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2022
Flag → Flag
Exports $548kRnk 19 / 95
2022
Flag → Flag
Top Product $1.61MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $11.3MRnk 121 / 152
2022
Flag → Flag
Top Product $5.87MMotorcycles and cycles
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC $11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186
2022
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GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Maldives-Vietnam Trade: In 2022, Maldives exported $548k to Vietnam. The main products that Maldives exported to Vietnam were Non-fillet Frozen Fish ($1.61M), Fish Fillets ($82.7k), and Scrap Iron ($3.6k). Over the past 6 years the exports of Maldives to Vietnam have increased at an annualized rate of 84.7%, from $13.8k in 2016 to $548k in 2022.

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

Vietnam-Maldives Trade: In 2022, Vietnam exported $11.3M to Maldives. The main products that Vietnam exported to Maldives were Motorcycles and cycles ($5.87M), Citrus ($1.93M), and Broadcasting Equipment ($1.92M). Over the past 6 years the exports of Vietnam to Maldives have increased at an annualized rate of 263%,  from $4.93k in 2016 to $11.3M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $548k to Vietnam. The main products exported from Maldives to Vietnam were Non-fillet Frozen Fish ($1.61M), Fish Fillets ($82.7k), and Scrap Iron ($3.6k). During the last 6 years the exports of Maldives to Vietnam have increased at an annualized rate of 84.7%, from $13.8k in 2016 to $548k in 2022.

In 2016, Vietnam exported $11.3M to Maldives. The main products exported from Vietnam to Maldives were Motorcycles and cycles ($5.87M), Citrus ($1.93M), and Broadcasting Equipment ($1.92M). During the last 21 years the exports of Vietnam to Maldives have increased at an annualized rate of 263%, from $4.93k in 1995 to $11.3M in 2016.

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

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

Latest Data

Trade between Maldives (Flag) and Vietnam (Flag)

Maldives Exports

Market Competitiveness

Color
Maldives
Top DestinationIndia$488M
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Maldives than Vietnam included Seychelles ($6.14M) and Libya ($79.9k).

In 2022, countries that imported more from Vietnam than Maldives included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Maldives - Vietnam

Flow
Scale

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

During 2022, Maldives had a large net trade with Vietnam in the exports of Animal Products ($1.69M) and Metals ($3.6k).

During 2016, Vietnam had a large net trade with Maldives in the exports of Transportation ($6.02M), Machines ($5.09M), and Vegetable Products ($3.24M).

Economic Complexity

Competitive Landscape

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

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

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