2023
Flag  
GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC 
$12,530CURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Maldives-Kuwait Trade: In 2023, Maldives exported $14.6k to Kuwait. The main products that Maldives exported to Kuwait were Apples and Pears ($10.4k), Processed Fish ($2.12k), and Non-Knit Women's Suits ($1.65k). Over the past 5 years the exports of Maldives to Kuwait have decreased at an annualized rate of 16.3%, from $35.5k in 2018 to $14.6k in 2023.

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

Kuwait-Maldives Trade: In 2023, Kuwait exported $482k to Maldives. The main products that Kuwait exported to Maldives were Aqueous Paints ($225k), Nonaqueous Paints ($109k), and Brochures ($61.9k). Over the past 5 years the exports of Kuwait to Maldives have increased at an annualized rate of 18%,  from $211k in 2018 to $482k in 2023.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $14.6k to Kuwait. The main products exported from Maldives to Kuwait were Apples and Pears ($10.4k), Processed Fish ($2.12k), and Non-Knit Women's Suits ($1.65k). During the last 5 years the exports of Maldives to Kuwait have decreased at an annualized rate of 16.3%, from $35.5k in 2018 to $14.6k in 2023.

In 2018, Kuwait exported $482k to Maldives. The main products exported from Kuwait to Maldives were Aqueous Paints ($225k), Nonaqueous Paints ($109k), and Brochures ($61.9k). During the last 5 years the exports of Kuwait to Maldives have increased at an annualized rate of 18%, from $211k in 2023 to $482k in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Kuwait (Flag)

Kuwait Exports

Market Competitiveness

Color
Maldives
Top Destination
Thailand$115M
Kuwait
Top Destination
China$17.4B

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

In 2023, countries that imported more from Maldives than Kuwait included Mauritius ($11.5M), Finland ($703k), and Bangladesh ($3.29M).

In 2023, countries that imported more from Kuwait than Maldives included China ($17.4B), India ($9.51B), and Japan ($9.13B).

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

Comparative Advantage Maldives - Kuwait

Flow
Scale

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

During 2023, Maldives had a large net trade with Kuwait in the exports of Vegetable Products ($10.4k), Foodstuffs ($2.12k), and Textiles ($1.65k).

During 2018, Kuwait had a large net trade with Maldives in the exports of Chemical Products ($366k), Paper Goods ($61.9k), and Machines ($39.5k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with