.00 EUR Thousand [+]
Current Account 56944.00 256175.00 357221.00 -313524.00 EUR Thousand [+]
Current Account to GDP 7.90 5.30 9.70 -12.40 percent [+]
External Debt 86984.10 85527.30 96893.10 1589.50 EUR Million [+]
Capital Flows 474872.00 672819.00 672819.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 232193.25 220918.28 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-194536.00 -501455.00 -7900.00 -566225.00 1996 - 2017 EUR Thousand Monthly

balance of trade by Country

Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17