Following our analysis on Med trade in goods and services, a similar analysis was conducted only for goods. As per our previous post, France, Italy, and Spain emerged as the top three importers and exporters for goods in the region. Despite reporting a trade surplus for trade in goods and services, Spain, Israel, Slovenia, Malta and Libya reported a trade deficit for trade only in goods. Montenegro, Albania and Malta exhibited the lowest levels of imports and exports for goods.

Note: Analysis produced by Alma Economics based on the most recent data from the UN Comtrade database. Values are shown in 2022 US$, in billions. Due to a lack of available data, the latest available figures were used for Libya (2019). Syria and Algeria were excluded from this analysis due to the unavailability of recent UN Comtrade data.  

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