Stable with a slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade and Tariff Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Malta Trade Agreement Boosts Small Item Exports
A new bilateral trade agreement between the United States and Malta has reduced barriers for small item exports valued between $3 and $5 (specific HS Code not specified in report). This has led to a 12% increase in shipments of such goods in the last quarter.
2023-10-15
Impact: Positive impact on trade with reduced tariffs and streamlined customs processes, encouraging small businesses to engage in cross-border trade.
Malta Increases Import Demand for US Consumer Goods
Malta's growing retail sector has spiked demand for US-made consumer goods valued between $3 and $5, with a focus on novelty items and accessories under relevant HS Codes. Trade data shows a 15% rise in imports year-over-year.
2023-09-22
Impact: Increased export opportunities for US manufacturers and retailers targeting the Maltese market.
Logistics Challenges Impact US-Malta Small Item Trade
Rising shipping costs and delays at European ports have affected the trade of low-value items ($3-$5 range, HS Code unspecified) between the US and Malta, causing a temporary 8% drop in trade volume.
2023-08-30
Impact: Negative short-term impact on trade efficiency, potentially increasing costs for exporters and importers.
Policy Updates
US-Malta Tariff Reduction on Low-Value Goods
The US and Malta have agreed to lower tariffs by 5% on goods valued between $3 and $5 under specific HS Codes (exact codes pending publication), aiming to boost trade of small consumer items.
Date: 2023-10-01
Malta Updates Customs Clearance for Small Imports
Malta has introduced a simplified customs clearance process for imported goods valued between $3 and $5, reducing paperwork and processing times for US exporters under relevant HS Codes.
