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2022
Flag → Flag
Exports $448Rnk 88 / 95
2022
Flag → Flag
Top Product $357Other Frozen Vegetables
2022
Flag → Flag
Exports $43.8kRnk 139 / 163
2022
Flag → Flag
Top Product $24kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Maldives-Dominican Republic Trade: In 2022, Maldives exported $448 to Dominican Republic. The main products that Maldives exported to Dominican Republic were Other Frozen Vegetables ($357), Trunks and Cases ($79), and Processed Fish ($12). Over the past 8 years the exports of Maldives to Dominican Republic have decreased at an annualized rate of 7.8%, from $858 in 2014 to $448 in 2022.

In 2022, Maldives did not export any services to Dominican Republic.

Dominican Republic-Maldives Trade: In 2022, Dominican Republic exported $43.8k to Maldives. The main products that Dominican Republic exported to Maldives were Hard Liquor ($24k), Electric Motor Parts ($4.84k), and Rolled Tobacco ($4.47k). Over the past 8 years the exports of Dominican Republic to Maldives have increased at an annualized rate of 187%,  from $225 in 2014 to $43.8k in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $448 to Dominican Republic. The main products exported from Maldives to Dominican Republic were Other Frozen Vegetables ($357), Trunks and Cases ($79), and Processed Fish ($12). During the last 8 years the exports of Maldives to Dominican Republic have decreased at an annualized rate of 7.8%, from $858 in 2014 to $448 in 2022.

In 2017, Dominican Republic exported $43.8k to Maldives. The main products exported from Dominican Republic to Maldives were Hard Liquor ($24k), Electric Motor Parts ($4.84k), and Rolled Tobacco ($4.47k). During the last 5 years the exports of Dominican Republic to Maldives have increased at an annualized rate of 187%, from $225 in 2022 to $43.8k in 2017.

Exports from Maldives (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Maldives (Flag) (2022)

Market Competitiveness

Color
Maldives
Top DestinationIndia$488M
Dominican Republic
Top DestinationUnited States$6.85B

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

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

In 2022, countries that imported more from Dominican Republic than Maldives included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Maldives (Flag) (2022)

Comparative Advantage Maldives - Dominican Republic

Flow
Scale

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

During 2022, Maldives had a large net trade with Dominican Republic in the exports of Foodstuffs ($369) and Animal Hides ($79).

During 2017, Dominican Republic had a large net trade with Maldives in the exports of Foodstuffs ($28.5k), Machines ($9.02k), and Instruments ($4.83k).

Economic Complexity

Competitive Landscape

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

Product Space of Maldives (Flag) and Dominican Republic (Flag) (2022)

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