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

The trade deficit of Malta decreased to EUR 176.7 million in August 2017 from EUR 226.8 million gap a year ago. Exports declined 23 percent year-on-year to EUR 203.9 million with the biggest decreases reported for mineral fuels, lubricants and related (-50 percent); chemicals (-18 percent) and miscellaneous manufactured articles (-15 percent). Exports fell the most to Egypt (-31 percent), France (-11 percent) and Germany (-10 percent). Imports tumbled 23 percent to EUR 380.6 million due to lower sales of mineral fuels, lubricants and related (-53 percent) and semi-manufactured goods (-21 percent). The biggest decreases in purchases were registered for the US (-59 percent), Italy (-30 percent) and the Netherlands (-22 percent). Considering the January to August period, both exports and imports declined 31 percent and 13 percent respectively, whereas the trade deficit widened to EUR 2281 million from EUR 2065.3 million over a year earlier. Balance of Trade in Malta averaged -117881.16 EUR Thousand from 1996 until 2017, reaching an all time high of -7900 EUR Thousand in December of 2002 and a record low of -566227 EUR Thousand in February of 2016.

Malta Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-09 09:30 AM Balance of Trade €-194.5M €-501.5M €-387M
2017-09-11 09:00 AM Balance of Trade €-272.1M €-194.5M €-171M
2017-10-10 09:05 AM Balance of Trade €-176.7M €-272.1M €-256M
2017-11-09 10:00 AM Balance of Trade
2017-12-05 10:00 AM Balance of Trade

Malta Trade Last Previous Highest Lowest Unit
Balance of Trade -176700.00 -272109.00 -7900.00 -566227.00 EUR Thousand [+]
Exports 203900.00 222474.00 669616.00 103400.00 EUR Thousand [+]
Imports 380600.00 494584.00 835683.00 162800.00 EUR Thousand [+]
Current Account 440560.00 56944.00 440560.00 -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 589851.00 474872.00 672819.00 -527139.00 EUR Thousand [+]
Tourist Arrivals 288032.60 256509.30 288032.60 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

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-176700.00 -272109.00 -7900.00 -566227.00 1996 - 2017 EUR Thousand Monthly

balance of trade by Country

Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17