2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 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 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 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

Hong Kong-Maldives Trade: In 2023, Hong Kong exported $43.7M to Maldives. The main products that Hong Kong exported to Maldives were Integrated Circuits ($14.2M), Air Conditioners ($2.07M), and Broadcasting Equipment ($1.2M). Over the past 5 years the exports of Hong Kong to Maldives have increased at an annualized rate of 2.21%, from $39.2M in 2018 to $43.7M in 2023.

In 2023, Hong Kong did not export any services to Maldives.

Maldives-Hong Kong Trade: In 2023, Maldives exported $4.87M to Hong Kong. The main products that Maldives exported to Hong Kong were Processed Crustaceans ($1.62M), Non-fillet Fresh Fish ($1.54M), and Live Fish ($1.5M). Over the past 5 years the exports of Maldives to Hong Kong have increased at an annualized rate of 5.93%,  from $3.65M in 2018 to $4.87M in 2023.

In 2023, Maldives did not export any services to Hong Kong.

Comparison In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12),  and 38 in total exports ($117B). 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, Hong Kong exported $43.7M to Maldives. The main products exported from Hong Kong to Maldives were Integrated Circuits ($14.2M), Air Conditioners ($2.07M), and Broadcasting Equipment ($1.2M). During the last 5 years the exports of Hong Kong to Maldives have increased at an annualized rate of 2.21%, from $39.2M in 2018 to $43.7M in 2023.

In 2018, Maldives exported $4.87M to Hong Kong. The main products exported from Maldives to Hong Kong were Processed Crustaceans ($1.62M), Non-fillet Fresh Fish ($1.54M), and Live Fish ($1.5M). During the last 5 years the exports of Maldives to Hong Kong have increased at an annualized rate of 5.93%, from $3.65M in 2023 to $4.87M in 2018.

Exports from Hong Kong (Flag) to Maldives (Flag) (2023)

Exports from Maldives (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Maldives (Flag)

Hong Kong Exports

Maldives Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Maldives
Top Destination
Thailand$115M

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

In 2023, countries that imported more from Hong Kong than Maldives included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Maldives than Hong Kong included Syria ($493k).

Difference in imports from Maldives (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Maldives

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Maldives in the exports of Machines ($24.7M), Miscellaneous ($3.28M), and Metals ($3.04M).

During 2018, Maldives had a large net trade with Hong Kong in the exports of Animal Products ($3.19M), Foodstuffs ($1.62M), and Machines ($58k).

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Maldives (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with