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2022
Flag → Flag
Exports $8.8kRnk 14 / 0
2022
Flag → Flag
Exports $193kRnk 49 / 111
2022
Flag → Flag
Top Product $180kKnotted Carpets
2023
Flag  
GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC $12,530CURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Maldives-Nepal Trade: In 2022, Maldives exported $8.8k to Nepal. The main products that Maldives exported to Nepal were N/A. Over the past 6 years the exports of Maldives to Nepal have increased at an annualized rate of 110%, from $103 in 2016 to $8.8k in 2022.

In 2022, Maldives did not export any services to Nepal.

Nepal-Maldives Trade: In 2022, Nepal exported $193k to Maldives. The main products that Nepal exported to Maldives were Knotted Carpets ($180k), Other Musical Instruments ($6.34k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.29k). Over the past 6 years the exports of Nepal to Maldives have increased at an annualized rate of 9.48%,  from $123k in 2016 to $193k in 2022.

In 2022, Nepal did not export any services to Maldives.

Comparison In 2023,  Maldives ranked 176 in total exports ($361M). That same year, Nepal ranked 156 in total exports ($1.21B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $8.8k to Nepal. There were not main exports from Maldives to Nepal in 2022. During the last 6 years the exports of Maldives to Nepal have increased at an annualized rate of 110%, from $103 in 2016 to $8.8k in 2022.

In 2018, Nepal exported $193k to Maldives. The main products exported from Nepal to Maldives were Knotted Carpets ($180k), Other Musical Instruments ($6.34k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.29k). During the last 5 years the exports of Nepal to Maldives have increased at an annualized rate of 9.48%, from $123k in 2023 to $193k in 2018.

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

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

Market Competitiveness

Color
Maldives
Top DestinationThailand$115M
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Maldives than Nepal included Thailand ($115M), Singapore ($31.4M), and Mauritius ($11.5M).

In 2023, countries that imported more from Nepal than Maldives included India ($811M), United States ($140M), and China ($28.2M).

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

Comparative Advantage Maldives - Nepal

Flow
Scale

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

During 2022, Maldives had a large net trade with Nepal in the exports of .

During 2018, Nepal had a large net trade with Maldives in the exports of Textiles ($181k), Instruments ($7.66k), and Transportation ($3.29k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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