Malta exports fastest growing in 1H

Malta emerged as the country with the fastest growth in receiving exports from Israel during the first half, The Israel Exports Institute said Sunday.

Malta emerged as the country with the fastest growth in receiving exports from Israel during the first half, The Israel Exports Institute said Sunday. With an increase of 156% to around $36 million, Malta was comfortably ahead of second placed Gibraltar, which saw a rise of 108% in the value of the goods it imported from Israel to $42m. In cash terms, the US remained the largest recipient of Israeli goods and merchandise - with some $3.5 billion of stock sent to America during the first half. This represented a rise of 22% over the comparable period last year. On a negative note, Malaysia's imports from Israel were down 54% during the period to $32m. Other countries that imported less from Israel were Ireland, Costa Rica, Slovenia, Kenya and Sweden, which saw respective declines of 31%, 35%, 53%, 25% and 25%.