2023
Flag  
GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$12,530CURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Maldives-Canada Trade: In 2023, Maldives exported $419k to Canada. The main products that Maldives exported to Canada were Non-fillet Fresh Fish ($258k), Knit Sweaters ($29.7k), and Live Fish ($27.3k). Over the past 5 years the exports of Maldives to Canada have decreased at an annualized rate of 8.62%, from $658k in 2018 to $419k in 2023.

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

Canada-Maldives Trade: In 2023, Canada exported $34.2M to Maldives. The main products that Canada exported to Maldives were Aircraft parts (gliders, balloons, and powered aircraft) ($11.5M), Planes, Helicopters, and/or Spacecraft ($8.43M), and Gas Turbines ($5.22M). Over the past 5 years the exports of Canada to Maldives have increased at an annualized rate of 4.41%,  from $27.6M in 2018 to $34.2M in 2023.

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

Comparison In 2023,  Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $419k to Canada. The main products exported from Maldives to Canada were Non-fillet Fresh Fish ($258k), Knit Sweaters ($29.7k), and Live Fish ($27.3k). During the last 5 years the exports of Maldives to Canada have decreased at an annualized rate of 8.62%, from $658k in 2018 to $419k in 2023.

In 2018, Canada exported $34.2M to Maldives. The main products exported from Canada to Maldives were Aircraft parts (gliders, balloons, and powered aircraft) ($11.5M), Planes, Helicopters, and/or Spacecraft ($8.43M), and Gas Turbines ($5.22M). During the last 5 years the exports of Canada to Maldives have increased at an annualized rate of 4.41%, from $27.6M in 2023 to $34.2M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Canada (Flag)

Maldives Exports

Canada Exports

Market Competitiveness

Color
Maldives
Top Destination
Thailand$115M
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Maldives than Canada included Mauritius ($11.5M).

In 2023, countries that imported more from Canada than Maldives included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Maldives - Canada

Flow
Scale

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

During 2023, Maldives had a large net trade with Canada in the exports of Animal Products ($291k), Textiles ($80.3k), and Machines ($33.1k).

During 2018, Canada had a large net trade with Maldives in the exports of Transportation ($19.9M), Machines ($11M), and Wood Products ($806k).

Economic Complexity

Competitive Landscape

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

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

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