2022
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GDP
$17.8BCURRENT US$
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2012-2022
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GDP GROWTH
87.8%CURRENT US$
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 GDP
$179BCURRENT US$
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GDP GROWTH
38.8%CURRENT US$
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GDP PC 
$33,941CURRENT US$
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GDP PC GROWTH
50.7%CURRENT US$
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$18,463CURRENT US$
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42.2%CURRENT US$
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About

Malta-Hungary Trade: In 2022, Malta exported $106M to Hungary. The main products that Malta exported to Hungary were Insulated Wire ($43.9M), Other Measuring Instruments ($34.3M), and Packaged Medicaments ($7.57M). Over the past 5 years the exports of Malta to Hungary have increased at an annualized rate of 38.8%, from $20.5M in 2017 to $106M in 2022.

In 2020, Malta exported services to Hungary worth $0, with being the largest in terms of value.

Hungary-Malta Trade: In 2022, Hungary exported $24.2M to Malta. The main products that Hungary exported to Malta were Cars ($4.58M), Wheat Gluten ($3.54M), and Wheat ($1.79M). Over the past 5 years the exports of Hungary to Malta have increased at an annualized rate of 7.3%,  from $17M in 2017 to $24.2M in 2022.

In 2020, Hungary exported services to Malta worth $19.4M, with Computer and information services ($6.74M), Other business services ($4.34M), and Travel ($4.23M) being the largest in terms of value.

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malta exported $106M to Hungary. The main products exported from Malta to Hungary were Insulated Wire ($43.9M), Other Measuring Instruments ($34.3M), and Packaged Medicaments ($7.57M). During the last 5 years the exports of Malta to Hungary have increased at an annualized rate of 38.8%, from $20.5M in 2017 to $106M in 2022.

In 2017, Hungary exported $24.2M to Malta. The main products exported from Hungary to Malta were Cars ($4.58M), Wheat Gluten ($3.54M), and Wheat ($1.79M). During the last 5 years the exports of Hungary to Malta have increased at an annualized rate of 7.3%, from $17M in 2022 to $24.2M in 2017.

Exports from Malta (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Malta (Flag) (2022)

Latest Data

Trade between Malta (Flag) and Hungary (Flag)

Malta Exports

Hungary Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
Hungary
Top Destination
Germany$35.5B

This map shows whether countries import more from Malta or Hungary. Each country is colored based on the difference in imports they receive from Malta and Hungary or the difference in the growth in imports.

In 2022, countries that imported more from Malta than Hungary included Lebanon ($121M), Cyprus ($82.5M), and Libya ($37M).

In 2022, countries that imported more from Hungary than Malta included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

Difference in imports from Hungary (Flag) and Malta (Flag) (2022)

Comparative Advantage Malta - Hungary

Flow
Scale

This chart compares trade between Malta and Hungary by product, considering products traded by both, Malta and Hungary.

During 2022, Malta had a large net trade with Hungary in the exports of Machines ($57M), Instruments ($34.6M), and Chemical Products ($8.15M).

During 2017, Hungary had a large net trade with Malta in the exports of Vegetable Products ($5.46M), Transportation ($5.12M), and Chemical Products ($3.66M).

Bilateral Service Trade

In 2020, Malta exported services to Hungary worth $0, with being the largest in terms of value.

In 2020, Hungary exported services to Malta worth $19.4M, with Computer and information services ($6.74M), Other business services ($4.34M), and Travel ($4.23M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Malta (Flag) to Hungary (Flag) (2020)

Services Exports from Hungary (Flag) to Malta (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malta and Hungary. This means that a dot/product with the flag of Malta indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Malta.

Product Space of Malta (Flag) and Hungary (Flag) (2022)

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