Overview In 2019 Maldives was the number 148 economy in the world in terms of GDP (current US$), the number 176 in total exports, the number 159 in total imports,
the number 69 economy in terms of GDP per capita (current US$) and the number null most complex economy according to the Economic Complexity Index (ECI).
In 2019, Maldives exported a total of $253M, making it the number 176 exporter in the world. During the last five reported years the exports of Maldives have changed by $74.8M from $178M in 2014 to $253M in 2019.
In 2019 Maldives imported $2.15B, making it the number 159 trade destination in the world. During the last five reported years the imports of Maldives changed by $13M from $2.14B in 2014 to $2.15B in 2019.
In 2017, Maldives exported $3.15B worth of services. The top services exported by Maldives in 2017 were Personal travel ($2.74B), Air transport ($273M), Telecommunications services ($98.8M), Sea transport ($17.1M), and Construction in the compiling economy ($9.55M).
The top services imported by Maldives in 2017 were Air transport ($332M), Miscellaneous business, professional, and technical services ($308M), Personal travel ($288M), Construction in the compiling economy ($154M), and Telecommunications services ($74.4M).
The top export opportunities for Maldives according to the relatedness index, are Crustaceans (0.041), Scrap Copper (0.034), Gold (0.034), Molluscs (0.034), and Crude Petroleum (0.032). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Maldives is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
This network shows the products most related to the production structure of Maldives. These are products that tend to be co-exported with the products that Maldives exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.