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GDP
$6.19BCURRENT US$
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GDP GROWTH
114%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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$11,818CURRENT US$
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GDP PC GROWTH
58.7%CURRENT US$
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$33,815CURRENT US$
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About

Maldives-Japan Trade: In 2022, Maldives exported $3.61M to Japan. The main products that Maldives exported to Japan were Fish: dried, salted, smoked or in brine ($2.13M), Non-fillet Frozen Fish ($848k), and Processed Fish ($522k). Over the past 5 years the exports of Maldives to Japan have decreased at an annualized rate of 9.78%, from $6.04M in 2017 to $3.61M in 2022.

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

Japan-Maldives Trade: In 2022, Japan exported $56.1M to Maldives. The main products that Japan exported to Maldives were Spark-Ignition Engines ($11.6M), Cars ($10.2M), and Engine Parts ($4.48M). Over the past 5 years the exports of Japan to Maldives have increased at an annualized rate of 17.6%,  from $24.9M in 2017 to $56.1M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $3.61M to Japan. The main products exported from Maldives to Japan were Fish: dried, salted, smoked or in brine ($2.13M), Non-fillet Frozen Fish ($848k), and Processed Fish ($522k). During the last 5 years the exports of Maldives to Japan have decreased at an annualized rate of 9.78%, from $6.04M in 2017 to $3.61M in 2022.

In 2017, Japan exported $56.1M to Maldives. The main products exported from Japan to Maldives were Spark-Ignition Engines ($11.6M), Cars ($10.2M), and Engine Parts ($4.48M). During the last 5 years the exports of Japan to Maldives have increased at an annualized rate of 17.6%, from $24.9M in 2022 to $56.1M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Japan (Flag)

Maldives Exports

Japan Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Japan
Top Destination
United States$137B

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

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

In 2022, countries that imported more from Japan than Maldives included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Maldives - Japan

Flow
Scale

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

During 2022, Maldives had a large net trade with Japan in the exports of Animal Products ($2.99M), Foodstuffs ($524k), and Machines ($77.6k).

During 2017, Japan had a large net trade with Maldives in the exports of Machines ($32.6M), Transportation ($14.5M), and Foodstuffs ($1.82M).

Economic Complexity

Competitive Landscape

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

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

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