Malta-Norway Bilateral Trade Analysis 2023

Complete trade statistics: $73.30M total volume •Malta surplus: $73.30M

MaltaNorway

$73.30M

Exports (2023)

NorwayMalta

$0

Imports (2023)

Trade Balance

$73.30M

Surplus for Malta

Total Trade

$73.30M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Malta and Norway. 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-Norway commercial relationship and competitive positioning in global markets.

MaltaNorway Exports

$73.30M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
79.9% top product
1Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods
$58.57M
79.9% of exports
2Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$4.01M
5.5% of exports
3Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title
$1.80M
2.5% of exports
4Printed matter: n.e.c. in heading no. 4911
$1.17M
1.6% of exports
5Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018
$809,818
1.1% of exports

🎯 Strategic Export Focus

Malta's export portfolio to Norway demonstrates strategic specialization, with vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods representing a key competitive advantage in this bilateral market.

NorwayMalta Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Iron or steel: structures and parts thereof, n.e.c. in heading 7308
$2.98M
Infinity% of imports
2Pulley tackle and hoists: not powered by an electric motor (excluding skip hoists or hoists of a kind used for raising vehicles)
$856,513
Infinity% of imports
3Fish: frozen, herrings (Clupea harengus, Clupea pallasii), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$845,288
Infinity% of imports
4Fish: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$828,756
Infinity% of imports
5Navigational instruments and appliances: for navigation other than aeronautical or space navigation (excluding direction finding compasses)
$812,286
Infinity% of imports

📦 Import Strategy Analysis

Malta's import pattern from Norway reveals significant dependencyin iron or steel: structures and parts thereof, n.e.c. in heading 7308, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Malta demonstrates competitive strength in exportingvessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods to Norway, 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 $73.30M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Malta-Norway Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $73.30 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Malta maintains a surplus of $73.30 million
  • Export Focus: Malta's primary exports include vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title
  • Import Dependencies: Key imports from Norway include iron or steel: structures and parts thereof, n.e.c. in heading 7308, pulley tackle and hoists: not powered by an electric motor (excluding skip hoists or hoists of a kind used for raising vehicles), fish: frozen, herrings (clupea harengus, clupea pallasii), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99

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 $73.30M 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 vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods.

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 vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goodscomplements Norway's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in iron or steel: structures and parts thereof, n.e.c. in heading 7308.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $73.30M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $73.30M 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 $73.30 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods and iron or steel: structures and parts thereof, n.e.c. in heading 7308 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Malta's trade surplus of $73.30 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 medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale present expansion opportunities.
Market Diversification
Beyond current focus on iron or steel: structures and parts thereof, n.e.c. in heading 7308, 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 vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods 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 Norway represents a total trade volume of $73.30 million in 2023. This partnership demonstrates a favorable trade balance for Malta, with exports exceeding importsby $73.30 million.

Export Strengths

Malta's exports to Norway total $73.30 million, with competitive advantages in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, representing $58.57M or79.9% of bilateral exports.

Import Dependencies

Imports from Norway amount to $0.00, highlighting economic interdependence in iron or steel: structures and parts thereof, n.e.c. in heading 7308, with Iron or steel: structures and parts thereof, n.e.c. in heading 7308 comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Malta'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