Malta import Statistics

Malta Import Data

The Republic of Malta is another name for Malta. It is an EU member state that is an island nation. As an island nation, it borders Libya and Italy through the sea. The majority religion practiced by individuals is Catholicism. The minority is made up of other religions. According to Malta trade statistics, Malta ranked 124th out of 226 nations in terms of total imports in 2023. In today's globalized world, trade between countries has become essential for economic growth and development. Malta, a small island nation located in the Mediterranean Sea, relies heavily on imports to meet its domestic requirements and to drive its economy forward. Understanding Malta's import data is crucial for businesses and policymakers alike, as it provides valuable insights into the country's trade dynamics, market opportunities, and potential challenges.

Malta's import data indicates that in 2023, the value of its goods imports reached $8.39 billion. Malta saw a 2% decline in goods imports in comparison to the previous year. Based on Malta shipment data for 2023, mineral fuels and oils are Malta’s biggest imports, while Italy is its biggest import partner. Malta’s GDP is $20.96 billion, with a GDP import share of 56.2%. Malta is a part of trading blocs such as the EU, WTO, and GATT. Let us delve into Malta's import data for 2023, exploring key trends and analyzing their implications. 

 Malta Import Data | Malta Statistical Data

124

The country has been ranked 124th in global imports, showing a significant position in the international trade landscape.

0.08%

With a mere 0.08% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

Italy

Italy holds a significant role as the largest import partner of the country in terms of goods imports.

MINERAL FUELS AND OILS

Mineral fuels and oils are the major and biggest import commodities of the country, playing a vital role in its economy.

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import

Top 10 imports of Malta: Malta Import Data by HS Code

Malta, located at the crossroads of Europe, North Africa, and the Middle East, has a diverse import market. The top 10 imports of Malta reflect its thriving economy and its reliance on a wide range of goods. The top 10 imports of Malta in 2023 according to Malta import data and Malta trade data are: 

  • Mineral fuels and oils (HS code 27): 16.11% ($1.35 billion) 
  • Electrical machinery and equipment (HS code 85): 13.6% ($1.14 billion)
  • Ships, boats, and floating structures (HS code 89): 8.78% ($736.69 million)
  • Aircraft, spacecraft, and parts thereof (HS code 88): 6.81% ($571.79 million)
  • Nuclear reactors and machinery (HS code 84): 6.11% ($512.47 million)
  • Vehicles (HS code 87): 5.24% ($439.91 million)
  • Pharmaceutical products (HS code 30): 4.93% ($413.84 million)
  • Plastics and articles thereof (HS code 39): 2.91% ($244.19 million)
  • Fish and other aquatic invertebrates (HS code 03): 2.52% ($211.82 million)
  • Paper and paperboard (HS code HS code 48): 1.85% ($155.59 million) 
  • Partners

    Top 10 Import Partners of Malta: Malta Import Data by Country

    Moreover, Malta has established strong import partnerships with various countries. The top 10 import partners of Malta include Italy, Canada, France, and Spain. These partnerships have contributed significantly to Malta's import industry. Malta’s top 10 import partners in 2023 as per Malta trade data and Malta shipment data include:

    Value In Percentage(%)

  • Italy: 22.9% (1.92 billion US$)
  • Germany: 9% (751.33 million US$)
  • France: 8.6% (722.53 million US$)
  • Spain: 6.3% (529.48 million US$)
  • Netherlands: 5.3% (447.26 million US$)
  • United Kingdom: 5.3% (445.38 million US$)
  • China: 4.5% (378.64 million US$)
  • India: 3.4% (287.09 million US$)
  • USA: 3.2% (270.44 million US$)
  • South Korea: 2.7% (229.71 million US$)
  • Sample Data

    What is Malta Statistical data for Imports?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Malta's import data which comes under the statistical database refers to the trade records and statistics that capture the inflow of goods and services into Malta from foreign markets. It includes detailed information about the volume, value, origin, and nature of imported goods, as well as the parties involved in the trade transactions. Import data provides a comprehensive picture of a country's international trade patterns, helping to identify its major trading partners, main imports, and sectors of strategic importance. Malta statistical data shows that the value of goods imported to Malta in 2023 was $8.39 billion. The information we provide you in Malta import data and shipment data is quite insightful and helpful. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from establishments, other shipping firms, and approved ports in Malta. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Malta Import Data
    ID 7909 MONTH Jul-24
    FLOW Import STAT REGIME Normal
    HS CODE 01051200 PRODUCT DESCRIPTION Live domestic turkeys, weighing <= 185 g
    IMPORTER COUNTRY Malta ORIGIN COUNTRY United Kingdom
    TRADE TYPE Extra-EU Trade SUP QUANTITY 1000
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 51
    US CIF 4023 VALUE IN EUROS 3711
    Benefits

    Benefits of Malta Import Data

  • Acquire business leads from Malta's import market.
  • Recognize Malta's aspirations in the industry.
  • Get access to Malta’s import trends.
  • Increase your revenue with a data-driven strategy.
  • Find information on Malta's import market.
  • Achieve future business goals with better reports.
  • Frequently Asked Questions!!

    According to the Malta trade statistics and import data, Malta's imports amounted to $8.39 billion in 2023.

    Based on Malta trade activities for 2023, the top import partners of Malta are Italy, Germany, France, Spain, and the Netherlands. 

    As per Malta trade records, the main products that Malta imports include mineral fuels and oils, electrical machinery, and ships and boats. 

    Yes, there has been a slight decrease in Malta's imports with a decline of 2% in 2023 compared to the previous year. 

    Over the past decade, Malta's imports have been steadily increasing.

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