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

The trade deficit in Malta increased to EUR 334.8 million in August of 2018 from EUR 158.5 million in the corresponding month of the previous year. Imports jumped 34.7 percent to EUR 557.1 million, due to higher purchases of machinery & transport equipment (+27.9 percent); mineral fuels, lubricants and related (+88 percent) and food (+15.5 percent). Additionally, exports fell 12.9 percent to EUR 222.3 million, dragged down by lower sales of mineral fuels, lubricants and related (-39 percent) and machinery & transport equipment (-5.5 percent). Balance of Trade in Malta averaged -119985.40 EUR Thousand from 1996 until 2018, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -556496 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-08 09:00 AM Balance of Trade €-312.1M €-242.6M € -190.5M
2018-09-10 09:00 AM Balance of Trade €-218.8M €-312.1M €-350M
2018-10-10 09:00 AM Balance of Trade €-334.8M €-218.8M €-280M
2018-11-09 10:00 AM Balance of Trade €-334.8M € -268.9M
2018-12-05 10:00 AM Balance of Trade

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -334800.00 -218752.00 -7900.00 -556496.00 EUR Thousand [+]
Exports 222300.00 319311.00 669616.00 103400.00 EUR Thousand [+]
Imports 557100.00 538063.00 835683.00 162800.00 EUR Thousand [+]
Current Account 384810.00 390487.00 443323.00 -313524.00 EUR Thousand [+]
Current Account to GDP 12.60 7.00 12.60 -12.40 percent [+]
External Debt 88641.10 90029.00 96842.50 1589.50 EUR Million [+]
Capital Flows 565202.00 -145230.00 603637.00 -565388.00 EUR Thousand [+]
Tourist Arrivals 317490.26 290040.55 317490.26 40412.00 [+]
Gold Reserves 0.09 0.09 0.50 0.08 Tonnes [+]
Foreign Direct Investment 775.90 897.40 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-334800.00 -218752.00 -7900.00 -556496.00 1996 - 2018 EUR Thousand Monthly

balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan -444.59 Aug/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 6755.10 Aug/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18