2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH
100%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$12,530CURRENT US$
Rnk 81 / 196
2013-2023
Flag
GDP PC GROWTH
52.1%CURRENT US$
Rnk 44 / 195

About

Oman-Maldives Trade: In 2023, Oman exported $529M to Maldives. The main products that Oman exported to Maldives were Refined Petroleum ($511M), Concentrated Milk ($8.28M), and Cement ($2.86M). Over the past 5 years the exports of Oman to Maldives have increased at an annualized rate of 83.9%, from $25.1M in 2018 to $529M in 2023.

In 2023, Oman did not export any services to Maldives.

Maldives-Oman Trade: In 2023, Maldives exported $3.2M to Oman. The main products that Maldives exported to Oman were Petroleum Gas ($3.12M), Padlocks ($32.7k), and Other Plastic Products ($9k). Over the past 5 years the exports of Maldives to Oman have decreased at an annualized rate of 38%,  from $34.8M in 2018 to $3.2M in 2023.

In 2023, Maldives did not export any services to Oman.

Comparison In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32),  and 48 in total exports ($70.5B). That same year, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $529M to Maldives. The main products exported from Oman to Maldives were Refined Petroleum ($511M), Concentrated Milk ($8.28M), and Cement ($2.86M). During the last 5 years the exports of Oman to Maldives have increased at an annualized rate of 83.9%, from $25.1M in 2018 to $529M in 2023.

In 2018, Maldives exported $3.2M to Oman. The main products exported from Maldives to Oman were Petroleum Gas ($3.12M), Padlocks ($32.7k), and Other Plastic Products ($9k). During the last 5 years the exports of Maldives to Oman have decreased at an annualized rate of 38%, from $34.8M in 2023 to $3.2M in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Maldives (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Maldives
Top Destination
Thailand$115M

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

In 2023, countries that imported more from Oman than Maldives included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Maldives than Oman included Iceland ($55.6k), French Polynesia ($3.78k), and Israel ($2k).

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

Comparative Advantage Oman - Maldives

Flow
Scale

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

During 2023, Oman had a large net trade with Maldives in the exports of Mineral Products ($517M), Animal Products ($8.41M), and Foodstuffs ($2.01M).

During 2018, Maldives had a large net trade with Oman in the exports of Mineral Products ($3.12M), Metals ($35.4k), and Textiles ($22.4k).

Economic Complexity

Competitive Landscape

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

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

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