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Pricing

2022
Flag → Flag
Exports $1.77BRnk 43 / 220
2022
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Top Product $1.57BPassenger and Cargo Ships
2022
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Exports $103MRnk 15 / 173
2022
Flag → Flag
Top Product $52.6MIntegrated Circuits
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
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GDP GROWTH87.8%CURRENT US$
Rnk 22 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$33,941CURRENT US$
Rnk 31 / 186
2012-2022
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GDP PC GROWTH50.7%CURRENT US$
Rnk 34 / 186

About

South Korea-Malta In 2022, South Korea exported $1.77B to Malta. The main products that South Korea exported to Malta are Passenger and Cargo Ships ($1.57B), Integrated Circuits ($98.8M), and Refined Petroleum ($39M). During the last 27 years the exports of South Korea to Malta have increased at an annualized rate of 10.3%, from $127M in 1995 to $1.77B in 2022.

In 2022, South Korea did not export any services to Malta.

Malta-South Korea 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). During the last 27 years the exports of Malta to South Korea have increased at an annualized rate of 4.73%, from $29.5M in 1995 to $103M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). That same year, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $607M and imported $45.5M from Malta, resulting in a positive trade balance of $561M. Between February 2023 and February 2024 the exports of South Korea have increased by $535M (740%) from $72.3M to $607M, while imports increased by $35.9M (373%) from $9.62M to $45.5M.

Trade In February 2024, the top exports of South Korea to Malta were Electrical machinery and electronics ($12.4M), Machinery, mechanical appliances, & parts ($2.46M), Cars, tractors, trucks & parts thereof. ($1.97M), Plastics & articles thereof ($1.29M), and Wadding, felt, nonwovens, twin, ropes, &... ($320k). In February 2024 the top imports of South Korea from Malta were Mineral fuels, mineral oils and products... ($60.4M), Electrical machinery and electronics ($4.76M), Fish, crustaceans, & molluscs ($1.81M), Optical, photo, & film equipment; medical... ($507k), and Rubber & articles thereof ($338k).

Growth In February 2024, the increase in South Korea's year-by-year exports to Malta was explained primarily by an increase in product exports in Electrical machinery and electronics ($9.07M or 273%), Machinery, mechanical appliances, & parts ($2.34M or 1.91k%), and Cars, tractors, trucks & parts thereof. ($1.74M or 742%). In February 2024, the increase in South Korea's year-by-year imports  from Malta was explained primarily by an increase in product imports  in Electrical machinery and electronics ($822k or 20.9%), Optical, photo, & film equipment; medical... ($334k or 193%), and Pharmaceutical products ($85k or 160%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$535M(740%)
IMPORT GROWTH (February 2023 - February 2024)$35.9M(373%)

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of South Korea to Malta have increased at an annualized rate of 10.3%, from $127M in 1995 to $1.77B in 2022.

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 27 years the exports of Malta to South Korea have increased at an annualized rate of 4.73%, from $29.5M in 1995 to $103M in 2022.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Malta
Top DestinationGermany$576M

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 2021, countries that imported more from South Korea than Malta were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Malta than South Korea were South Sudan ($4.82M) and Chad ($2.27M).

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

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 2022, South Korea had a large net trade with Malta in the exports of Transportation ($1.57B), Machines ($119M), and Mineral Products ($39M).

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).

Service Trade

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)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Malta. Similarly, the more yellow a dot/product is, the more Malta has comparative advantage over South Korea.

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

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