2023
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GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
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GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
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 GDP
$296BCURRENT US$
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2013-2023
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GDP GROWTH
9.35%CURRENT US$
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2023
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GDP PC 
$12,530CURRENT US$
Rnk 81 / 195
2013-2023
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GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195
2023
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GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Maldives-Finland Trade: In 2023, Maldives exported $703k to Finland. The main products that Maldives exported to Finland were Processed Fish ($664k), Fish Fillets ($31.8k), and Non-fillet Fresh Fish ($7.61k). Over the past 5 years the exports of Maldives to Finland have increased at an annualized rate of 8.66%, from $464k in 2018 to $703k in 2023.

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

Finland-Maldives Trade: In 2023, Finland exported $3.25M to Maldives. The main products that Finland exported to Maldives were Special Purpose Ships ($811k), Other Engines ($489k), and Integrated Circuits ($461k). Over the past 5 years the exports of Finland to Maldives have decreased at an annualized rate of 27.8%,  from $16.6M in 2018 to $3.25M in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $703k to Finland. The main products exported from Maldives to Finland were Processed Fish ($664k), Fish Fillets ($31.8k), and Non-fillet Fresh Fish ($7.61k). During the last 5 years the exports of Maldives to Finland have increased at an annualized rate of 8.66%, from $464k in 2018 to $703k in 2023.

In 2018, Finland exported $3.25M to Maldives. The main products exported from Finland to Maldives were Special Purpose Ships ($811k), Other Engines ($489k), and Integrated Circuits ($461k). During the last 5 years the exports of Finland to Maldives have decreased at an annualized rate of 27.8%, from $16.6M in 2023 to $3.25M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Finland (Flag)

Maldives Exports

Finland Exports

Market Competitiveness

Color
Maldives
Top Destination
Thailand$115M
Finland
Top Destination
United States$9.68B

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

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

In 2023, countries that imported more from Finland than Maldives included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Maldives - Finland

Flow
Scale

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

During 2023, Maldives had a large net trade with Finland in the exports of Foodstuffs ($664k), Animal Products ($39.4k), and Paper Goods ($111).

During 2018, Finland had a large net trade with Maldives in the exports of Machines ($2.02M), Transportation ($811k), and Plastics and Rubbers ($109k).

Economic Complexity

Competitive Landscape

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

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

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