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2023
Flag → Flag
Exports $3.17MRnk 16 / 93
2023
Flag → Flag
Top Product $2.83MFish Fillets
2023
Flag → Flag
Exports $42.6MRnk 148 / 219
2023
Flag → Flag
Top Product $3.36MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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GDP PC $12,530CURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195
2023
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GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
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GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Maldives-Italy Trade: In 2023, Maldives exported $3.17M to Italy. The main products that Maldives exported to Italy were Fish Fillets ($2.83M), Non-fillet Fresh Fish ($298k), and Party Decorations ($13.6k). Over the past 5 years the exports of Maldives to Italy have decreased at an annualized rate of 28%, from $16.4M in 2018 to $3.17M in 2023.

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

Italy-Maldives Trade: In 2023, Italy exported $42.6M to Maldives. The main products that Italy exported to Maldives were Coffee ($3.36M), Pure Olive Oil ($2.31M), and Centrifuges ($1.73M). Over the past 5 years the exports of Italy to Maldives have decreased at an annualized rate of 4.21%,  from $52.8M in 2018 to $42.6M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $3.17M to Italy. The main products exported from Maldives to Italy were Fish Fillets ($2.83M), Non-fillet Fresh Fish ($298k), and Party Decorations ($13.6k). During the last 5 years the exports of Maldives to Italy have decreased at an annualized rate of 28%, from $16.4M in 2018 to $3.17M in 2023.

In 2018, Italy exported $42.6M to Maldives. The main products exported from Italy to Maldives were Coffee ($3.36M), Pure Olive Oil ($2.31M), and Centrifuges ($1.73M). During the last 5 years the exports of Italy to Maldives have decreased at an annualized rate of 4.21%, from $52.8M in 2023 to $42.6M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Italy (Flag)

Maldives Exports

Italy Exports

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
Italy
Top DestinationGermany$71.4B

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

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

In 2023, countries that imported more from Italy than Maldives included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Maldives - Italy

Flow
Scale

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

During 2023, Maldives had a large net trade with Italy in the exports of Animal Products ($3.13M), Miscellaneous ($20.3k), and Machines ($15.3k).

During 2018, Italy had a large net trade with Maldives in the exports of Machines ($12M), Foodstuffs ($7.44M), and Vegetable Products ($4.37M).

Economic Complexity

Competitive Landscape

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

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

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