Ireland-Malta Bilateral Trade Analysis 2023
Complete trade statistics: $122.60M total volume •Ireland surplus: $122.60M
Ireland → Malta
$122.60M
Exports (2023)
Malta → Ireland
$0
Imports (2023)
Trade Balance
$122.60M
Surplus for Ireland
Total Trade
$122.60M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ireland and Malta. Green line shows exports from Ireland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ireland-Malta commercial relationship and competitive positioning in global markets.
Ireland → Malta Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ireland's export portfolio to Malta demonstrates strategic specialization, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.
Malta → Ireland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ireland's import pattern from Malta reveals significant dependencyin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ireland demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Malta, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $122.60M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ireland-Malta Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $122.60 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ireland maintains a surplus of $122.60 million
- Export Focus: Ireland's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, odoriferous substances and mixtures: of a kind used in the food or drink industries
- Import Dependencies: Key imports from Malta include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale, medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018
Strategic Trade Indicators
📈 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 $122.60M 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 Ireland leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.
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
Comparative Advantage
Ireland's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Malta's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $122.60M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $122.60M 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 $122.60 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ireland's trade surplus of $122.60 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Ireland and Malta represents a total trade volume of $122.60 million in 2023. This partnership demonstrates a favorable trade balance for Ireland, with exports exceeding importsby $122.60 million.
Export Strengths
Ireland's exports to Malta total $122.60 million, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $61.08M or49.8% of bilateral exports.
Import Dependencies
Imports from Malta amount to $0.00, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Ireland'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.
Download Bilateral Trade Data
Access detailed trade data between Ireland and Malta in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023