2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186

About

Canada-Maldives Trade: In 2022, Canada exported $22.3M to Maldives. The main products that Canada exported to Maldives were Aircraft Parts ($9.29M), Planes, Helicopters, and/or Spacecraft ($5.8M), and Spark-Ignition Engines ($824k). Over the past 5 years the exports of Canada to Maldives have decreased at an annualized rate of 9.85%, from $37.5M in 2017 to $22.3M in 2022.

In 2022, Canada did not export any services to Maldives.

Maldives-Canada Trade: In 2022, Maldives exported $404k to Canada. The main products that Maldives exported to Canada were Non-fillet Fresh Fish ($187k), Processed Fish ($110k), and Integrated Circuits ($39.3k). Over the past 5 years the exports of Maldives to Canada have increased at an annualized rate of 6.37%,  from $297k in 2017 to $404k in 2022.

In 2022, Maldives did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $22.3M to Maldives. The main products exported from Canada to Maldives were Aircraft Parts ($9.29M), Planes, Helicopters, and/or Spacecraft ($5.8M), and Spark-Ignition Engines ($824k). During the last 5 years the exports of Canada to Maldives have decreased at an annualized rate of 9.85%, from $37.5M in 2017 to $22.3M in 2022.

In 2017, Maldives exported $404k to Canada. The main products exported from Maldives to Canada were Non-fillet Fresh Fish ($187k), Processed Fish ($110k), and Integrated Circuits ($39.3k). During the last 5 years the exports of Maldives to Canada have increased at an annualized rate of 6.37%, from $297k in 2022 to $404k in 2017.

Exports from Canada (Flag) to Maldives (Flag) (2022)

Exports from Maldives (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Maldives
Top Destination
India$488M

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

In 2022, countries that imported more from Canada than Maldives included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Maldives than Canada included Mauritius ($11.1M).

Difference in imports from Maldives (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Maldives

Flow
Scale

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

During 2022, Canada had a large net trade with Maldives in the exports of Transportation ($15.2M), Machines ($2.6M), and Metals ($910k).

During 2017, Maldives had a large net trade with Canada in the exports of Animal Products ($206k), Foodstuffs ($110k), and Machines ($57.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Canada (Flag) and Maldives (Flag) (2022)

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