country profile malta - lahore chamber of commerce & … · 'total all products 117.00...

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Country Profile Malta

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Country

Profile

Malta

Introduction

Location

Capital

Area

Population

Southern Europe, islands in the

Mediterranean Sea, south of Sicily (Italy)

Valletta

316 sq. km

416,338 (July 2017 est.)

Independence

Day 21 September 1964

Ethnic Groups

Maltese (descendants of ancient

Carthaginians and Phoenicians with

strong elements of Italian and other

Mediterranean stock)

MalteseEnglish

MutilingualOther

34.1%

14.7%

10.8% 10.5%

Languages

Roman Catholic, 90%

Others, 10% Religions

Roman Catholic

Others

Major Economic Indicators

GDP (official exchange rate):

$12.01 billion (2016 est.)

GDP - real growth rate:

5.1% (2017 est.)

GDP - per capita (PPP):

$42,500 (2017 est.)

Gross national saving:

31.1% of GDP (2017 est.)

GDP - composition, by sector of origin:

Agriculture: 1.3% Industry: 10.6% Services: 88.1% (2016 est.)

Inflation rate (consumer prices):

1.3% (2017 est.)

Taxes and other revenues:

35.8% of GDP (2017 est.)

Public debt: 52.9% of GDP (2017 est.)

Reserves of foreign exchange & gold:

$671.1 million (31 December 2017 est.)

Agriculture - products:

potatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers; pork, milk, poultry, eggs

Industries:

tourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco, aviation services, financial services, information technology services

Import

(Value: $5.191 billion (2017 est.)

Import Partners: Italy 20.9%, Canada 10.4%, Germany 6.3%, UK 5.9%, France

4.4% (2016)

Import- commodities: mineral fuels, oils and products; electrical machinery; aircraft/spacecraft and parts thereof; machinery and mechanical appliances; plastic and other semi-manufactured

goods; vehicles and parts

Trade Trade

Export

(Value: $2.627 billion (2017 est.) Export Partners: US 27.3%, Germany

13.9%, France 8.3%, Singapore 5.6%, Japan 5.2%, Hong Kong 4.3%, Italy 4.2%

(2016)

Export- commodities: machinery and mechanical appliances; mineral fuels, oils and petroleum products; pharmaceutical

products; books and newspapers; aircraft/spacecraft and parts; toys, games,

and sports equipment

Product code

Product label

Pakistan's exports to Malta (US$ Thousand)

Value in 2014

Value in 2015

Value in 2016

'TOTAL All products 7,620.00 5,389.00 3,484.00

'63 Other made-up textile articles; sets; worn clothing and worn textile articles; rags 2,509.00 2,602.00 2,859.00

'61 Articles of apparel and clothing accessories, knitted or crocheted 55.00 50.00 242.00

'10 Cereals 135.00 138.00 99.00

'52 Cotton 4,570.00 2,449.00 87.00

'94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; ... 17.00 29.00 45.00

'62 Articles of apparel and clothing accessories, not knitted or crocheted 36.00 23.00 31.00

'55 Man-made staple fibres 4.00 25.00 28.00

'42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles ... 52.00 19.00 25.00

'90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical ... 21.00 19.00 23.00

'96 Miscellaneous manufactured articles 13.00 - 18.00

'95 Toys, games and sports requisites; parts and accessories thereof 150.00 10.00 13.00

'57 Carpets and other textile floor coverings - 1.00 6.00

'40 Rubber and articles thereof - 1.00 3.00

'58 Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery 1.00 3.00 2.00

'84 Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof 51.00 - 1.00

'87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof - 1.00 1.00

Product code

Product label

Pakistan's imports from Malta (US$ Thousand)

Value in 2014

Value in 2015

Value in 2016

'TOTAL All products 117.00 358.00 1,006.00

'85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television ... 3.00 46.00 562.00

'47 Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or ... 40.00 182.00 351.00

'69 Ceramic products 12.00 - 22.00

Bilateral Trade with Pakistan

'84 Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof 3.00 5.00 18.00

'90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical ... 3.00 17.00 17.00

'33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations - 18.00 16.00

'21 Miscellaneous edible preparations - 58.00 14.00

'39 Plastics and articles thereof - 1.00 2.00

'40 Rubber and articles thereof 1.00 - 2.00

'48 Paper and paperboard; articles of paper pulp, of paper or of paperboard - 1.00 1.00

'99 Commodities not elsewhere specified - - 1.00

'49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, ... - 14.00 -