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

Malta's trade deficit increased by EUR 45.4 million to EUR 156.9 million in February of 2018 from EUR 111.5 million in the same month of the previous year. Exports declined 9.6 percent to EUR 241 million, mainly dragged down by lower sales of mineral fuel, lubricants and related (-51.5 percent) and miscellaneous manufactured articles (-6.8 percent). Conversely, exports advanced for machinery and transport equipment (19.1 percent); chemicals (22.6 percent) and food (20 percent). On the other hand, imports rose 5.2 percent to EUR 397.9 million, boosted by higher purchases of mineral fuels, lubricants and related (49.1 percent) while those for machinery transport and equipment decreased (-23.2 percent). Considering the first two months of 2018, the trade deficit narrowed to EUR 360.3 million from EUR 450.4 million, as imports fell at a faster 9.9 percent to EUR 879.7 million and shipments went down 1.3 percent to EUR 519.4 million. Balance of Trade in Malta averaged -115986.55 EUR Thousand from 1996 until 2018, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -556234 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 10:00 AM Balance of Trade €-118.0M €-223.0M €-180M
2018-03-12 10:00 AM Balance of Trade €-204.5M €-118.0M €-340M
2018-04-09 09:00 AM Balance of Trade €-156.9M €-204.5M €-132M
2018-05-10 09:00 AM Balance of Trade €-156.9M €-220M
2018-06-11 09:00 AM Balance of Trade
2018-07-10 09:00 AM Balance of Trade

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -156939.00 -204498.00 -7900.00 -556234.00 EUR Thousand [+]
Exports 240974.00 272478.00 669600.00 103400.00 EUR Thousand [+]
Imports 397913.00 476976.00 835700.00 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 122433.26 124769.35 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-156939.00 -204498.00 -7900.00 -556234.00 1996 - 2018 EUR Thousand Monthly

balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18