2022
Exports
$433kWorld Rnk 177 / 226
Flag Rnk 14 / 80
2022
PRODUCT COMPLEXITY IN Iron or steel articles
1.68Rnk 27 / 1025
2022
Imports
$137MWorld Rnk 141 / 225
Flag Rnk 5 / 96

About

Exports In 2022, Maldives exported $433k in Iron or steel articles, making it the 177th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 14th most exported product in Maldives. The main destination of Iron or steel articles exports from Maldives are: Sri Lanka ($335k), Malaysia ($43.7k), Philippines ($18.3k), India ($11k), and France ($10.8k).

The fastest growing export markets for Iron or steel articles of Maldives between 2021 and 2022 were Sri Lanka ($143k), Malaysia ($15.2k), and France ($10.8k).

Imports In 2022, Maldives imported $137M in Iron or steel articles, becoming the 141st largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 5th most imported product in Maldives. Maldives imports Iron or steel articles primarily from: China ($66.1M), India ($21.9M), United Arab Emirates ($7.65M), United States ($7.52M), and Kuwait ($6.98M).

The fastest growing import markets in Iron or steel articles for Maldives between 2021 and 2022 were China ($28.5M), India ($15.5M), and Kuwait ($6.97M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron or steel articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$433k
IMPORTS (2022)$137M
NET TRADE (2022)-$137M

In 2022, Maldives exported $433k in Iron or steel articles. The main destinations of Maldives exports on Iron or steel articles were Sri Lanka ($335k), Malaysia ($43.7k), Philippines ($18.3k), India ($11k), and France ($10.8k).

In 2022, Maldives imported $137M in Iron or steel articles, mainly from China ($66.1M), India ($21.9M), United Arab Emirates ($7.65M), United States ($7.52M), and Kuwait ($6.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Maldives WERE (2021 - 2022):
Sri Lanka$143k (74.5%)
Malaysia$15.2k (53.2%)
France$10.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Maldives WERE (2021 - 2022):
Singapore-$24.6k (-98.4%)
United Arab Emirates-$12.1k (-96.9%)
Germany-$3.54k (-98.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Maldives's main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Maldives's main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

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N/A
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Iron or steel articles’s highest export potential is N/A. With an export gap of N/A.   Iron or steel articles’s highest import potential is N/A with an import gap of N/A.

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