According to the latest NSO figures, Maltese exports grew substantially in the month of July mainly due to oil-bunkering and export trade as the actual export sector in Malta remains in its subdued trend.
Exports reached €448.8 million in June, up from €380.8 million in the same month last year, representing an increase of 17.9%. Imports stood at €856.8 million, increasing by just 0.4% from €853.2 million in June 2025. Malta therefore registered a goods trade deficit of €408 million, compared with €472.4 million a year earlier.
Once the oil category is removed, Maltese exports increased by only 2.2% in June, reaching €260.4 million. Imports on the same basis increased considerably faster, by 6.1%, to €479.7 million. Consequently, the underlying trade deficit actually widened to €219.3 million, compared with €197.4 million in June last year.
Figures however still show exports remaining subdued on a long-term basis while gradual improvements are being registered this year. Between January and June, Malta exported €2.50 billion worth of goods, up by €251.5 million, or approximately 11.2%, from the corresponding period in 2025. Imports reached €4.41 billion, increasing by €74.1 million, or approximately 1.7% Machinery and transport equipment accounted for the largest increase in exports during the first half, rising by €150.2 million, followed by mineral fuels at €110.1 million and food at €22.3 million. The improvement marks a reversal from 2025, when Malta’s exports had declined substantially. During the whole of 2025, exports fell to €4.89 billion from €5.26 billion in 2024.
The European Union remained Malta’s principal trading market during the first half of the year, accounting for 61.5% of imports and 32.5% of exports. Germany recorded the largest increase in Maltese exports, up by €42.2 million, while exports to Turkey registered the largest decline, falling by €53.8 million.
Newsroom
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