Maldives (MDV) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Maldives-Armenia Trade: In 2022, Maldives exported $5.2k to Armenia. The main products that Maldives exported to Armenia were Non-fillet Fresh Fish ($4.75k) and Fish Fillets ($451). Over the past 9 years the exports of Maldives to Armenia have increased at an annualized rate of 52%, from $120 in 2013 to $5.2k in 2022.

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

Armenia-Maldives Trade: In 2022, Armenia exported $149 to Maldives. The main products that Armenia exported to Maldives were Non-fillet Frozen Fish ($149). Over the past 9 years the exports of Armenia to Maldives have decreased at an annualized rate of 52.6%, from $6.21k in 2013 to $149 in 2022.

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

Comparison In 2022, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Maldives exported $5.2k to Armenia. The main products exported from Maldives to Armenia were Non-fillet Fresh Fish ($4.75k) and Fish Fillets ($451). During the last 9 years the exports of Maldives to Armenia have increased at an annualized rate of 52%, from $120 in 2013 to $5.2k in 2022.

In 2017, Armenia exported $149 to Maldives. The main products exported from Armenia to Maldives were Non-fillet Frozen Fish ($149). During the last 5 years the exports of Armenia to Maldives have decreased at an annualized rate of 52.6%, from $6.21k in 2022 to $149 in 2017.

Exports from Maldives () to Armenia () (2022)

Exports from Armenia () to Maldives () (2022)

Latest Data

Trade between Maldives () and Armenia ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Maldives than Armenia included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

In 2022, countries that imported more from Armenia than Maldives included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Maldives - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Maldives had a large net trade with Armenia in the exports of Animal Products ($5.2k).

During 2017, Armenia had a large net trade with Maldives in the exports of Animal Products ($149).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Maldives () to Armenia () (2022)

Exports from Armenia () to Maldives () (2022)

Latest Data

Trade between Maldives () and Armenia ()

Armenia Exports

Market Competitiveness

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

Comparative Advantage Maldives - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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