Greece-Malta Bilateral Trade Analysis 2023

Complete trade statistics: $232.99M total volume •Greece surplus: $232.99M

GreeceMalta

$232.99M

Exports (2023)

MaltaGreece

$0

Imports (2023)

Trade Balance

$232.99M

Surplus for Greece

Total Trade

$232.99M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Greece and Malta. Green line shows exports from Greece, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Greece-Malta commercial relationship and competitive positioning in global markets.

GreeceMalta Exports

$232.99M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
37.3% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$86.84M
37.3% of exports
2Cigarettes: containing tobacco
$16.67M
7.2% of exports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$13.38M
5.7% of exports
4Motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable
$8.49M
3.6% of exports
5Petroleum bitumen: obtained from bituminous minerals
$8.34M
3.6% of exports

🎯 Strategic Export Focus

Greece's export portfolio to Malta demonstrates strategic specialization, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

MaltaGreece Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)
$6.98M
Infinity% of imports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$5.95M
Infinity% of imports
3Wheat gluten: whether or not dried
$5.84M
Infinity% of imports
4Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$5.44M
Infinity% of imports
5Engines: parts for internal combustion piston engines (excluding spark-ignition)
$3.20M
Infinity% of imports

📦 Import Strategy Analysis

Greece's import pattern from Malta reveals significant dependencyin engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Greece demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Malta, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $232.99M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Greece-Malta Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $232.99 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Greece maintains a surplus of $232.99 million
  • Export Focus: Greece's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, cigarettes: containing tobacco, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
  • Import Dependencies: Key imports from Malta include engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, wheat gluten: whether or not dried

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $232.99M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Greece leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Greece's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Malta's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $232.99M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $232.99M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $232.99 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Greece's trade surplus of $232.99 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cigarettes: containing tobacco present expansion opportunities.
Market Diversification
Beyond current focus on engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Greece and Malta represents a total trade volume of $232.99 million in 2023. This partnership demonstrates a favorable trade balance for Greece, with exports exceeding importsby $232.99 million.

Export Strengths

Greece's exports to Malta total $232.99 million, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $86.84M or37.3% of bilateral exports.

Import Dependencies

Imports from Malta amount to $0.00, highlighting economic interdependence in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), with Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Greece's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023