FX.co ★ Malta Trade Deficit Narrows in February

In February 2025, Malta's trade deficit decreased to EUR 183.5 million, compared to EUR 195.4 million in the same month the previous year. This improvement was primarily driven by a substantial 21% drop in imports, which totaled EUR 534.6 million. The decline in imports was largely due to a reduction in purchases of industrial supplies by 15.7%, capital goods and others by 48%, consumer goods by 4.7%, and fuels and lubricants by 26.3%. On the export side, there was a decline of 26.6% year-on-year, amounting to EUR 351.1 million. This was influenced by a sharp decrease in the export of capital goods and others by 86% and consumer goods by 16%. However, there was a notable increase in the export of industrial supplies by 11.9% and fuels and lubricants by 1.26%.