Seafood Exports of Malta: The Role in Global Trade

The tragic shift of the global consumer population towards a healthy diet to maintain the nutrient intake per day has driven the global seafood export. Seafood has an abundance of nutrient-rich components, whichon consumption, promote the metabolism and the immune system functioning of the consumer's body. Malta Import Data says, the island country in southern Europe on the central Mediterranean Sea alongside the south of Italy, has solidified itself as a leading exporter of seafood in the international trade market due to the reliable access to rich fishing grounds and a closer proximity to major European seafood markets. The coastal waters suitable for oyster farming and the establishment of local fishing fleets in the region have promoted the seafood export of Malta.

The sustainable fishing practices and the specialization in Mediterranean seafood varieties have resulted in an export trade value of seafood worth 6 billion US dollars in 2024. The participation in Mediterranean seafood trade networks and the compliance with EU hygiene and safety regulations have benefited the export trade market of seafood from Malta. Subscribe to Import Globals, the leading Malta import export trade provider, to stay updated with the latest information regarding the seafood export of Malta via the Malta trade data.

THE TOP GOVERNMENT INITIATIVES SUPPORTING THE SEAFOOD EXPORT OF MALTA IN 2024

The Aquaculture Fund for Sustainable Practices, launched by the government authorities to minimize the ecological impact, has financed the small-scale projects for the promotion of environmentally sustainable aquaculture practices. It has enhanced the long-term viability of different sectors. The overall exploration of the Treasures of Sea campaign was primarily raised by the government authorities for educating the public on the nutritional value of fish species. This has raised public awareness about sustainable fish consumption while increasing the productivity rate. 

The development of Malta's first aquaculture and fisheries research centre was a significant step toward enhancing scientific research and development. This initiative has boosted innovation while reinforcing the country's position as a top centre for aquaculture and fisheries research zones. The National Food Strategy was further launched to reduce poverty and food insecurity. It has targeted the food system issues via the implementation of income support programs.

THE LEADING VARIANTS OF SEAFOOD EXPORTED FROM MALTA

Malta, with its expertise in packaging for international standards and quality control in harvesting and storage, has recorded diversification in its export portfolio. According to the Malta Export Data, the top 10 leading variants of seafood exported from the nation in 2024 are,

  • Bluefin Tuna - The annual valuation of Bluefin Tuna exported from Malta in 2024 - 2.91 billion US dollars 
  • Swordfish - The annual valuation of Swordfish exported from Malta in 2024 - 1.87 billion US dollars
  • Sea Bass - The annual valuation of Sea Bass exported from Malta in 2024 - 1.42 billion US dollars
  • Sea Bream - The annual valuation of Sea Bream exported from Malta in 2024 - 1.24 billion US dollars 
  • Mussels - The annual valuation of Mussels exported from Malta in 2024 - 1 billion US dollars 
  • Oysters - The annual valuation of Oysters exported from Malta in 2024 - 987 million US dollars
  • Octopus - The annual valuation of Octopus exported from Malta in 2024 - 819 million US dollars
  • Squid - The annual valuation of Squid exported from Malta in 2024 - 768 million US dollars
  • Anchovies - The annual valuation of Anchovies exported from Malta in 2024 - 678 million US dollars
  • Mackerel - The annual valuation of Mackerel exported from Malta in 2024 - 445 million US dollars 

TOP 10 EXPORT TRADE PARTNERS OF MALTA IN 2024

The export agreements signed with the neighbouring countries and the efforts towards promotion of export agencies have contributed to the stronger relationship with the top seafood-importing nations. As per the Malta Customs Data, the top 10 export trade partners of the nation for seafood export in 2024 are,

  1. Germany - The total valuation of seafood exported from Malta to Germany in 2024 - 2 billion US dollars 

Top 5 variants of seafood exported 

  • Bluefin Tuna
  • Swordfish
  • Sea Bass
  • Sea Bream
  • Mackerel
  1. United States - The total valuation of seafood exported from Malta to United States in 2024 - 1.78 billion US dollars 

Top 5 variants of seafood exported

  • Anchovies
  • Sardines
  • Herring
  • Grouper
  • Red Snapper
  1. Italy - The total valuation of seafood exported from Malta to Italy in 2024 - 1.54 billion US dollars 

Top 5 variants of seafood exported 

  • Octopus
  • Squid
  • Cuttlefish
  • Oysters
  • Mussels
  1. Japan - The total valuation of seafood exported from Malta to Japan in 2024 - 1 billion US dollars 

Top 5 variants of seafood exported 

  • Clams
  • Scallops
  • Prawns
  • Shrimps
  • Lobster
  1. Singapore - The total valuation of seafood exported from Malta to Singapore in 2024 - 819 million US dollars 

Top 5 variants of seafood exported

  • Crayfish
  • Crabs
  • Langoustines
  • Mullet
  • Tilapia
  1. Greece - The total valuation of seafood exported from Malta to Greece in 2024 - 768 million US dollars 

Top 5 variants of seafood exported 

  • Cod
  • Haddock
  • Hake
  • Sole
  • Flounder
  1. United Kingdom - The total valuation of seafood exported from Malta to the United Kingdom in 2024 - 654 million US dollars 

Top 5 variants of seafood exported 

  • John Dory
  • Monkfish
  • Plaice
  • Brill
  • Turbot
  1. Hong Kong - The total valuation of seafood exported from Malta to Hong Kong in 2024 - 478 million US dollars 

Top 5 variants of seafood exported 

  • Anchoveta
  • Sardinella
  • Bonito
  • Albacore
  • Yellowfin Tuna
  1. Turkey - The total valuation of seafood exported from Malta to Turkey in 2024 - 343 million US dollars 

Top 5 variants of seafood exported 

  • Bigeye Tuna
  • Escolar
  • Anchovy paste
  • Tuna fillets
  • Swordfish steaks
  1. Netherlands - The total valuation of seafood exported from Malta to the Netherlands in 2024 - 268 million US dollars 

Top 5 variants of seafood exported 

  • Sardine fillets
  • Mackerel fillets
  • Fish roe
  • Caviar
  • Smoked salmon

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