2022
Flag  
GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Maldives-Sweden Trade: In 2022, Maldives exported $3.24k to Sweden. The main products that Maldives exported to Sweden were Brochures ($1.16k), Glass Bottles ($354), and Pesticides ($291). Over the past 5 years the exports of Maldives to Sweden have decreased at an annualized rate of 45.5%, from $67.3k in 2017 to $3.24k in 2022.

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

Sweden-Maldives Trade: In 2022, Sweden exported $7.55M to Maldives. The main products that Sweden exported to Maldives were Other Plastic Products ($797k), Liquid Pumps ($664k), and Textile Processing Machines ($442k). Over the past 5 years the exports of Sweden to Maldives have decreased at an annualized rate of 1.49%,  from $8.14M in 2017 to $7.55M in 2022.

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

Comparison In 2022,  Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $3.24k to Sweden. The main products exported from Maldives to Sweden were Brochures ($1.16k), Glass Bottles ($354), and Pesticides ($291). During the last 5 years the exports of Maldives to Sweden have decreased at an annualized rate of 45.5%, from $67.3k in 2017 to $3.24k in 2022.

In 2017, Sweden exported $7.55M to Maldives. The main products exported from Sweden to Maldives were Other Plastic Products ($797k), Liquid Pumps ($664k), and Textile Processing Machines ($442k). During the last 5 years the exports of Sweden to Maldives have decreased at an annualized rate of 1.49%, from $8.14M in 2022 to $7.55M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Maldives
Top Destination
India$488M
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Maldives than Sweden included Seychelles ($6.14M).

In 2022, countries that imported more from Sweden than Maldives included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Maldives - Sweden

Flow
Scale

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

During 2022, Maldives had a large net trade with Sweden in the exports of Paper Goods ($1.16k), Stone And Glass ($354), and Chemical Products ($291).

During 2017, Sweden had a large net trade with Maldives in the exports of Machines ($3.21M), Plastics and Rubbers ($937k), and Chemical Products ($802k).

Economic Complexity

Competitive Landscape

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

Product Space of Maldives (Flag) and Sweden (Flag) (2022)

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