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2023
Flag → Flag
Exports $74.9MRnk 2 / 93
2023
Flag → Flag
Top Product $57.8MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $591MRnk 88 / 220
2023
Flag → Flag
Top Product $58MGranite
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $12,530CURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Maldives-India Trade: In 2023, Maldives exported $74.9M to India. The main products that Maldives exported to India were Planes, Helicopters, and/or Spacecraft ($57.8M), Scrap Iron ($10.6M), and Scrap Copper ($4.13M). Over the past 5 years the exports of Maldives to India have increased at an annualized rate of 30.6%, from $19.7M in 2018 to $74.9M in 2023.

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

India-Maldives Trade: In 2023, India exported $591M to Maldives. The main products that India exported to Maldives were Granite ($58M), Packaged Medicaments ($28.7M), and Raw Iron Bars ($24.2M). Over the past 5 years the exports of India to Maldives have increased at an annualized rate of 6.33%,  from $301M in 2018 to $591M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $74.9M to India. The main products exported from Maldives to India were Planes, Helicopters, and/or Spacecraft ($57.8M), Scrap Iron ($10.6M), and Scrap Copper ($4.13M). During the last 5 years the exports of Maldives to India have increased at an annualized rate of 30.6%, from $19.7M in 2018 to $74.9M in 2023.

In 2018, India exported $591M to Maldives. The main products exported from India to Maldives were Granite ($58M), Packaged Medicaments ($28.7M), and Raw Iron Bars ($24.2M). During the last 5 years the exports of India to Maldives have increased at an annualized rate of 6.33%, from $301M in 2023 to $591M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and India (Flag)

Maldives Exports

India Exports

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
India
Top DestinationUnited States$85.5B

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

In 2023, no countries were registered that imported more from Maldives than from India.

In 2023, countries that imported more from India than Maldives included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Maldives - India

Flow
Scale

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

During 2023, Maldives had a large net trade with India in the exports of Transportation ($57.8M), Metals ($16M), and Chemical Products ($796k).

During 2018, India had a large net trade with Maldives in the exports of Mineral Products ($109M), Metals ($90.1M), and Machines ($81M).

Economic Complexity

Competitive Landscape

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

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

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