Trade

Trade is key to the promotion of prosperity, progress and stability in the Mediterranean region. The importance of trade as a channel for economic growth is reflected in agreements between Med countries such as the Euro-Mediterranean Free Trade Area and the Agadir agreement in the North Africa region aiming to further liberalise trade in goods and services, lower barriers, and promote trade integration.

In this series of infographics, we explore key trade indicators in the region, including trade openness, intra-Med trade trends, bilateral relationships between Med countries and the world, and streams of imports and exports in key products and services.

To see our latest infographics on Trade, make sure to visit regularly or stay connected through our MGI Twitter and Instagram accounts.

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Trade openness in the Mediterranean region

Smaller Mediterranean economies rely the most on international trade

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Trade balance in the Med region

Malta and Slovenia had the largest trade surplus while Montenegro and Palestinian territories had the largest trade deficit in 2017

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Intra-Med trade

There is substantial scope for expansion in intra-Med trade ties in the future

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Intra-Med trade per capita in 2017

Intra-Med trade is highest in Slovenia and Malta

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Top export by value

Petroleum oil is top export of North African and small Southern EU countries in the Med

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Top import by value

Oil products are in the top of the import list for nearly 3 out of 4 Mediterranean countries

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Med Countries’ top trading partners

Germany , Italy and China are top exporting partners for 2 out of 3 countries in the Med region

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Med Countries’ top trading partners

Italy and Germany are the main destinations for goods produced in the Med region