Malta, an island republic at the meeting point of North Africa and Europe, is a major exporter of electronics, medicines, and refined fuels. It is a re-export hub for products traveling across the Mediterranean due to its advantageous position and freeport amenities. The capital, Valletta, is the hub of the country's banking and marine sectors. As per Malta export data, Malta has a population of around 0.5 million and a GDP of about USD 20 billion. It is expected to export over USD 6 billion in 2024, demonstrating its significance in transit commerce and specialized high-value manufacturing.