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GDP
$6.59BCURRENT US$
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100%CURRENT US$
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$4.2TCURRENT US$
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-19.3%CURRENT US$
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$12,530CURRENT US$
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52.1%CURRENT US$
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$33,767CURRENT US$
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About

Maldives-Japan Trade: In 2023, Maldives exported $4.92M to Japan. The main products that Maldives exported to Japan were Processed Fish ($2.4M), Dried/Salted/Smoked/Brined Fish ($2.02M), and Non-fillet Frozen Fish ($440k). Over the past 5 years the exports of Maldives to Japan have decreased at an annualized rate of 2.62%, from $5.62M in 2018 to $4.92M in 2023.

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

Japan-Maldives Trade: In 2023, Japan exported $42.5M to Maldives. The main products that Japan exported to Maldives were Cars ($12.1M), Spark-Ignition Engines ($9.79M), and Delivery Trucks ($3.3M). Over the past 5 years the exports of Japan to Maldives have increased at an annualized rate of 12.6%,  from $23.5M in 2018 to $42.5M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $4.92M to Japan. The main products exported from Maldives to Japan were Processed Fish ($2.4M), Dried/Salted/Smoked/Brined Fish ($2.02M), and Non-fillet Frozen Fish ($440k). During the last 5 years the exports of Maldives to Japan have decreased at an annualized rate of 2.62%, from $5.62M in 2018 to $4.92M in 2023.

In 2018, Japan exported $42.5M to Maldives. The main products exported from Japan to Maldives were Cars ($12.1M), Spark-Ignition Engines ($9.79M), and Delivery Trucks ($3.3M). During the last 5 years the exports of Japan to Maldives have increased at an annualized rate of 12.6%, from $23.5M in 2023 to $42.5M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Japan (Flag)

Maldives Exports

Japan Exports

Market Competitiveness

Color
Maldives
Top Destination
Thailand$115M
Japan
Top Destination
United States$143B

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

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

In 2023, countries that imported more from Japan than Maldives included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Maldives - Japan

Flow
Scale

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

During 2023, Maldives had a large net trade with Japan in the exports of Animal Products ($2.49M), Foodstuffs ($2.4M), and Machines ($18.4k).

During 2018, Japan had a large net trade with Maldives in the exports of Transportation ($20.3M), Machines ($16.8M), and Instruments ($1.73M).

Economic Complexity

Competitive Landscape

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

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

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