In 2022, consistent with their position as the largest economies in the Med region, France, Italy, and Spain emerged as the top three importers and exporters in the region. Conversely, Syria, Montenegro, and Albania exhibited the lowest levels of imports and exports. Notably, most countries in the region reported a trade deficit although Spain, Israel, Slovenia, Algeria, Malta, and Libya reported a trade surplus.
Note: Analysis produced by Alma Economics based on the most recent data from the World Bank database. Values are shown in 2022 US$, in billions. Due to a lack of available data, the latest available figures were used for the following countries: Libya (2019), Lebanon (2021) and Syria (2020).
For more information and to explore data relating to the Mediterranean, visit www.mgi.online