2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$12,530CURRENT US$
Rnk 81 / 196
2013-2023
Flag
GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195

About

Brazil-Maldives Trade: In 2023, Brazil exported $23.2M to Maldives. The main products that Brazil exported to Maldives were Poultry Meat ($16.5M), Frozen Bovine Meat ($2.35M), and Sausages ($1.77M). Over the past 5 years the exports of Brazil to Maldives have increased at an annualized rate of 8.84%, from $15.2M in 2018 to $23.2M in 2023.

In 2023, Brazil did not export any services to Maldives.

Maldives-Brazil Trade: In 2023, Maldives exported $269k to Brazil. The main products that Maldives exported to Brazil were Aircraft parts (gliders, balloons, and powered aircraft) ($253k), Insulated Wire ($15.1k), and Low-voltage Protection Equipment ($1.06k). Over the past 5 years the exports of Maldives to Brazil have increased at an annualized rate of 255%,  from $474 in 2018 to $269k in 2023.

In 2023, Maldives did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $23.2M to Maldives. The main products exported from Brazil to Maldives were Poultry Meat ($16.5M), Frozen Bovine Meat ($2.35M), and Sausages ($1.77M). During the last 5 years the exports of Brazil to Maldives have increased at an annualized rate of 8.84%, from $15.2M in 2018 to $23.2M in 2023.

In 2018, Maldives exported $269k to Brazil. The main products exported from Maldives to Brazil were Aircraft parts (gliders, balloons, and powered aircraft) ($253k), Insulated Wire ($15.1k), and Low-voltage Protection Equipment ($1.06k). During the last 5 years the exports of Maldives to Brazil have increased at an annualized rate of 255%, from $474 in 2023 to $269k in 2018.

Exports from Brazil (Flag) to Maldives (Flag) (2023)

Exports from Maldives (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Maldives
Top Destination
Thailand$115M

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

In 2023, countries that imported more from Brazil than Maldives included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Maldives than from Brazil.

Difference in imports from Maldives (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Maldives

Flow
Scale

This chart compares trade between Brazil and Maldives by product, considering products traded by both, Brazil and Maldives.

During 2023, Brazil had a large net trade with Maldives in the exports of Animal Products ($19.4M), Foodstuffs ($2.01M), and Chemical Products ($933k).

During 2018, Maldives had a large net trade with Brazil in the exports of Transportation ($253k) and Machines ($16.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Maldives (Flag) (2023)

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