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2022
Flag → Flag
Exports $8.71kRnk 63 / 95
2022
Flag → Flag
Top Product $4.4kBroadcasting Equipment
2022
Flag → Flag
Exports $303kRnk 58 / 149
2022
Flag → Flag
Top Product $279kKnotted Carpets
2022
Flag  
GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Maldives-Nepal Trade: In 2022, Maldives exported $8.71k to Nepal. The main products that Maldives exported to Nepal were Broadcasting Equipment ($4.4k), Wood Ornaments ($2.62k), and Bells and Other Metal Ornaments ($807). Over the past 6 years the exports of Maldives to Nepal have increased at an annualized rate of 110%, from $103 in 2016 to $8.71k in 2022.

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

Nepal-Maldives Trade: In 2022, Nepal exported $303k to Maldives. The main products that Nepal exported to Maldives were Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). Over the past 6 years the exports of Nepal to Maldives have increased at an annualized rate of 72.8%,  from $19.7k in 2016 to $303k in 2022.

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

Comparison In 2022,  Maldives ranked 166 in total exports ($689M). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $8.71k to Nepal. The main products exported from Maldives to Nepal were Broadcasting Equipment ($4.4k), Wood Ornaments ($2.62k), and Bells and Other Metal Ornaments ($807). During the last 6 years the exports of Maldives to Nepal have increased at an annualized rate of 110%, from $103 in 2016 to $8.71k in 2022.

In 2017, Nepal exported $303k to Maldives. The main products exported from Nepal to Maldives were Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). During the last 5 years the exports of Nepal to Maldives have increased at an annualized rate of 72.8%, from $19.7k in 2022 to $303k in 2017.

Exports from Maldives (Flag) to Nepal (Flag) (2022)

Exports from Nepal (Flag) to Maldives (Flag) (2022)

Market Competitiveness

Color
Maldives
Top DestinationIndia$488M
Nepal
Top DestinationIndia$956M

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 2022, countries that imported more from Maldives than Nepal included Thailand ($79.4M), Oman ($14.3M), and Mauritius ($11.1M).

In 2022, countries that imported more from Nepal than Maldives included India ($956M), United States ($152M), and Turkey ($28.3M).

Difference in imports from Nepal (Flag) and Maldives (Flag) (2022)

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 Machines ($4.72k), Wood Products ($2.62k), and Metals ($817).

During 2017, Nepal had a large net trade with Maldives in the exports of Textiles ($280k), Instruments ($11.6k), and Vegetable Products ($5.79k).

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) (2022)

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