2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186

About

Venezuela-Maldives Trade: In 2022, Venezuela exported $360k to Maldives. The main products that Venezuela exported to Maldives were Cleaning Products ($138k), Medical Instruments ($80.6k), and Other Fruits ($38.8k). Over the past 7 years the exports of Venezuela to Maldives have increased at an annualized rate of 175%, from $305 in 2015 to $360k in 2022.

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

Maldives-Venezuela In N/A, Maldives did not export any products to Venezuela.

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

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $360k to Maldives. The main products exported from Venezuela to Maldives were Cleaning Products ($138k), Medical Instruments ($80.6k), and Other Fruits ($38.8k). During the last 7 years the exports of Venezuela to Maldives have increased at an annualized rate of 175%, from $305 in 2015 to $360k in 2022.

Maldives does not register exports to Venezuela.

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

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

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Maldives
Top Destination
India$488M

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

In 2022, countries that imported more from Venezuela than Maldives included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Maldives than Venezuela included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

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

Comparative Advantage Venezuela - Maldives

Flow
Scale

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

During 2022, Venezuela had a large net trade with Maldives in the exports of Chemical Products ($138k), Instruments ($81.5k), and Animal Products ($48.5k).

Economic Complexity

Competitive Landscape

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

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

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