Maldives (MDV) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Maldives-Italy Trade: In 2022, Maldives exported $6.07M to Italy. The main products that Maldives exported to Italy were Fish Fillets ($5.75M), Non-fillet Fresh Fish ($216k), and Chemical Analysis Instruments ($30.5k). Over the past 5 years the exports of Maldives to Italy have decreased at an annualized rate of 5.01%, from $7.85M in 2017 to $6.07M in 2022.

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

Italy-Maldives Trade: In 2022, Italy exported $51.9M to Maldives. The main products that Italy exported to Maldives were Coffee ($3.53M), Wine ($2.48M), and Centrifuges ($1.42M). Over the past 5 years the exports of Italy to Maldives have increased at an annualized rate of 4.93%, from $40.8M in 2017 to $51.9M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Maldives exported $6.07M to Italy. The main products exported from Maldives to Italy were Fish Fillets ($5.75M), Non-fillet Fresh Fish ($216k), and Chemical Analysis Instruments ($30.5k). During the last 5 years the exports of Maldives to Italy have decreased at an annualized rate of 14.7%, from $1.35M in 2017 to $6.07M in 2022.

In 2017, Italy exported $51.9M to Maldives. The main products exported from Italy to Maldives were Coffee ($3.53M), Wine ($2.48M), and Centrifuges ($1.42M). During the last 5 years the exports of Italy to Maldives have increased at an annualized rate of 75.1%, from $18.5M in 2022 to $51.9M in 2017.

Exports from Maldives () to Italy () (2022)

Exports from Italy () to Maldives () (2022)

Latest Data

Trade between Maldives () and Italy ()

Maldives Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Italy
Top DestinationGermany$78.5B

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

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

In 2022, countries that imported more from Italy than Maldives included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Maldives () (2022)

Comparative Advantage Maldives - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Maldives had a large net trade with Italy in the exports of Animal Products ($5.96M), Instruments ($61k), and Textiles ($22.9k).

During 2017, Italy had a large net trade with Maldives in the exports of Machines ($15.9M), Foodstuffs ($8.84M), and Vegetable Products ($5.89M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Maldives () to Italy () (2022)

Exports from Italy () to Maldives () (2022)

Latest Data

Trade between Maldives () and Italy ()

Maldives Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Maldives () (2022)

Comparative Advantage Maldives - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Maldives () and Italy () (2022)

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