Malta (MLT) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Malta-South Korea In 2022, Malta exported $103M to South Korea. The main products that Malta exported to South Korea are Integrated Circuits ($52.6M), Fish Fillets ($20.7M), and Non-fillet Frozen Fish ($8.29M). During the last 27 years the exports of Malta to South Korea have increased at an annualized rate of 4.73%, from $29.5M in 1995 to $103M in 2022.

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

South Korea-Malta In 2022, South Korea exported $1.77B to Malta. The main products that South Korea exported to Malta were Passenger and Cargo Ships ($1.57B), Integrated Circuits ($98.8M), and Refined Petroleum ($39M). During the last 27 years the exports of South Korea to Malta have increased at an annualized rate of 10.3%, from $127M in 1995 to $1.77B in 2022.

In 2022, South Korea did not export any services to Malta.

Comparison In 2022, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malta exported $103M to South Korea. The main products exported from Malta to South Korea were Integrated Circuits ($52.6M), Fish Fillets ($20.7M), and Non-fillet Frozen Fish ($8.29M). During the last 27 years the exports of Malta to South Korea have increased at an annualized rate of 4.73%, from $29.5M in 1995 to $103M in 2022.

In 2022, South Korea exported $1.77B to Malta. The main products exported from South Korea to Malta were Passenger and Cargo Ships ($1.57B), Integrated Circuits ($98.8M), and Refined Petroleum ($39M). During the last 27 years the exports of South Korea to Malta have increased at an annualized rate of 10.3%, from $127M in 1995 to $1.77B in 2022.

Exports from Malta () to South Korea () (2022)

Exports from South Korea () to Malta () (2022)

Latest Data

Trade between Malta () and South Korea ()

Malta Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malta
Top DestinationGermany$576M

South Korea
Top DestinationChina$150B

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

In 2021, countries that imported more from Malta than South Korea were South Sudan ($4.82M) and Chad ($2.27M).

In 2021, countries that imported more from South Korea than Malta were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Malta () (2022)

Comparative Advantage Malta - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malta had a large net trade with South Korea in the exports of Machines ($58.6M), Animal Products ($29M), and Plastics and Rubbers ($5.76M).

During 2022, South Korea had a large net trade with Malta in the exports of Transportation ($1.57B), Machines ($119M), and Mineral Products ($39M).

Service Trade

Bilateral Service Trade

Mlt Year

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

Service trade data is presented based on availability.

Services Exports from Malta () to South Korea () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Malta has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Malta.

About

Historical Data

Bilateral Trade by Products

Exports from Malta () to South Korea () (2022)

Exports from South Korea () to Malta () (2022)

Latest Data

Trade between Malta () and South Korea ()

Malta Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Malta () (2022)

Comparative Advantage Malta - South Korea

Service Trade

Bilateral Service Trade

Services Exports from Malta () to South Korea () (2020)

Economic Complexity

Competitive Landscape

Product Space of Malta () and South Korea () (2022)

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