2022
Flag  
GDP
$17.8BCURRENT US$
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2012-2022
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GDP GROWTH
87.8%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$33,941CURRENT US$
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2012-2022
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GDP PC GROWTH
50.7%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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About

Malta-South Korea Trade: In 2022, Malta exported $103M to South Korea. The main products that Malta exported to South Korea were Integrated Circuits ($52.6M), Fish Fillets ($20.7M), and Non-fillet Frozen Fish ($8.29M). Over the past 5 years the exports of Malta to South Korea have increased at an annualized rate of 0.39%, from $101M in 2017 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 Trade: 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). Over the past 5 years the exports of South Korea to Malta have increased at an annualized rate of 22.1%,  from $652M in 2017 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 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Malta to South Korea have increased at an annualized rate of 0.39%, from $101M in 2017 to $103M in 2022.

In 2017, 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 5 years the exports of South Korea to Malta have increased at an annualized rate of 22.1%, from $652M in 2022 to $1.77B in 2017.

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

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

Latest Data

Trade between Malta (Flag) and South Korea (Flag)

Malta Exports

South Korea Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
South Korea
Top Destination
China$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 2022, countries that imported more from Malta than South Korea included South Sudan ($4.82M) and Chad ($2.27M).

In 2022, countries that imported more from South Korea than Malta included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Comparative Advantage Malta - South Korea

Flow
Scale

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 2017, South Korea had a large net trade with Malta in the exports of Transportation ($1.57B), Machines ($119M), and Mineral Products ($39M).

Economic Complexity

Competitive Landscape

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

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

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