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2022
Flag → Flag
Exports $23.7MRnk 121 / 152
2022
Flag → Flag
Top Product $5.87MMotorcycles and cycles
2022
Flag → Flag
Exports $1.69MRnk 19 / 95
2022
Flag → Flag
Top Product $1.61MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
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 GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
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GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$11,818CURRENT US$
Rnk 71 / 186
2012-2022
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GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186

About

Vietnam-Maldives Trade: In 2022, Vietnam exported $23.7M 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 13.1%, from $11.3M in 2016 to $23.7M in 2022.

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

Maldives-Vietnam Trade: 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). Over the past 6 years the exports of Maldives to Vietnam have increased at an annualized rate of 2.15%,  from $1.52M in 2016 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 6 years the exports of Vietnam to Maldives have increased at an annualized rate of 13.1%, from $11.3M in 2016 to $23.7M in 2022.

In 2017, 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 5 years the exports of Maldives to Vietnam have increased at an annualized rate of 2.15%, from $1.52M in 2022 to $1.69M in 2017.

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

In 2022, countries that imported more from Maldives than Vietnam included 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 2017, 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 shows the product space at the HS4 level with the flags of Vietnam and Maldives. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Maldives. Similarly, a dot/product with the flag of Maldives indicates it has a comparative advantage over Vietnam.

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

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