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

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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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $78.6M in 2023.

In 2018, 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 2023 to $28.7M in 2018.

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

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

Latest Data

Trade between Malta () and Hungary ()

Malta Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malta
Top DestinationNigeria$2.26B

Hungary
Top DestinationGermany$37.4B

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

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

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

Comparative Advantage Malta - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malta had a large net trade with Hungary in the exports of Machines ($42.3M), Instruments ($25.6M), and Chemical Products ($6.4M).

During 2018, Hungary had a large net trade with Malta in the exports of Transportation ($8.04M), Foodstuffs ($5.35M), and Vegetable Products ($3.75M).

Bilateral Service Trade

Hun Year

Mlt Year

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 () to Hungary () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Malta () and Hungary ()

Malta Exports

Hungary Exports

Market Competitiveness

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

Comparative Advantage Malta - Hungary

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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