What is the value of US trade with Malta?
Updated annually
$1.09 billion in imports and $803 million in exports in 2024. That means that the US imported $283 million more from Malta than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$1.09B
Value of imports from Malta to the US (2024)
$803M
Value of exports from the US to Malta (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks Malta as the US’ 68th top trading partner: In 2024, the US traded $1.89 billion in goods and services with Malta. Countries with similar trade values include Croatia ($2.99B) and Estonia ($1.86B).
In 2024, the US traded $1.89 billion in goods and services with Malta.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US has had a trade deficit with Malta every year from 2020 through 2024. The 2024 deficit was $283 million, a decrease from 2023's deficit of $275 million.
The trade deficit with Malta increased to $283M in 2024.
Annual trade balance with Malta, not adjusted for inflation
In 2024, 79.7% of imports from Malta to the US were services. The largest category was travel (money leaving the US by Americans spending on things like lodging, meals, transportation, and entertainment abroad), accounting for $96 million. The top three imports were travel, telecommunications and information services, and government goods and services. These categories accounted for $164 million of total imports.
The other 20.3% were goods, with capital goods (tools used for the production process, like machinery and equipment) being the largest goods category. Capital goods accounted for $151 million.
Services made up 79.7% of US imports from Malta in 2024.
US imports from Malta by category (2024)
In 2024, more US exports to Malta were services — 54.9%. The largest export was financial services (services normally provided by banks and other financial institutions), which accounted for a value of $156 million. The top three exports were financial services, business services (like R&D, consulting, and tech services), and travel (money entering the US from foreign visitors on expenses like lodging, meals, transportation, and entertainment). These categories accounted for $300 million of exports to Malta.
The other 45.2% were goods, with capital goods being the largest goods category. Capital goods accounted for $279 million.
Capital goods made up 34.7% of US exports to Malta in 2024.
US exports to Malta by category (2024)
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
