Maldives (MDV) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Maldives-Russia Trade: In 2022, Maldives exported $48.9k to Russia. The main products that Maldives exported to Russia were N/A. Over the past 5 years the exports of Maldives to Russia have increased at an annualized rate of 40.9%, from $8.81k in 2017 to $48.9k in 2022.

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

Russia-Maldives Trade: In 2022, Russia exported $196k to Maldives. The main products that Russia exported to Maldives were Poultry Meat ($81.8k), Hard Liquor ($38.1k), and Frozen Bovine Meat ($33.6k). Over the past 5 years the exports of Russia to Maldives have decreased at an annualized rate of 43.4%, from $3.37M in 2017 to $196k in 2022.

In 2020, Russia exported services to Maldives worth $2.1M, with Transportation ($1.38M), Other business services ($655k), and Computer and information services ($58k) being the largest in terms of value.

Comparison In 2023, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Maldives exported $48.9k to Russia. There were not main exports from Maldives to Russia in 2022. During the last 5 years the exports of Maldives to Russia have increased at an annualized rate of 40.9%, from $8.81k in 2017 to $48.9k in 2022.

In 2018, Russia exported $196k to Maldives. The main products exported from Russia to Maldives were Poultry Meat ($81.8k), Hard Liquor ($38.1k), and Frozen Bovine Meat ($33.6k). During the last 5 years the exports of Russia to Maldives have decreased at an annualized rate of 43.4%, from $3.37M in 2023 to $196k in 2018.

Exports from Maldives () to Russia () (2023)

Exports from Russia () to Maldives () (2023)

Latest Data

Trade between Maldives () and Russia ()

Maldives Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationThailand$115M

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Maldives than Russia included Mauritius ($11.5M), Bangladesh ($3.29M), and Vietnam ($2.97M).

In 2023, countries that imported more from Russia than Maldives included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Maldives () (2023)

Comparative Advantage Maldives - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2018, Russia had a large net trade with Maldives in the exports of Animal Products ($125k), Foodstuffs ($63.2k), and Miscellaneous ($3.3k).

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Maldives worth $2.1M, with Transportation ($1.38M), Other business services ($655k), and Computer and information services ($58k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Maldives () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Maldives () to Russia () (2023)

Exports from Russia () to Maldives () (2023)

Latest Data

Trade between Maldives () and Russia ()

Maldives Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Maldives () (2023)

Comparative Advantage Maldives - Russia

Bilateral Service Trade

Services Exports from Russia () to Maldives () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Maldives () and Russia () (2023)

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