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2022
Flag → Flag
Exports $11MRnk 162 / 222
2022
Flag → Flag
Top Product $1.26MOther Frozen Vegetables
2022
Flag → Flag
Exports $295kRnk 31 / 95
2022
Flag → Flag
Top Product $233kFish Fillets
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
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GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$11,818CURRENT US$
Rnk 71 / 186
2012-2022
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GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186

About

Belgium-Maldives Trade: In 2022, Belgium exported $11M to Maldives. The main products that Belgium exported to Maldives were Other Frozen Vegetables ($1.26M), Chocolate ($1.08M), and Vaccines, blood, antisera, toxins and cultures ($994k). Over the past 5 years the exports of Belgium to Maldives have increased at an annualized rate of 3.12%, from $9.42M in 2017 to $11M in 2022.

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

Maldives-Belgium Trade: In 2022, Maldives exported $295k to Belgium. The main products that Maldives exported to Belgium were Fish Fillets ($233k), Non-fillet Fresh Fish ($61k), and Other Printed Material ($621). Over the past 5 years the exports of Maldives to Belgium have decreased at an annualized rate of 23.4%,  from $1.12M in 2017 to $295k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €972k and imported €53.7k from Maldives, resulting in a positive trade balance of €918k. Between July 2023 and July 2024 the exports of Belgium have increased by €362k (59.5%) from €609k to €972k, while imports increased by €44.6k (489%) from €9.12k to €53.7k.

Trade In July 2024, the top exports of Belgium to Maldives were Preparations of vegetables, fruit, nuts or... (€195k), Cocoa & cocoa preparations (€120k), Machinery, mechanical appliances, & parts (€105k), Edible vegetables, roots, & tubers (€36.6k), and Preparations of fish, crustacenas, & molluscs (€32.1k). In July 2024 the top imports of Belgium from Maldives were Fish, crustaceans, & molluscs (€11.6k).

Growth In July 2024, the increase in Belgium's year-by-year exports to Maldives was explained primarily by an increase in product exports in Preparations of vegetables, fruit, nuts or... (€121k or 164%), Machinery, mechanical appliances, & parts (€81.4k or 344%), and Sugars & confectioneries (€28k or 2.33k%). In July 2024, the increase in Belgium's year-by-year imports  from Maldives was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€362k(59.5%)
IMPORT GROWTH (July 2023 - July 2024)€44.6k(489%)

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

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

For full datasets download visit Bulk Download page.

Explore Maldives and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $11M to Maldives. The main products exported from Belgium to Maldives were Other Frozen Vegetables ($1.26M), Chocolate ($1.08M), and Vaccines, blood, antisera, toxins and cultures ($994k). During the last 5 years the exports of Belgium to Maldives have increased at an annualized rate of 3.12%, from $9.42M in 2017 to $11M in 2022.

In 2017, Maldives exported $295k to Belgium. The main products exported from Maldives to Belgium were Fish Fillets ($233k), Non-fillet Fresh Fish ($61k), and Other Printed Material ($621). During the last 5 years the exports of Maldives to Belgium have decreased at an annualized rate of 23.4%, from $1.12M in 2022 to $295k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Belgium than Maldives included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Maldives than from Belgium.

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

Comparative Advantage Belgium - Maldives

Flow
Scale

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

During 2022, Belgium had a large net trade with Maldives in the exports of Foodstuffs ($4.71M), Animal Products ($1.58M), and Chemical Products ($1.49M).

During 2017, Maldives had a large net trade with Belgium in the exports of Animal Products ($294k), Machines ($687), and Paper Goods ($621).

Economic Complexity

Competitive Landscape

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

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

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