Malte Balance Commerciale

Malta’s trade deficit narrowed to €286.0 million in October from €331.9 million a year earlier, marking the lowest reading since May. Imports fell 12.6% year-on-year to €767.1 million, driven by lower purchases of machinery and transport equipment (€94.9 million), mineral fuels, lubricants and related materials (€38.2 million), and miscellaneous transactions and commodities (€15.7 million). Imports were mainly sourced from the EU (61.5%) and Asia (19.4%), with the Netherlands posting the largest increase (€148.7 million) and Italy the largest decline (€202.5 million). Exports declined 11.8% to €481.1 million, pressured by food (€34.7 million), chemicals (€18.9 million), and mineral fuels, lubricants and related materials (€15.7 million). Shipments to Turkey rose €66.1 million, while exports to the US dropped €115.6 million. Over the first ten months of 2025, the trade deficit narrowed by €267.3 million to €3,965.9 million.