2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186

About

Kuwait-Maldives Trade: In 2022, Kuwait exported $15.5M to Maldives. The main products that Kuwait exported to Maldives were Iron Structures ($6.98M), Other Heating Machinery ($3.37M), and Passenger and Cargo Ships ($2M). Over the past 5 years the exports of Kuwait to Maldives have increased at an annualized rate of 258%, from $26.4k in 2017 to $15.5M in 2022.

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

Maldives-Kuwait Trade: In 2022, Maldives exported $27.3k to Kuwait. The main products that Maldives exported to Kuwait were Imitation Jewellery ($9.72k), Processed Fish ($8.03k), and Knit Sweaters ($3.1k). Over the past 5 years the exports of Maldives to Kuwait have decreased at an annualized rate of 9.51%,  from $44.9k in 2017 to $27.3k in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $15.5M to Maldives. The main products exported from Kuwait to Maldives were Iron Structures ($6.98M), Other Heating Machinery ($3.37M), and Passenger and Cargo Ships ($2M). During the last 5 years the exports of Kuwait to Maldives have increased at an annualized rate of 258%, from $26.4k in 2017 to $15.5M in 2022.

In 2017, Maldives exported $27.3k to Kuwait. The main products exported from Maldives to Kuwait were Imitation Jewellery ($9.72k), Processed Fish ($8.03k), and Knit Sweaters ($3.1k). During the last 5 years the exports of Maldives to Kuwait have decreased at an annualized rate of 9.51%, from $44.9k in 2022 to $27.3k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Maldives (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Maldives
Top Destination
India$488M

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

In 2022, countries that imported more from Kuwait than Maldives included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Maldives than Kuwait included Mauritius ($11.1M), Seychelles ($6.14M), and Namibia ($1.15M).

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

Comparative Advantage Kuwait - Maldives

Flow
Scale

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

During 2022, Kuwait had a large net trade with Maldives in the exports of Metals ($6.98M), Machines ($5.37M), and Transportation ($3.11M).

During 2017, Maldives had a large net trade with Kuwait in the exports of Precious Metals ($9.72k), Foodstuffs ($8.03k), and Textiles ($6.72k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with