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

Malta's trade gap increased to EUR 223.0 million in November of 2017 from a EUR 112.5 million gap a year earlier. Imports advanced 8.8 percent year-on-year to EUR 493.6 million, mainly due to a 26.3 percent rise in purchases of mineral fuels, lubricants and related materials. Exports declined 20.6 percent to EUR 270.6 million, mainly boosted by a drop in sales of mineral fuels, lubricants and related materials (-49.8 percent) and food (-40.1 percent). The EU accounted for 50 percent of total trade: sales to the common bloc went up 8.5 percent and purchases advanced 2.5 percent. Considering the January to November period, Malta's trade deficit widened by EUR 460.1 million to EUR 3,078.1 million. Exports shrank 26.8 percent yoy and imports decreased 7.7 percent. Balance of Trade in Malta averaged -119289.68 EUR Thousand from 1996 until 2017, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -566340 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 10:00 AM Balance of Trade €-298.1M €-176.7M €-240M
2017-12-11 10:00 AM Balance of Trade €-239.7M €-298.1M €-306M
2018-01-09 10:00 AM Balance of Trade €-223.0M €-239.7M €-142M
2018-02-09 10:00 AM Balance of Trade €-223.0M € -221.2M
2018-03-10 10:00 AM Balance of Trade € -214.4M
2018-04-10 09:00 AM Balance of Trade € -202.2M

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -223000.00 -239686.00 -7900.00 -566340.00 EUR Thousand [+]
Exports 270600.00 301670.00 669616.00 103400.00 EUR Thousand [+]
Imports 493600.00 541357.00 835683.00 162800.00 EUR Thousand [+]
Current Account 443323.00 440560.00 443323.00 -313524.00 EUR Thousand [+]
Current Account to GDP 7.90 5.30 9.70 -12.40 percent [+]
External Debt 87542.80 87888.90 96841.50 1589.50 EUR Million [+]
Capital Flows 105283.00 589851.00 672819.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 167101.17 245921.82 288032.60 40412.00 [+]
Gold Reserves 0.09 0.11 0.50 0.08 Tonnes [+]
Foreign Direct Investment 763.60 584.60 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-223000.00 -239686.00 -7900.00 -566340.00 1996 - 2017 EUR Thousand Monthly

balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -1621000.00 Nov/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17