Malta Balance of Trade  1996-2018 | Data | Chart | Calendar | Forecast

Malta recorded a trade surplus of EUR 157.3 million in April 2018 from EUR 222.1 million in the corresponding month of the previous year. It was the first trade surplus since the series began in 1996. Exports jumped 114.5 percent to EUR 605 million, the strongest gain since 1996, boosted by sales of machinery and transport equipment (432.5 percent), namely ships, boats and floating structures (163.3 percent); miscellaneous manufactured products (30.1 percent) and chemicals (81.4 percent). Exports rose mostly to the UAE (10512 percent) and Germany (37.1 percent). Meantime, imports declined 11.2 percent to EUR 447.7 million, mainly due to lower purchases of machinery and transport equipment (-34.5 percent), of which ships, boats and floating structures (-92.6 percent) and aircraft/spacecraft parts thereof (-40.8 percent); and crude materials (-47.1 percent). Imports declined mostly from the UK (-38.8 percent) and Canada (-98.9 percent). Balance of Trade in Malta averaged -115435.57 EUR Thousand from 1996 until 2018, reaching an all time high of 157300 EUR Thousand in April of 2018 and a record low of -556481 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-09 09:00 AM Balance of Trade €-156.9M €-204.5M €-132M
2018-05-10 09:00 AM Balance of Trade €-200.8M €-156.9M €-220M
2018-06-11 09:00 AM Balance of Trade €157.3M €-200.8M €-260M
2018-07-10 09:00 AM Balance of Trade €157.3M
2018-08-09 09:30 AM Balance of Trade € -190.5M
2018-09-11 09:00 AM Balance of Trade

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade 157300.00 -200757.00 157300.00 -556481.00 EUR Thousand [+]
Exports 605000.00 236372.00 669616.00 103400.00 EUR Thousand [+]
Imports 447700.00 437129.00 835683.00 162800.00 EUR Thousand [+]
Current Account 328288.00 443323.00 443323.00 -313524.00 EUR Thousand [+]
Current Account to GDP 12.60 7.00 12.60 -12.40 percent [+]
External Debt 90058.10 89542.00 96842.50 1589.50 EUR Million [+]
Capital Flows 194725.00 105283.00 672819.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 234488.44 167197.47 288032.60 40412.00 [+]
Gold Reserves 0.09 0.09 0.50 0.08 Tonnes [+]
Foreign Direct Investment 911.10 841.10 6634.00 -1288.40 EUR Million [+]

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

Malta Balance of Trade

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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
157300.00 -200757.00 157300.00 -556481.00 1996 - 2018 EUR Thousand Monthly

balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2798.79 Apr/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18