Usually, when you create a Java project you want to use functionalities made in another Java projects. For example, if your project wants to send one email you dont need to create all the necessary code for doing that. You can bring a java library that does the most part of the work. Maven is a building tool that will help you in several tasks. One of those tasks is to bring these external dependencies or artifacts to your project in an automatic way ( only with some configuration in a XML file ). Of course Maven has more details but, for your question this is enough. And, of course too, Maven can build your project as an artifact (usually a jar file ) that can be used or imported in other projects.
This website has several articles talking about Maven :