FX.co ★ Malta Trade Gap Largest in 8 Months

Malta experienced a widening of its trade deficit in April 2025, reaching EUR 401.3 million, up from EUR 364.2 million in the same month the previous year. This represents the most significant trade gap since August of the prior year, driven by increased imports alongside a decline in exports. Compared to the previous year, imports rose by 1.4%, totaling EUR 721 million, with significant contributions from industrial supplies, which grew by 14.3%, and fuels and lubricants, up by 10.8%. Conversely, exports fell by 7.7%, hitting a two-year low of EUR 319.7 million, primarily due to decreased shipments in capital goods and other categories (down 21.7%), consumer goods (down 12.9%), and industrial supplies (down 6.4%). For the initial four months of the year, Malta's trade deficit decreased to EUR 1,193.7 million from EUR 1,227.3 million during the same period the previous year.