2022
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GDP
$6.19BCURRENT US$
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2012-2022
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GDP GROWTH
114%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$11,818CURRENT US$
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2012-2022
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GDP PC GROWTH
58.7%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Maldives-Spain Trade: In 2022, Maldives exported $2.37M to Spain. The main products that Maldives exported to Spain were Non-fillet Frozen Fish ($994k), Non-fillet Fresh Fish ($607k), and Fish Fillets ($571k). Over the past 5 years the exports of Maldives to Spain have decreased at an annualized rate of 13.2%, from $4.82M in 2017 to $2.37M in 2022.

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

Spain-Maldives Trade: In 2022, Spain exported $23.3M to Maldives. The main products that Spain exported to Maldives were Passenger and Cargo Ships ($2.43M), Seed Oils ($1.29M), and Wine ($1.29M). Over the past 5 years the exports of Spain to Maldives have increased at an annualized rate of 9.94%,  from $9.93M in 2017 to $23.3M in 2022.

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

Comparison In 2022,  Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $2.37M to Spain. The main products exported from Maldives to Spain were Non-fillet Frozen Fish ($994k), Non-fillet Fresh Fish ($607k), and Fish Fillets ($571k). During the last 5 years the exports of Maldives to Spain have decreased at an annualized rate of 13.2%, from $4.82M in 2017 to $2.37M in 2022.

In 2017, Spain exported $23.3M to Maldives. The main products exported from Spain to Maldives were Passenger and Cargo Ships ($2.43M), Seed Oils ($1.29M), and Wine ($1.29M). During the last 5 years the exports of Spain to Maldives have increased at an annualized rate of 9.94%, from $9.93M in 2022 to $23.3M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Spain (Flag)

Maldives Exports

Spain Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from Maldives than from Spain.

In 2022, countries that imported more from Spain than Maldives included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Maldives - Spain

Flow
Scale

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

During 2022, Maldives had a large net trade with Spain in the exports of Animal Products ($2.17M), Foodstuffs ($151k), and Metals ($42.9k).

During 2017, Spain had a large net trade with Maldives in the exports of Foodstuffs ($3.17M), Machines ($3.16M), and Transportation ($2.87M).

Economic Complexity

Competitive Landscape

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

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

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