Key Market Indicators
Maltese fabric exports are projected to reach $20.9 million by 2026, down 3.7% from $26.0 million in 2021. This follows an average yearly increase of 0.6% since 1999. In 2021, Malta ranked 47th in the world, overtaken by Slovenia at $26 million. South Korea, Italy, and Germany ranked 2nd, 3rd, and 4th, respectively. Meanwhile, Maltese fabric imports totalled $314.2 million in 2021, down 2.8% from the previous year. Since 1999, the country has seen an average yearly decrease of 11.2%. In 2021, Malta was 111th in the world, overtaken by Namibia at $314 million. Indonesia, China, and the United States ranked 2nd, 3rd, and 4th, respectively.