Japan (JPN) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Japan (JPN) and Maldives (MDV) Trade

2022

→

Exports $56.1MRnk 130 / 211

2022

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Top Product $11.6MSpark-Ignition Engines

2022

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Exports $3.61MRnk 13 / 95

2022

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Top Product $2.13MDried/Salted/Smoked/Brined Fish

2022

Economic Complexity (ECI) ECI 2.07Rnk 1 / 133

2022

GDP$4.23TCURRENT US$
Rnk 3 / 186

2012-2022

GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186

2022

GDP$6.19BCURRENT US$
Rnk 150 / 186

2012-2022

GDP GROWTH114%CURRENT US$
Rnk 9 / 186

2022

GDP PC $33,815CURRENT US$
Rnk 32 / 186

2012-2022

GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

2022

GDP PC$11,818CURRENT US$
Rnk 71 / 186

2012-2022

GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186

Image 1

Image by Bruno Cordioli
Link: https://flic.kr/p/bwAXab

Image 2

Image by Laika ac
Link: https://flic.kr/p/Xnzm7J

Latest Trends
Historical Data
Economic Complexity

About

Japan-Maldives Trade: In 2022, Japan exported $56.1M to Maldives. The main products that Japan exported to Maldives were Spark-Ignition Engines ($11.6M), Cars ($10.2M), and Engine Parts ($4.48M). Over the past 5 years the exports of Japan to Maldives have increased at an annualized rate of 17.6%, from $24.9M in 2017 to $56.1M in 2022.

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

Maldives-Japan Trade: In 2022, Maldives exported $3.61M to Japan. The main products that Maldives exported to Japan were Dried/Salted/Smoked/Brined Fish ($2.13M), Non-fillet Frozen Fish ($848k), and Processed Fish ($522k). Over the past 5 years the exports of Maldives to Japan have decreased at an annualized rate of 9.78%, from $6.04M in 2017 to $3.61M in 2022.

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

Comparison In 2022, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥304M and imported ¥5.32M from Maldives, resulting in a positive trade balance of ¥299M. Between September 2023 and September 2024 the exports of Japan have decreased by ¥-262M (-46.2%) from ¥566M to ¥304M, while imports decreased by ¥-13.8M (-72.2%) from ¥19.1M to ¥5.32M.

Trade In September 2024, the top exports of Japan to Maldives were Cars (¥97.3M), X-Ray Equipment (¥53M), Chemical Analysis Instruments (¥50.3M), Commodities not elsewhere specified (¥45.5M), and Spark-Ignition Engines (¥44.6M). In September 2024 the top imports of Japan from Maldives were Processed Fish (¥33M), Commodities not elsewhere specified (¥12.8M), Non-fillet Frozen Fish (¥6.37M), and Live Fish (¥471k).

Origins In September 2024 the exports of Japan were mainly from Aichi (¥127M), Kanagawa (¥75.6M), Hyōgo (¥56.7M), Chiba (¥22.2M), and Osaka (¥9.02M), while imports destinations were mainly Fukuoka (¥5.32M).

Growth In September 2024, the decrease in Japan's year-by-year exports to Maldives was explained primarily by an decrease in product exports in Transmissions (¥-7.02M or -96.9%) and Liquid Pumps (¥-4.41M or -86.4%). In September 2024, the decrease in Japan's year-by-year imports from Maldives was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (September 2023 - September 2024)¥-262M(-46.2%)

IMPORT GROWTH (September 2023 - September 2024)¥-13.8M(-72.2%)

MAIN EXPORTER (September 2024)Aichi¥127M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Japan exported $56.1M to Maldives. The main products exported from Japan to Maldives were Spark-Ignition Engines ($11.6M), Cars ($10.2M), and Engine Parts ($4.48M). During the last 5 years the exports of Japan to Maldives have increased at an annualized rate of 17.6%, from $24.9M in 2017 to $56.1M in 2022.

In 2017, Maldives exported $3.61M to Japan. The main products exported from Maldives to Japan were Dried/Salted/Smoked/Brined Fish ($2.13M), Non-fillet Frozen Fish ($848k), and Processed Fish ($522k). During the last 5 years the exports of Maldives to Japan have decreased at an annualized rate of 9.78%, from $6.04M in 2022 to $3.61M in 2017.

Exports from Japan () to Maldives () (2022)

Exports from Maldives () to Japan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Japan
Top DestinationUnited States$137B

Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Japan than Maldives included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Difference in imports from Maldives () and Japan () (2022)

Comparative Advantage Japan - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Japan had a large net trade with Maldives in the exports of Machines ($32.6M), Transportation ($14.5M), and Foodstuffs ($1.82M).

During 2017, Maldives had a large net trade with Japan in the exports of Animal Products ($2.99M), Foodstuffs ($524k), and Machines ($77.6k).

Economic Complexity

Competitive Landscape

Year

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

Product Space of Japan () and Maldives () (2022)

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