2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$12,530CURRENT US$
Rnk 81 / 196
2013-2023
Flag
GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195

About

United Kingdom-Maldives Trade: In 2023, United Kingdom exported $27.6M to Maldives. The main products that United Kingdom exported to Maldives were Gas Turbines ($2.03M), Hard Liquor ($1.55M), and Brochures ($972k). Over the past 5 years the exports of United Kingdom to Maldives have decreased at an annualized rate of 6.39%, from $38.4M in 2018 to $27.6M in 2023.

In 2023, United Kingdom did not export any services to Maldives.

Maldives-United Kingdom Trade: In 2023, Maldives exported $24.1M to United Kingdom. The main products that Maldives exported to United Kingdom were Processed Fish ($23.4M), Live Fish ($287k), and Fish Fillets ($161k). Over the past 5 years the exports of Maldives to United Kingdom have increased at an annualized rate of 5.63%,  from $18.3M in 2018 to $24.1M in 2023.

In 2023, Maldives did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $27.6M to Maldives. The main products exported from United Kingdom to Maldives were Gas Turbines ($2.03M), Hard Liquor ($1.55M), and Brochures ($972k). During the last 5 years the exports of United Kingdom to Maldives have decreased at an annualized rate of 6.39%, from $38.4M in 2018 to $27.6M in 2023.

In 2018, Maldives exported $24.1M to United Kingdom. The main products exported from Maldives to United Kingdom were Processed Fish ($23.4M), Live Fish ($287k), and Fish Fillets ($161k). During the last 5 years the exports of Maldives to United Kingdom have increased at an annualized rate of 5.63%, from $18.3M in 2023 to $24.1M in 2018.

Exports from United Kingdom (Flag) to Maldives (Flag) (2023)

Exports from Maldives (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Maldives
Top Destination
Thailand$115M

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

In 2023, countries that imported more from United Kingdom than Maldives included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Maldives than from United Kingdom.

Difference in imports from Maldives (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Maldives

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Maldives in the exports of Machines ($9.37M), Foodstuffs ($4.03M), and Chemical Products ($2.65M).

During 2018, Maldives had a large net trade with United Kingdom in the exports of Foodstuffs ($23.4M), Animal Products ($589k), and Arts and Antiques ($38.7k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Maldives (Flag) (2023)

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