2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$6.19BCURRENT US$
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2012-2022
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GDP GROWTH
114%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC
$11,818CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
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About

Russia-Maldives Trade: In 2022, Russia exported $2.65M to Maldives. The main products that Russia exported to Maldives were Poultry Meat ($1.05M), Chocolate ($409k), and Chemical Analysis Instruments ($292k). Over the past 5 years the exports of Russia to Maldives have increased at an annualized rate of 21.3%, from $1.01M in 2017 to $2.65M 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.

Maldives-Russia Trade: In 2022, Maldives exported $48.9k to Russia. The main products that Maldives exported to Russia were Fish Fillets ($35.3k), Non-fillet Frozen Fish ($11.2k), and Non-fillet Fresh Fish ($2.31k). 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.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $2.65M to Maldives. The main products exported from Russia to Maldives were Poultry Meat ($1.05M), Chocolate ($409k), and Chemical Analysis Instruments ($292k). During the last 5 years the exports of Russia to Maldives have increased at an annualized rate of 21.3%, from $1.01M in 2017 to $2.65M in 2022.

In 2017, Maldives exported $48.9k to Russia. The main products exported from Maldives to Russia were Fish Fillets ($35.3k), Non-fillet Frozen Fish ($11.2k), and Non-fillet Fresh Fish ($2.31k). During the last 5 years the exports of Maldives to Russia have increased at an annualized rate of 40.9%, from $8.81k in 2022 to $48.9k in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Maldives
Top Destination
India$488M

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

In 2022, countries that imported more from Russia than Maldives included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Maldives than Russia included Mauritius ($11.1M), Seychelles ($6.14M), and Bangladesh ($3.88M).

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

Comparative Advantage Russia - Maldives

Flow
Scale

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

During 2022, Russia had a large net trade with Maldives in the exports of Animal Products ($1.28M), Foodstuffs ($575k), and Instruments ($295k).

During 2017, Maldives had a large net trade with Russia in the exports of Animal Products ($48.9k).

Economic Complexity

Competitive Landscape

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

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

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