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2023
Flag → Flag
Exports $431kRnk 34 / 93
2023
Flag → Flag
Top Product $430kIndustrial Printers
2023
Flag → Flag
Exports $342kRnk 169 / 201
2023
Flag → Flag
Top Product $86.1kFruit Juice
2023
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Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
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GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
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GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
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 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
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GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
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GDP PC $12,530CURRENT US$
Rnk 81 / 195
2013-2023
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GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195
2023
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GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
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GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Maldives-Hungary Trade: In 2023, Maldives exported $431k to Hungary. The main products that Maldives exported to Hungary were Industrial Printers ($430k), Therapeutic Appliances ($258), and Brochures ($134). Over the past 5 years the exports of Maldives to Hungary have increased at an annualized rate of 540%, from $40 in 2018 to $431k in 2023.

In 2023, Maldives did not export any services to Hungary.

Hungary-Maldives Trade: In 2023, Hungary exported $342k to Maldives. The main products that Hungary exported to Maldives were Fruit Juice ($86.1k), Plastic Pipes ($81k), and Fairground Amusements ($48.7k). Over the past 5 years the exports of Hungary to Maldives have increased at an annualized rate of 11.5%,  from $160k in 2018 to $342k in 2023.

In 2023, Hungary did not export any services to Maldives.

Comparison In 2023,  Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $431k to Hungary. The main products exported from Maldives to Hungary were Industrial Printers ($430k), Therapeutic Appliances ($258), and Brochures ($134). During the last 5 years the exports of Maldives to Hungary have increased at an annualized rate of 540%, from $40 in 2018 to $431k in 2023.

In 2018, Hungary exported $342k to Maldives. The main products exported from Hungary to Maldives were Fruit Juice ($86.1k), Plastic Pipes ($81k), and Fairground Amusements ($48.7k). During the last 5 years the exports of Hungary to Maldives have increased at an annualized rate of 11.5%, from $160k in 2023 to $342k in 2018.

Exports from Maldives (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Maldives (Flag) (2023)

Latest Data

Trade between Maldives (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
Hungary
Top DestinationGermany$37.4B

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

In 2023, no countries were registered that imported more from Maldives than from Hungary.

In 2023, countries that imported more from Hungary than Maldives included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Maldives (Flag) (2023)

Comparative Advantage Maldives - Hungary

Flow
Scale

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

During 2023, Maldives had a large net trade with Hungary in the exports of Machines ($430k), Instruments ($258), and Paper Goods ($134).

During 2018, Hungary had a large net trade with Maldives in the exports of Foodstuffs ($102k), Plastics and Rubbers ($85.6k), and Miscellaneous ($58.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Maldives (Flag) and Hungary (Flag) (2023)

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