Hungary (HUN) and Malta (MLT) Trade | The Observatory of Economic Complexity

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Hungary-Malta Trade: In 2023, Hungary exported $28.7M to Malta. The main products that Hungary exported to Malta were Cars ($4.61M), Flavored Water ($3.27M), and Special purpose motor vehicles ($2.7M). Over the past 5 years the exports of Hungary to Malta have decreased at an annualized rate of 4.52%, from $36.2M in 2018 to $28.7M in 2023.

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.

Malta-Hungary Trade: In 2023, Malta exported $78.6M to Hungary. The main products that Malta exported to Hungary were Insulated Wire ($27.1M), Other Measuring Instruments ($25M), and Transmissions ($7.47M). Over the past 5 years the exports of Malta to Hungary have increased at an annualized rate of 25%, from $25.7M in 2018 to $78.6M in 2023.

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

Comparison In 2023, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $28.7M to Malta. The main products exported from Hungary to Malta were Cars ($4.61M), Flavored Water ($3.27M), and Special purpose motor vehicles ($2.7M). During the last 5 years the exports of Hungary to Malta have decreased at an annualized rate of 4.52%, from $36.2M in 2018 to $28.7M in 2023.

In 2018, Malta exported $78.6M to Hungary. The main products exported from Malta to Hungary were Insulated Wire ($27.1M), Other Measuring Instruments ($25M), and Transmissions ($7.47M). During the last 5 years the exports of Malta to Hungary have increased at an annualized rate of 25%, from $25.7M in 2023 to $78.6M in 2018.

Exports from Hungary () to Malta () (2023)

Exports from Malta () to Hungary () (2023)

Latest Data

Trade between Hungary () and Malta ()

Hungary Exports

Date

Malta Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

Malta
Top DestinationNigeria$2.26B

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

In 2023, countries that imported more from Hungary than Malta included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, countries that imported more from Malta than Hungary included Nigeria ($2.26B), Tunisia ($255M), and Oman ($95.7M).

Difference in imports from Malta () and Hungary () (2023)

Comparative Advantage Hungary - Malta

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with Malta in the exports of Transportation ($8.04M), Foodstuffs ($5.35M), and Vegetable Products ($3.75M).

During 2018, Malta had a large net trade with Hungary in the exports of Machines ($42.3M), Instruments ($25.6M), and Chemical Products ($6.4M).

Bilateral Service Trade

Mlt Year

Hun Year

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.

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

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Malta () (2023)

Exports from Malta () to Hungary () (2023)

Latest Data

Trade between Hungary () and Malta ()

Hungary Exports

Malta Exports

Market Competitiveness

Difference in imports from Malta () and Hungary () (2023)

Comparative Advantage Hungary - Malta

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Hungary () and Malta () (2023)

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