Portugal (PRT) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Portugal-Maldives Trade: In 2022, Portugal exported $2.05M to Maldives. The main products that Portugal exported to Maldives were Seats ($241k), Non-Knit Men's Suits ($164k), and Other Furniture ($125k). Over the past 5 years the exports of Portugal to Maldives have increased at an annualized rate of 31.1%, from $530k in 2017 to $2.05M in 2022.

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

Maldives-Portugal Trade: In 2022, Maldives exported $82.6k to Portugal. The main products that Maldives exported to Portugal were Live Fish ($42.1k), Non-fillet Fresh Fish ($27.5k), and Processed Crustaceans ($8.19k). Over the past 5 years the exports of Maldives to Portugal have increased at an annualized rate of 6.47%, from $60.4k in 2017 to $82.6k in 2022.

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

Comparison In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €240k and imported €8.23k from Maldives, resulting in a positive trade balance of €231k. Between August 2023 and August 2024 the exports of Portugal have increased by €203k (544%) from €37.2k to €240k, while imports decreased by €-3.31k (-28.7%) from €11.5k to €8.23k.

Trade In August 2024, the top exports of Portugal to Maldives were Non-knitted clothing accesories (€17.4k), Preparations of vegetables, fruit, nuts or... (€9.28k), Pharmaceutical products (€9.09k), Beverages, spirits, & vinegar (€8.07k), and Used clothes & textile articles (€6.95k). In August 2024 the top imports of Portugal from Maldives were Fish, crustaceans, & molluscs (€21.4k), Live animals (€0), Meat & edible offal (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In August 2024, the increase in Portugal's year-by-year exports to Maldives was explained primarily by an increase in product exports in Non-knitted clothing accesories (€12.5k or 256%), Pharmaceutical products (€9.06k or 29.2k%), and Soap, cleaners, candles, dental, modelling pastes (€1.16k or 240%). In August 2024, the decrease in Portugal's year-by-year imports from Maldives was explained primarily by an decrease in product imports in Optical, photo, & film equipment; medical... (€-411 or -100%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€203k(544%)

IMPORT GROWTH (August 2023 - August 2024)€-3.31k(-28.7%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Maldives and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $2.05M to Maldives. The main products exported from Portugal to Maldives were Seats ($241k), Non-Knit Men's Suits ($164k), and Other Furniture ($125k). During the last 5 years the exports of Portugal to Maldives have increased at an annualized rate of 31.1%, from $530k in 2017 to $2.05M in 2022.

In 2017, Maldives exported $82.6k to Portugal. The main products exported from Maldives to Portugal were Live Fish ($42.1k), Non-fillet Fresh Fish ($27.5k), and Processed Crustaceans ($8.19k). During the last 5 years the exports of Maldives to Portugal have increased at an annualized rate of 6.47%, from $60.4k in 2022 to $82.6k in 2017.

Exports from Portugal () to Maldives () (2022)

Exports from Maldives () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Portugal than Maldives included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Maldives than Portugal included India ($488M), Thailand ($79.4M), and Oman ($14.3M).

Difference in imports from Maldives () and Portugal () (2022)

Comparative Advantage Portugal - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Maldives in the exports of Textiles ($815k), Miscellaneous ($426k), and Foodstuffs ($170k).

During 2017, Maldives had a large net trade with Portugal in the exports of Animal Products ($73.6k), Foodstuffs ($8.19k), and Instruments ($456).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Maldives () (2022)

Exports from Maldives () to Portugal () (2022)

Market Competitiveness

Difference in imports from Maldives () and Portugal () (2022)

Comparative Advantage Portugal - Maldives

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Maldives () (2022)

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