2023
Flag  
GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Maldives-Norway Trade: In 2023, Maldives exported $1.09M to Norway. The main products that Maldives exported to Norway were Processed Fish ($886k), Fish Fillets ($170k), and Non-fillet Fresh Fish ($29.1k). Over the past 5 years the exports of Maldives to Norway have increased at an annualized rate of 12.5%, from $605k in 2018 to $1.09M in 2023.

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

Norway-Maldives Trade: In 2023, Norway exported $3.34M to Maldives. The main products that Norway exported to Maldives were Planes, Helicopters, and/or Spacecraft ($2.38M), Non-fillet Frozen Fish ($262k), and Industrial Furnaces ($183k). Over the past 5 years the exports of Norway to Maldives have increased at an annualized rate of 34.3%,  from $763k in 2018 to $3.34M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Maldives exported $1.09M to Norway. The main products exported from Maldives to Norway were Processed Fish ($886k), Fish Fillets ($170k), and Non-fillet Fresh Fish ($29.1k). During the last 5 years the exports of Maldives to Norway have increased at an annualized rate of 12.5%, from $605k in 2018 to $1.09M in 2023.

In 2018, Norway exported $3.34M to Maldives. The main products exported from Norway to Maldives were Planes, Helicopters, and/or Spacecraft ($2.38M), Non-fillet Frozen Fish ($262k), and Industrial Furnaces ($183k). During the last 5 years the exports of Norway to Maldives have increased at an annualized rate of 34.3%, from $763k in 2023 to $3.34M in 2018.

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

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

Latest Data

Trade between Maldives (Flag) and Norway (Flag)

Maldives Exports

Norway Exports

Market Competitiveness

Color
Maldives
Top Destination
Thailand$115M
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Maldives than Norway included Mauritius ($11.5M).

In 2023, countries that imported more from Norway than Maldives included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Maldives - Norway

Flow
Scale

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

During 2023, Maldives had a large net trade with Norway in the exports of Foodstuffs ($886k), Animal Products ($200k), and Footwear and Headwear ($1.29k).

During 2018, Norway had a large net trade with Maldives in the exports of Transportation ($2.39M), Animal Products ($407k), and Machines ($359k).

Economic Complexity

Competitive Landscape

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

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

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