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Malta
| Economy Overview |
| Major resources are limestone, a favorable geographic location, and a productive labor force. Malta produces only about 20% of its food needs, has limited fresh water supplies, and has no domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics and textiles), and tourism. Continued sluggishness in the European economy is holding back exports, tourism, and overall growth. |
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| Economy Statistics |
| Exports: |
$2.625 billion f.o.b. (2004 est.) [?]
This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Export Commodities: |
machinery and transport equipment, manufactures [?]
This entry provides a rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
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Export Partners: |
US 15.7%, France 15.5%, Singapore 14.5%, UK 11.2%, Germany 10.8% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Imports: |
$3.407 billion f.o.b. (2004 est.) [?]
This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Import Commodities: |
machinery and transport equipment, manufactured and semi-manufactured goods; food, drink, and tobacco [?]
This entry provides a rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
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Import Partners: |
Italy 25.4%, France 13.1%, UK 12%, Germany 8.9%, US 5.2%, Singapore 4.1% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Malta Chamber of Commerce and Enterprise |
| Address: |
Exchange Buildings,
Republic Street,
Valletta VLT05,
Malta |
| Phone: |
(+356) 21 233 873 |
| Fax: |
(+356) 21 245 223 |
| Website: |
http://www.chamber.org.mt/ |
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