Imports to Malta surged 35.6 percent year-on-year to EUR 597.7 million in February 2019, boosted by purchases of machinery & transport equipment (163.8%); chemicals (3.5%) and semi-manufactured goods (3.6 percent). In contrast, imports declined mostly for mineral fuels, lubricants (-28.9%). Among major trading partners, imports from the EU countries surged 71.7% to EUR 461.1 million while those from Asia fell 14.7% to EUR 65.6 million. Imports in Malta averaged 347418.58 EUR Thousand from 1996 until 2019, reaching an all time high of 835714 EUR Thousand in November of 2011 and a record low of 162800 EUR Thousand in August of 1997.
Imports in Malta is expected to be 592600.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Malta to stand at 498400.00 in 12 months time. In the long-term, the Malta Imports is projected to trend around 501400.00 EUR Thousand in 2020, according to our econometric models.