2022
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GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
Flag
 GDP
$6.19BCURRENT US$
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2012-2022
Flag
GDP GROWTH
114%CURRENT US$
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2022
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GDP PC 
$4,164CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
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2022
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GDP PC
$11,818CURRENT US$
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2012-2022
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GDP PC GROWTH
58.7%CURRENT US$
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About

Vietnam-Maldives In 2022, Vietnam exported $23.7M to Maldives. The main products that Vietnam exported to Maldives are Motorcycles and cycles ($5.87M), Citrus ($1.93M), and Broadcasting Equipment ($1.92M). During the last 27 years the exports of Vietnam to Maldives have increased at an annualized rate of 36.9%, from $4.93k in 1995 to $23.7M in 2022.

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

Maldives-Vietnam In 2022, Maldives exported $1.69M 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). During the last 27 years the exports of Maldives to Vietnam have increased at an annualized rate of 19.5%, from $13.8k in 1995 to $1.69M in 2022.

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

Comparison In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2),  and 19 in total exports ($399B). 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, Vietnam exported $23.7M 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 27 years the exports of Vietnam to Maldives have increased at an annualized rate of 36.9%, from $4.93k in 1995 to $23.7M in 2022.

In 2022, Maldives exported $1.69M 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 22 years the exports of Maldives to Vietnam have increased at an annualized rate of 19.5%, from $13.8k in 2000 to $1.69M in 2022.

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

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

Latest Data

Trade between Vietnam (Flag) and Maldives (Flag)

Maldives Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Maldives
Top Destination
India$488M

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

In 2021, countries that imported more from Vietnam than Maldives were United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2021, countries that imported more from Maldives than Vietnam were Seychelles ($6.14M) and Libya ($79.9k).

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

Comparative Advantage Vietnam - Maldives

Flow
Scale

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

During 2022, Vietnam had a large net trade with Maldives in the exports of Transportation ($6.02M), Machines ($5.09M), and Vegetable Products ($3.24M).

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Maldives. Similarly, the more yellow a dot/product is, the more Maldives has comparative advantage over Vietnam.

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

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