2022
Flag  
GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Maldives-Philippines Trade: In 2022, Maldives exported $379k to Philippines. The main products that Maldives exported to Philippines were Non-fillet Frozen Fish ($199k), Fish Fillets ($46.6k), and Electric Soldering Equipment ($43.2k). Over the past 5 years the exports of Maldives to Philippines have increased at an annualized rate of 0.35%, from $373k in 2017 to $379k in 2022.

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

Philippines-Maldives Trade: In 2022, Philippines exported $18.2M to Maldives. The main products that Philippines exported to Maldives were Rolled Tobacco ($14.4M), Electric Batteries ($720k), and Electrical Transformers ($446k). Over the past 5 years the exports of Philippines to Maldives have increased at an annualized rate of 46.1%,  from $2.73M in 2017 to $18.2M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $379k to Philippines. The main products exported from Maldives to Philippines were Non-fillet Frozen Fish ($199k), Fish Fillets ($46.6k), and Electric Soldering Equipment ($43.2k). During the last 5 years the exports of Maldives to Philippines have increased at an annualized rate of 0.35%, from $373k in 2017 to $379k in 2022.

In 2017, Philippines exported $18.2M to Maldives. The main products exported from Philippines to Maldives were Rolled Tobacco ($14.4M), Electric Batteries ($720k), and Electrical Transformers ($446k). During the last 5 years the exports of Philippines to Maldives have increased at an annualized rate of 46.1%, from $2.73M in 2022 to $18.2M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Philippines (Flag)

Maldives Exports

Philippines Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Maldives than Philippines included Mauritius ($11.1M), Seychelles ($6.14M), and Namibia ($1.15M).

In 2022, countries that imported more from Philippines than Maldives included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Maldives - Philippines

Flow
Scale

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

During 2022, Maldives had a large net trade with Philippines in the exports of Animal Products ($246k), Machines ($103k), and Metals ($18.3k).

During 2017, Philippines had a large net trade with Maldives in the exports of Foodstuffs ($15.4M), Machines ($1.93M), and Vegetable Products ($223k).

Economic Complexity

Competitive Landscape

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

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

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