2023
Flag  
GDP
$22.3BCURRENT US$
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2013-2023
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GDP GROWTH
107%CURRENT US$
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2023
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 GDP
$430BCURRENT US$
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2013-2023
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GDP GROWTH
101%CURRENT US$
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2023
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GDP PC 
$40,396CURRENT US$
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2013-2023
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GDP PC GROWTH
59.4%CURRENT US$
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2023
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GDP PC
$4,282CURRENT US$
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2013-2023
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GDP PC GROWTH
81.5%CURRENT US$
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About

Malta-Vietnam Trade: In 2023, Malta exported $2.48M to Vietnam. The main products that Malta exported to Vietnam were Packaged Medicaments ($1.94M), Machinery Having Individual Functions ($199k), and Other Organic Compounds ($84.3k). Over the past 5 years the exports of Malta to Vietnam have decreased at an annualized rate of 35.9%, from $23M in 2018 to $2.48M in 2023.

In 2023, Malta did not export any services to Vietnam.

Vietnam-Malta Trade: In 2023, Vietnam exported $9.5M to Malta. The main products that Vietnam exported to Malta were Rubber Tires ($1.26M), Motorcycles and cycles ($1.21M), and Broadcasting Equipment ($1.02M). Over the past 5 years the exports of Vietnam to Malta have decreased at an annualized rate of 37.2%,  from $97.3M in 2018 to $9.5M in 2023.

In 2023, Vietnam did not export any services to Malta.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $2.48M to Vietnam. The main products exported from Malta to Vietnam were Packaged Medicaments ($1.94M), Machinery Having Individual Functions ($199k), and Other Organic Compounds ($84.3k). During the last 5 years the exports of Malta to Vietnam have decreased at an annualized rate of 35.9%, from $23M in 2018 to $2.48M in 2023.

In 2018, Vietnam exported $9.5M to Malta. The main products exported from Vietnam to Malta were Rubber Tires ($1.26M), Motorcycles and cycles ($1.21M), and Broadcasting Equipment ($1.02M). During the last 5 years the exports of Vietnam to Malta have decreased at an annualized rate of 37.2%, from $97.3M in 2023 to $9.5M in 2018.

Exports from Malta (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Malta (Flag) (2023)

Latest Data

Trade between Malta (Flag) and Vietnam (Flag)

Malta Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Vietnam
Top Destination
United States$118B

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

In 2023, countries that imported more from Malta than Vietnam included Nigeria ($2.26B), Tunisia ($255M), and South Korea ($34.1M).

In 2023, countries that imported more from Vietnam than Malta included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Malta (Flag) (2023)

Comparative Advantage Malta - Vietnam

Flow
Scale

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

During 2023, Malta had a large net trade with Vietnam in the exports of Chemical Products ($2.08M), Machines ($243k), and Instruments ($93.6k).

During 2018, Vietnam had a large net trade with Malta in the exports of Plastics and Rubbers ($1.76M), Machines ($1.7M), and Footwear and Headwear ($1.48M).

Economic Complexity

Competitive Landscape

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

Product Space of Malta (Flag) and Vietnam (Flag) (2023)

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