Portugal (PRT) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Portugal-Maldives Trade: In 2023, Portugal exported $2.14M to Maldives. The main products that Portugal exported to Maldives were Blank Audio Media ($219k), Frozen Bovine Meat ($204k), and Non-Knit Men's Suits ($130k). Over the past 5 years the exports of Portugal to Maldives have increased at an annualized rate of 12.5%, from $1.19M in 2018 to $2.14M in 2023.

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

Maldives-Portugal Trade: In 2023, Maldives exported $69.9k to Portugal. The main products that Maldives exported to Portugal were Live Fish ($35.5k), Non-fillet Fresh Fish ($13.4k), and Fish Fillets ($13.3k). Over the past 5 years the exports of Maldives to Portugal have decreased at an annualized rate of 4.45%, from $87.8k in 2018 to $69.9k in 2023.

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

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Portugal exported €41.4k and imported €13.3k from Maldives, resulting in a positive trade balance of €28.1k. Between December 2023 and December 2024 the exports of Portugal have decreased by €-36.6k (-46.9%) from €78k to €41.4k, while imports decreased by €-12k (-47.3%) from €25.3k to €13.3k.

Trade In December 2024, the top exports of Portugal to Maldives were Cars, tractors, trucks & parts thereof. (€677k), Aluminum articles (€11.4k), Misc. manufactures (€6.09k), Perfumery & cosmetics (€5.58k), and Beverages, spirits, & vinegar (€1.36k). In December 2024 the top imports of Portugal from Maldives were Fish, Crustaceans & Molluscs (€21.2k), Plastics & articles thereof (€90), Live animals (€0), Meat & edible offal (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In December 2024, the decrease in Portugal's year-by-year exports to Maldives was explained primarily by an decrease in product exports in Non-knitted clothing accesories (€-17.4k or -100%), Preparations of vegetables, fruit, nuts or... (€-9.28k or -100%), and Pharmaceutical products (€-7.75k or -85.3%). In December 2024, the decrease in Portugal's year-by-year imports from Maldives was explained primarily by an decrease in product imports in Fish, Crustaceans & Molluscs (€-196 or -0.92%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)€-36.6k(-46.9%)

IMPORT GROWTH (December 2023 - December 2024)€-12k(-47.3%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Maldives and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $2.14M to Maldives. The main products exported from Portugal to Maldives were Blank Audio Media ($219k), Frozen Bovine Meat ($204k), and Non-Knit Men's Suits ($130k). During the last 5 years the exports of Portugal to Maldives have increased at an annualized rate of 12.5%, from $1.19M in 2018 to $2.14M in 2023.

In 2018, Maldives exported $69.9k to Portugal. The main products exported from Maldives to Portugal were Live Fish ($35.5k), Non-fillet Fresh Fish ($13.4k), and Fish Fillets ($13.3k). During the last 5 years the exports of Maldives to Portugal have decreased at an annualized rate of 4.45%, from $87.8k in 2023 to $69.9k in 2018.

Exports from Portugal () to Maldives () (2023)

Exports from Maldives () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Maldives
Top DestinationThailand$115M

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

In 2023, countries that imported more from Portugal than Maldives included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Maldives than Portugal included Thailand ($115M).

Difference in imports from Maldives () and Portugal () (2023)

Comparative Advantage Portugal - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Maldives in the exports of Textiles ($661k), Machines ($448k), and Animal Products ($242k).

During 2018, Maldives had a large net trade with Portugal in the exports of Animal Products ($62.2k), Foodstuffs ($7.42k), and Textiles ($127).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Maldives () (2023)

Exports from Maldives () to Portugal () (2023)

Market Competitiveness

Difference in imports from Maldives () and Portugal () (2023)

Comparative Advantage Portugal - Maldives

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Maldives () (2023)

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