Imports from EU reach €4.8 billion

11th February 2020

Goods originating from the European Union represented 65.9% of total imports last year.

Goods imported from the European Union in 2019 were valued at €4,821.5 million, according to official data. The National Statistics Office recorded a drop of €312.8 million in the value of imports from euro area countries when compared to 2018.

The value of imports from the United Kingdom were up €840.2 million while goods purchased from Italy were down €207.9 million in value.

In the case of exports, the main increase was recorded in goods sent to Germany – up €69 million - whereas Japan registered the highest decrease at €83.8 million.

During the past year, the trade deficit widened by €868.2 million when compared to 2018, reaching €3,706.7 million. Both imports and exports were higher in terms of value, up €1,039.2 million and €171 million respectively.

13th February 2020

Government notes this is the third credit rating agency to confirm the island’s rating this year

11th February 2020

The awards are organised by a Brussels-based publication called The Parliament Magazine

6th February 2020

The government is seeking to secure a “slower but sustained pace of growth in tourist numbers”.

5th February 2020

Eurostat figures show the island was among the three EU states with the highest increases in Decembe...

Imports from EU reach €4.8 billion