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Malta import

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. Malta ranked 84th out of 226 nations in terms of total imports in 2022, according to import data. 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 2022, the value of its goods imports reached $8.57 billion. Malta saw a 19.9% rise in goods imports in comparison to 2021. In 2022, imports of goods increased by $1.42 billion. Let us delve into Malta's import data for 2022, exploring key trends and analyzing their implications.

Malta Import Data | Malta Customs Data

121

The country has been ranked 121th in global imports, showing a significant position in the international trade landscape.

0.09%

With a mere 0.09% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

Italy

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

OTHER AIRCRAFT AND SPACECRAFT

Aircraft and spacecraft are the major and biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 imports of Malta

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 2022 according to its import data are:

  • Other aircraft and spacecraft: 15.3% ($1.31 billion)
  • Petroleum oils and oils from bituminous minerals: 14.2% ($1.21 billion)
  • Electronic integrated circuits: 6.44% ($551 million) 
  • Yachts and vessels for pleasure or sports; rowing boats and canoes: 6.41% ($549 million)
  • Medicaments: 3.83% ($328 million)
  • Electrical energy: 2.52% ($216 million)
  • Petroleum gases and other gaseous hydrocarbons: 2.22% ($190 million)
  • Motor cars and other motor vehicles: 2.03% ($174 million)
  • Live fish: 1.35% ($115 million)
  • Electrical apparatus: 0.923% ($79 million)
    • Partners

    Top 10 Import Partners of Malta

    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 2022 include:

    Value In Percentage(%)

  • Italy: 22% (1.91 billion US$)
  • Canada: 9.41% (806 million US$)
  • France: 6.56% (562 million US$)
  • Spain: 5.64% (483 million US$)
  • Germany: 5.07% (434 million US$)
  • Greece: 4.89% (419 million US$)
  • China: 4.51% (386 million US$)
  • Netherlands: 4.44% (381 million US$)
  • United Kingdom: 4.07% (348 million US$)
  • Ireland: 3.28% (280 million US$)
    • Sample Data

    What is Malta's import data?

    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.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the 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's import data refers to the records and statistics that capture the inflow of goods and services into the country 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 customs data shows that the value of goods imported to Malta in 2022 was $8.56 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. HS codes and product descriptions, which include the amount, price, and units of each product being sent, are among the many fields that are included in Malta import data.

    Benefits

    Benefits of Malta Import Data

  • Acquire business leads from Malta's market.
  • Recognize Malta's aspirations in the industry.
  • Watch out for your competitors and overtake them in the rankings.
  • Increase your revenue with a data-driven strategy.
  • Find genuine buyers from Malta's import market.
  • Achieve future business goals with better reports.

    • Frequently Asked Questions!!

    According to the Malta import data, Malta's imports amounted to $8.56 billion in 2022.

    As of 2022, the top import partners of Malta are Italy, Germany, France, China, and the United Kingdom.

    The main products that Malta imports include machinery and mechanical appliances, mineral fuels and oils, pharmaceuticals, electrical machinery and equipment, and vehicles.

    Yes, there has been a significant increase in Malta's imports with an increase of 19.9% in 2022 compared to the previous year.

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

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