NSO figures show a consistent decrease in both imports and exports.

May 12, 2014

Preliminary figures show that Malta registered a trade deficit of €122.2 million in March, compared to €76.3 million in the corresponding month last year. Provisional data for international trade show that the trade deficit in March stood at €122.2 million, up by €45.9 million when compared to the corresponding month in 2013. There were decreases in both imports and exports of €14.1 million and €60.0 million respectively. The decrease in the value of imports was primarily due to machinery and transport equipment, with other declines registered in food, miscellaneous manufactured articles, miscellaneous transactions and commodities, chemicals, and animal and vegetable oils and fats.  Machinery and transport equipment accounted also for the main decrease in the value of exports when compared to the corresponding month last year. Other notable drops were registered for mineral fuels, lubricants and related materials, chemicals, miscellaneous manufactured articles, semi-manufactured goods.