Malta-Greece Bilateral Trade Analysis 2023

Complete trade statistics: $232.99M total volume •Malta deficit: $232.99M

MaltaGreece

$0

Exports (2023)

GreeceMalta

$232.99M

Imports (2023)

Trade Balance

$232.99M

Deficit for Malta

Total Trade

$232.99M

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

MaltaGreece Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)
$6.98M
Infinity% of exports
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 exports
3Wheat gluten: whether or not dried
$5.84M
Infinity% of exports
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 exports
5Engines: parts for internal combustion piston engines (excluding spark-ignition)
$3.20M
Infinity% of exports

🎯 Strategic Export Focus

Malta's export portfolio to Greece demonstrates strategic specialization, with engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) representing a key competitive advantage in this bilateral market.

GreeceMalta Imports

$232.99M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
37.3% concentration
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 imports
2Cigarettes: containing tobacco
$16.67M
7.2% of imports
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 imports
4Motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable
$8.49M
3.6% of imports
5Petroleum bitumen: obtained from bituminous minerals
$8.34M
3.6% of imports

📦 Import Strategy Analysis

Malta's import pattern from Greece reveals significant dependencyin 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, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Malta demonstrates competitive strength in exportingengines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) to Greece, 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: Malta-Greece Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $232.99 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Malta maintains a deficit of $232.99 million
  • Export Focus: Malta's primary exports 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
  • Import Dependencies: Key imports from Greece 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

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 Malta leveraging its comparative advantages in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft).

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

Malta's specialization in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)complements Greece's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly 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.

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 engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) and 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 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Malta's trade deficit of $232.99 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation 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 present expansion opportunities.
Market Diversification
Beyond current focus on 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, 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 engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) 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 Malta and Greece represents a total trade volume of $232.99 million in 2023. This partnership demonstrates an unfavorable trade balance for Malta, with imports exceeding exportsby $232.99 million.

Export Strengths

Malta's exports to Greece total $0.00, with competitive advantages in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), representing $6.98M orInfinity% of bilateral exports.

Import Dependencies

Imports from Greece amount to $232.99 million, highlighting economic interdependence 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, 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 comprising37.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Malta's strategic sourcing from Greece. 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