Tag: imports
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Maltese exports still suppressed despite seasonal bump
Maltese export growth is still very suppressed despite seasonality, with export figures for March and April coming higher than last year, but still failing to point to a strong structural recovery in the country’s goods export base, according to the latest NSO figures. According to the latest international trade figures published by the National Statistics…
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Malta’s foreign trade declining compared to last year
According to the latest NSO statistics, Malta’s foreign trade for May came out less than the same month of last year. Malta also registered a smaller trade deficit as a result with May’s 2025 trade deficit registering at €273.2 million and May 2024 at €388.7 million. Exports in May 2025 decreased by €78.1 million compared…
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Malta’s undocumented Chinese oil imports
The Maltese Herald is conducting a new investigation about Malta’s Chinese oil imports. We noted significant discrepancies from China’s declared oil exports to Malta and the figures provided by the National Statistics Office. We are still trying to understand these discrepancies. Malta has become a major oil trading hub in the Mediterranean with wholesale oil…
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The US remains Europe’s largest car market, followed by the United Kingdom and China
In 2024 the US remained the largest purchaser of European cars buying in total up to €38.9 billion worth of cars. The figure is slightly lower than 2023 figures at €40 billion. The UK followed suit with up to €34.3 billion in EU car imports, and then China with €14.5 billion, followed by Türkiye (€12.0…
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Austria: Russia’s quiet friend in the heart of Europe
Austria has reaped great dividends during Russia’s war on Ukraine by historically having a good relationship with Vladimir Putin. Austria has been allowed an exception by the EU to keep buying gas from Gazprom as of very recently and the biggest Western bank operating in Russia right now is Austrian. Raiffeisen Bank is now having…
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Large oil exports from Malta to Nigeria took place ship-to-ship in Hurd’s Bank
After various confirmations from local maritime authorities and officials familiar with the work of Malta’s Sanctions Monitoring Board, The Maltese Herald can confirm that the large oil sales recorded in Malta to Nigeria, took place via ship-to-ship transfers in Hurd’s Bank. Given that Malta was the nearest location where these trades took place, they were…
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Nigeria reports $2.25 billion of oil imports from Malta
Nigeria has reported $2.25 billion of oil imports from Malta. In 2015 Malta exported at least $117 million of oil to Nigeria. Rumours are abound in the Nigerian Press that Nigerian government officials have an oil blending plant in Malta but Malta has no such oil plants. Malta has no oil…
