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2023
Flag → Flag
Exports $3.68MRnk 12 / 93
2023
Flag → Flag
Top Product $3.38MRefined Petroleum
2023
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Exports $213MRnk 70 / 221
2023
Flag → Flag
Top Product $79.8MRefined Petroleum
2023
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Economic Complexity (ECI) ECI 1.04Rnk 27 / 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$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Maldives-Malaysia Trade: In 2023, Maldives exported $3.68M to Malaysia. The main products that Maldives exported to Malaysia were Refined Petroleum ($3.38M), Processed Crustaceans ($122k), and Compasses ($47k). Over the past 5 years the exports of Maldives to Malaysia have increased at an annualized rate of 42.8%, from $620k in 2018 to $3.68M in 2023.

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

Malaysia-Maldives Trade: In 2023, Malaysia exported $213M to Maldives. The main products that Malaysia exported to Maldives were Refined Petroleum ($79.8M), Sawn Wood ($15.1M), and Other Pure Vegetable Oils ($6.73M). Over the past 5 years the exports of Malaysia to Maldives have decreased at an annualized rate of 3.15%,  from $251M in 2018 to $213M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $3.68M to Malaysia. The main products exported from Maldives to Malaysia were Refined Petroleum ($3.38M), Processed Crustaceans ($122k), and Compasses ($47k). During the last 5 years the exports of Maldives to Malaysia have increased at an annualized rate of 42.8%, from $620k in 2018 to $3.68M in 2023.

In 2018, Malaysia exported $213M to Maldives. The main products exported from Malaysia to Maldives were Refined Petroleum ($79.8M), Sawn Wood ($15.1M), and Other Pure Vegetable Oils ($6.73M). During the last 5 years the exports of Malaysia to Maldives have decreased at an annualized rate of 3.15%, from $251M in 2023 to $213M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Malaysia (Flag)

Maldives Exports

Malaysia Exports

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Maldives included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Maldives - Malaysia

Flow
Scale

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

During 2023, Maldives had a large net trade with Malaysia in the exports of Mineral Products ($3.38M), Foodstuffs ($124k), and Instruments ($89.1k).

During 2018, Malaysia had a large net trade with Maldives in the exports of Mineral Products ($83.1M), Foodstuffs ($23.7M), and Wood Products ($21.4M).

Economic Complexity

Competitive Landscape

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

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

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