Malta is a small, developed, democratic Mediterranean island nation, located 60 miles south of Sicily at the crossroads of Southern Europe, North Africa, and the Middle East. Its population of about 493,500 is largely homogeneous and Roman Catholic. English is one of the two official languages and is widely spoken.
Malta joined the European Union in 2004, the Schengen visa system in 2007, and the Eurozone in 2008. The European Union is Malta’s major trading partner; accounting for more than half of Malta’s imports (approximately 66 percent) and 45 percent of Malta’s exports.
The United States is Malta’s second largest trading partner outside of the EU. Trade volume with the United States has been stable in recent years. Trade in U.S. goods is actually underreported, since many products are sold through European subsidiaries of U.S. companies. Direct production still accounts for more than one-third of Malta’s GDP. The contribution of the services sector, particularly tourism, financial services, and wholesale and retail trade, account for some 30 – 40 percent of GDP. Pre-pandemic, more than 2 million tourists visited Malta annually.
The Country Commercial Guide (CCG) provides a comprehensive annual overview of Malta’s commercial environment through economic and market analysis and identifies the sectors which offer the best prospects for American exporters.
The CCG is available HERE.
Find U.S. Products and Companies
If you are a Maltese company and are looking for new products to import or searching for U.S. companies for new business opportunities, please contact us with your interest by sending an email to email@example.com. We will be happy to assist you in your search.