Malta Trade Deficit Narrows in September

Malta’s trade deficit narrowed to €191.7 million in December 2025 from €368.5 million a year earlier. Exports rose 15.2% year-on-year to €455.9 million, boosted by higher sales of mineral fuels, lubricants and related materials (€59.1 million). Shipments to Turkey recorded the highest increase (€45.5 million), while shipments to the United States of America posted the largest decrease (€110.3 million). Meanwhile, imports declined 15.1% to €647.6 million, weighed down by reduced purchases in mineral fuels, lubricants and related materials (€75.8 million) and machinery and transport equipment (€41.6 million). Imports from Italy registered the largest drop (€172.4 million), while imports from the Netherlands recorded the highest increase (€193 million). For full-year 2025, the trade deficit narrowed by €444.1 million to €4,321.0 million.

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.

Malta’s trade deficit narrowed to €307.8 million in September from €343.4 million a year earlier. Imports fell by €43.6 million to €768.3 million, mainly driven by lower purchases of mineral fuels, lubricants, and related materials (€41.1 million) and miscellaneous commodities (€12.0 million). Imports were primarily sourced from the EU (62.3%) and Asia (19.2%), with the Netherlands seeing the largest increase (€133.3 million) and Italy the largest drop (€167.2 million). Exports fell €8.0 million to €460.5 million, weighed down by mineral fuels (€34.5 million) and miscellaneous goods, partially offset by gains in machinery (€31.9 million) and chemicals (€13.4 million). Exports to Turkey rose €79.5 million, while shipments to the US fell €117.0 million. Over the first nine months, the deficit narrowed by €278.4 million to €3,619.4 million.