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2023
Flag → Flag
Exports $48.7kRnk 99 / 133
2023
Flag → Flag
Top Product $24.6kFruit Juice
2023
Flag → Flag
Exports $5.28kRnk 13 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC $8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC$12,530CURRENT US$
Rnk 81 / 196
2013-2023
Flag
GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195

About

Armenia-Maldives Trade: In 2023, Armenia exported $48.7k to Maldives. The main products that Armenia exported to Maldives were Fruit Juice ($24.6k), Flavored Water ($11.7k), and Metal Mountings ($6.08k). Over the past 16 years the exports of Armenia to Maldives have increased at an annualized rate of 59.8%, from $27 in 2007 to $48.7k in 2023.

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

Maldives-Armenia Trade: In 2023, Maldives exported $5.28k to Armenia. The main products that Maldives exported to Armenia were N/A. Over the past 16 years the exports of Maldives to Armenia have increased at an annualized rate of 18.2%,  from $2.29k in 2007 to $5.28k in 2023.

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

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $48.7k to Maldives. The main products exported from Armenia to Maldives were Fruit Juice ($24.6k), Flavored Water ($11.7k), and Metal Mountings ($6.08k). During the last 16 years the exports of Armenia to Maldives have increased at an annualized rate of 59.8%, from $27 in 2007 to $48.7k in 2023.

In 2017, Maldives exported $5.28k to Armenia. There were not main exports from Maldives to Armenia in 2017. During the last 5 years the exports of Maldives to Armenia have increased at an annualized rate of 18.2%, from $2.29k in 2022 to $5.28k in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Maldives (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Maldives
Top DestinationThailand$115M

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

In 2023, countries that imported more from Armenia than Maldives included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Maldives than Armenia included Thailand ($115M), India ($74.9M), and Singapore ($31.4M).

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

Comparative Advantage Armenia - Maldives

Flow
Scale

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

During 2023, Armenia had a large net trade with Maldives in the exports of Foodstuffs ($36.3k), Metals ($11.5k), and Instruments ($881).

During 2017, Maldives had a large net trade with Armenia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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