2021
Flag  
GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
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GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
 GDP
$5.41BCURRENT US$
Rnk 160 / 204
2011-2021
Flag
GDP GROWTH
94.8%CURRENT US$
Rnk 20 / 204
2021
Flag
GDP PC 
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204
2021
Flag
GDP PC
$10,366CURRENT US$
Rnk 84 / 204
2011-2021
Flag
GDP PC GROWTH
39.9%CURRENT US$
Rnk 49 / 204

About

India-Maldives In 2021, India exported $416M to Maldives. The main products that India exported to Maldives are Refined Petroleum ($128M), Packaged Medicaments ($23.5M), and Rice ($15.3M). During the last 26 years the exports of India to Maldives have increased at an annualized rate of 10.4%, from $31.6M in 1995 to $416M in 2021.

In 2021, India did not export any services to Maldives.

Maldives-India In 2021, Maldives exported $48.8M to India. The main products that Maldives exported to India were Petroleum Gas ($24.7M), Scrap Iron ($13.4M), and Petroleum Coke ($8.21M). During the last 26 years the exports of Maldives to India have increased at an annualized rate of 22.9%, from $230k in 1995 to $48.8M in 2021.

In 2021, Maldives did not export any services to India.

Comparison In 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61),  and 14 in total exports ($403B). That same year, Maldives ranked 179 in total exports ($238M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, India exported $416M to Maldives. The main products exported from India to Maldives were Refined Petroleum ($128M), Packaged Medicaments ($23.5M), and Rice ($15.3M). During the last 26 years the exports of India to Maldives have increased at an annualized rate of 10.4%, from $31.6M in 1995 to $416M in 2021.

In 2021, Maldives exported $48.8M to India. The main products exported from Maldives to India were Petroleum Gas ($24.7M), Scrap Iron ($13.4M), and Petroleum Coke ($8.21M). During the last 26 years the exports of Maldives to India have increased at an annualized rate of 22.9%, from $230k in 1995 to $48.8M in 2021.

Exports from India (Flag) to Maldives (Flag) (2021)

Exports from Maldives (Flag) to India (Flag) (2021)

Market Competitiveness

Color
India
Top Destination
United States$71.2B
Maldives
Top Destination
Thailand$68.5M

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

In 2021, countries that imported more from India than Maldives were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

In 2019, no countries were registered that imported more from Maldives than from India.

Difference in imports from Maldives (Flag) and India (Flag) (2021)

Comparative Advantage India - Maldives

Flow
Scale

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

During 2021, India had a large net trade with Maldives in the exports of Mineral Products ($151M), Vegetable Products ($47.1M), and Chemical Products ($42.1M).

During 2021, Maldives had a large net trade with India in the exports of Mineral Products ($33M), Metals ($14.6M), and Chemical Products ($493k).

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 India has comparative advantage over Maldives. Similarly, the more yellow a dot/product is, the more Maldives has comparative advantage over India.

Product Space of India (Flag) and Maldives (Flag) (2021)

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