Maldives (MDV) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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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 13.5%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 13.5%, from $2.73M in 2022 to $18.2M in 2017.

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

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

Latest Data

Trade between Maldives () and Philippines ()

Maldives Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Philippines
Top DestinationUnited 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 () and Maldives () (2022)

Comparative Advantage Maldives - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Maldives () and Philippines ()

Maldives Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Maldives - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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