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2023
Flag → Flag
Exports $230MRnk 74 / 142
2023
Flag → Flag
Top Product $168MIntegrated Circuits
2023
Flag → Flag
Exports $34.1MRnk 41 / 173
2023
Flag → Flag
Top Product $16.7MFish Fillets
2023
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Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
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GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
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GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
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 GDP$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
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GDP GROWTH107%CURRENT US$
Rnk 11 / 195
2023
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GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
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GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
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GDP PC$40,396CURRENT US$
Rnk 31 / 196
2013-2023
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GDP PC GROWTH59.4%CURRENT US$
Rnk 32 / 195

About

South Korea-Malta Trade: In 2023, South Korea exported $230M to Malta. The main products that South Korea exported to Malta were Integrated Circuits ($168M), Printed Circuit Boards ($12.6M), and Cars ($12M). Over the past 5 years the exports of South Korea to Malta have decreased at an annualized rate of 24.9%, from $959M in 2018 to $230M in 2023.

In 2023, South Korea did not export any services to Malta.

Malta-South Korea Trade: In 2023, Malta exported $34.1M to South Korea. The main products that Malta exported to South Korea were Fish Fillets ($16.7M), Integrated Circuits ($8.92M), and Other Rubber Products ($3.02M). Over the past 5 years the exports of Malta to South Korea have decreased at an annualized rate of 20.3%,  from $106M in 2018 to $34.1M in 2023.

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

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, South Korea exported $179M and imported $17M from Malta, resulting in a positive trade balance of $162M. Between January 2024 and January 2025 the exports of South Korea have increased by $95.5M (114%) from $83.6M to $179M, while imports decreased by $-15.3M (-47.3%) from $32.2M to $17M.

Trade In January 2025, the top exports of South Korea to Malta were Ships, boats, & floating structures ($65.3M), Electrical machinery and electronics ($16.2M), Cars, tractors, trucks & parts thereof. ($844k), Plastics & articles thereof ($376k), and Copper articles ($324k). In January 2025 the top imports of South Korea from Malta were Mineral fuels, mineral oils and products... ($24.3M), Electrical machinery and electronics ($6.33M), Optical, photo, & film equipment; medical... ($693k), Rubber & articles thereof ($404k), and Pharmaceutical products ($181k).

Growth In January 2025, the increase in South Korea's year-by-year exports to Malta was explained primarily by an increase in product exports in Ships, boats, & floating structures ($65.1M or 34.2k%), Electrical machinery and electronics ($3.77M or 30.4%), and Copper articles ($92k or 39.7%). In January 2025, the decrease in South Korea's year-by-year imports  from Malta was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... ($-36.2M or -59.8%), Fish, Crustaceans & Molluscs ($-1.74M or -95.8%), and Plastics & articles thereof ($-50k or -64.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$95.5M(114%)
IMPORT GROWTH (January 2024 - January 2025)$-15.3M(-47.3%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Malta and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malta and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $230M to Malta. The main products exported from South Korea to Malta were Integrated Circuits ($168M), Printed Circuit Boards ($12.6M), and Cars ($12M). During the last 5 years the exports of South Korea to Malta have decreased at an annualized rate of 24.9%, from $959M in 2018 to $230M in 2023.

In 2018, Malta exported $34.1M to South Korea. The main products exported from Malta to South Korea were Fish Fillets ($16.7M), Integrated Circuits ($8.92M), and Other Rubber Products ($3.02M). During the last 5 years the exports of Malta to South Korea have decreased at an annualized rate of 20.3%, from $106M in 2023 to $34.1M in 2018.

Exports from South Korea (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Malta
Top DestinationNigeria$2.26B

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

In 2023, countries that imported more from South Korea than Malta included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Malta than South Korea included Nigeria ($2.26B), Tunisia ($255M), and Democratic Republic of the Congo ($27.3M).

Difference in imports from Malta (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Malta

Flow
Scale

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

During 2023, South Korea had a large net trade with Malta in the exports of Machines ($194M), Transportation ($12.8M), and Plastics and Rubbers ($9.56M).

During 2018, Malta had a large net trade with South Korea in the exports of Animal Products ($16.7M), Machines ($11.5M), and Plastics and Rubbers ($3.18M).

Bilateral Service Trade

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 (Flag) to South Korea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Malta (Flag) (2023)

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