NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $31.4MRnk 3 / 93
2023
Flag → Flag
Top Product $30.7MRefined Petroleum
2023
Flag → Flag
Exports $318MRnk 57 / 217
2023
Flag → Flag
Top Product $75.2MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 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$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Maldives-Singapore Trade: In 2023, Maldives exported $31.4M to Singapore. The main products that Maldives exported to Singapore were Refined Petroleum ($30.7M), Processed Crustaceans ($360k), and Integrated Circuits ($71.1k). Over the past 5 years the exports of Maldives to Singapore have increased at an annualized rate of 79.9%, from $1.66M in 2018 to $31.4M in 2023.

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

Singapore-Maldives Trade: In 2023, Singapore exported $318M to Maldives. The main products that Singapore exported to Maldives were Refined Petroleum ($75.2M), Broadcasting Equipment ($27.5M), and X-Ray Equipment ($10.1M). Over the past 5 years the exports of Singapore to Maldives have decreased at an annualized rate of 3.96%,  from $390M in 2018 to $318M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $31.4M to Singapore. The main products exported from Maldives to Singapore were Refined Petroleum ($30.7M), Processed Crustaceans ($360k), and Integrated Circuits ($71.1k). During the last 5 years the exports of Maldives to Singapore have increased at an annualized rate of 79.9%, from $1.66M in 2018 to $31.4M in 2023.

In 2018, Singapore exported $318M to Maldives. The main products exported from Singapore to Maldives were Refined Petroleum ($75.2M), Broadcasting Equipment ($27.5M), and X-Ray Equipment ($10.1M). During the last 5 years the exports of Singapore to Maldives have decreased at an annualized rate of 3.96%, from $390M in 2023 to $318M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Singapore (Flag)

Maldives Exports

Singapore Exports

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
Singapore
Top DestinationHong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Maldives included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Maldives - Singapore

Flow
Scale

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

During 2023, Maldives had a large net trade with Singapore in the exports of Mineral Products ($30.7M), Foodstuffs ($361k), and Machines ($150k).

During 2018, Singapore had a large net trade with Maldives in the exports of Machines ($119M), Mineral Products ($79.2M), and Foodstuffs ($17.7M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms