Malta Trade Deficit Narrows Sharply in August

2025-10-10 09:18 By Joana Ferreira 1 min. read

Malta’s trade deficit narrowed sharply to EUR 326.8 million in August 2025 from a revised EUR 881.1 million a year earlier and a record EUR 904.0 million in July.

Imports fell 44.8% year-on-year to EUR 723.7 million, driven by steep declines in purchases of capital goods and other items (-78.2%), fuels and lubricants (-18.2%), and industrial supplies (-3.9%).

In contrast, imports of consumer goods rose 6.4%, boosted by higher food and beverage inflows.

Exports decreased at a slower pace, down 7.9% to EUR 396.9 million, weighed by lower sales of industrial supplies (-14.0%), fuels and lubricants (-12.0%), and capital goods and others (-14.2%).

Exports of consumer goods, however, surged 10.5%.

For the first eight months of 2025, the trade deficit narrowed to EUR 3.24 billion from EUR 3.51 billion in the same period of 2024.



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Malta’s trade deficit narrowed to €286.0 million in October from €331.9 million a year earlier, marking the lowest reading since May. Imports fell 12.6% year-on-year to €767.1 million, driven by lower purchases of machinery and transport equipment (€94.9 million), mineral fuels, lubricants and related materials (€38.2 million), and miscellaneous transactions and commodities (€15.7 million). Imports were mainly sourced from the EU (61.5%) and Asia (19.4%), with the Netherlands posting the largest increase (€148.7 million) and Italy the largest decline (€202.5 million). Exports declined 11.8% to €481.1 million, pressured by food (€34.7 million), chemicals (€18.9 million), and mineral fuels, lubricants and related materials (€15.7 million). Shipments to Turkey rose €66.1 million, while exports to the US dropped €115.6 million. Over the first ten months of 2025, the trade deficit narrowed by €267.3 million to €3,965.9 million.
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Malta Trade Deficit Narrows Sharply in August
Malta’s trade deficit narrowed sharply to EUR 326.8 million in August 2025 from a revised EUR 881.1 million a year earlier and a record EUR 904.0 million in July. Imports fell 44.8% year-on-year to EUR 723.7 million, driven by steep declines in purchases of capital goods and other items (-78.2%), fuels and lubricants (-18.2%), and industrial supplies (-3.9%). In contrast, imports of consumer goods rose 6.4%, boosted by higher food and beverage inflows. Exports decreased at a slower pace, down 7.9% to EUR 396.9 million, weighed by lower sales of industrial supplies (-14.0%), fuels and lubricants (-12.0%), and capital goods and others (-14.2%). Exports of consumer goods, however, surged 10.5%. For the first eight months of 2025, the trade deficit narrowed to EUR 3.24 billion from EUR 3.51 billion in the same period of 2024.
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