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2022
Flag → Flag
Exports $3.88MRnk 12 / 95
2022
Flag → Flag
Top Product $3.24MAnimal Meal and Pellets
2022
Flag → Flag
Exports $7.53MRnk 90 / 139
2022
Flag → Flag
Top Product $973kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $11,818CURRENT US$
Rnk 71 / 186
2012-2022
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GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Maldives-Bangladesh Trade: In 2022, Maldives exported $3.88M to Bangladesh. The main products that Maldives exported to Bangladesh were Animal Meal and Pellets ($3.24M), Fish: dried, salted, smoked or in brine ($619k), and Scrap Iron ($22.5k). Over the past 6 years the exports of Maldives to Bangladesh have increased at an annualized rate of 54.5%, from $285k in 2016 to $3.88M in 2022.

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

Bangladesh-Maldives Trade: In 2022, Bangladesh exported $7.53M to Maldives. The main products that Bangladesh exported to Maldives were Packaged Medicaments ($973k), Flavored Water ($843k), and Knit Men's Suits ($753k). Over the past 6 years the exports of Bangladesh to Maldives have increased at an annualized rate of 20.9%,  from $2.92M in 2016 to $7.53M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $3.88M to Bangladesh. The main products exported from Maldives to Bangladesh were Animal Meal and Pellets ($3.24M), Fish: dried, salted, smoked or in brine ($619k), and Scrap Iron ($22.5k). During the last 6 years the exports of Maldives to Bangladesh have increased at an annualized rate of 54.5%, from $285k in 2016 to $3.88M in 2022.

In 2017, Bangladesh exported $7.53M to Maldives. The main products exported from Bangladesh to Maldives were Packaged Medicaments ($973k), Flavored Water ($843k), and Knit Men's Suits ($753k). During the last 5 years the exports of Bangladesh to Maldives have increased at an annualized rate of 20.9%, from $2.92M in 2022 to $7.53M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Bangladesh (Flag)

Maldives Exports

Market Competitiveness

Color
Maldives
Top DestinationIndia$488M
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Maldives than Bangladesh included Seychelles ($6.14M), Libya ($79.9k), and Russia ($48.9k).

In 2022, countries that imported more from Bangladesh than Maldives included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Maldives - Bangladesh

Flow
Scale

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

During 2022, Maldives had a large net trade with Bangladesh in the exports of Foodstuffs ($3.24M), Animal Products ($619k), and Metals ($22.5k).

During 2017, Bangladesh had a large net trade with Maldives in the exports of Textiles ($3.04M), Foodstuffs ($1.39M), and Vegetable Products ($1.09M).

Economic Complexity

Competitive Landscape

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

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

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