2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 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 
$4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 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

Vietnam-Maldives Trade: In 2023, Vietnam exported $14.2M to Maldives. The main products that Vietnam exported to Maldives were Motorcycles and cycles ($5.68M), Citrus ($2M), and Eggs ($1.35M). Over the past 5 years the exports of Vietnam to Maldives have increased at an annualized rate of 1.49%, from $13.1M in 2018 to $14.2M in 2023.

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

Maldives-Vietnam Trade: In 2023, Maldives exported $2.97M to Vietnam. The main products that Maldives exported to Vietnam were Non-fillet Frozen Fish ($2.97M). Over the past 5 years the exports of Maldives to Vietnam have decreased at an annualized rate of 4.55%,  from $3.75M in 2018 to $2.97M in 2023.

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

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). 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, Vietnam exported $14.2M to Maldives. The main products exported from Vietnam to Maldives were Motorcycles and cycles ($5.68M), Citrus ($2M), and Eggs ($1.35M). During the last 5 years the exports of Vietnam to Maldives have increased at an annualized rate of 1.49%, from $13.1M in 2018 to $14.2M in 2023.

In 2018, Maldives exported $2.97M to Vietnam. The main products exported from Maldives to Vietnam were Non-fillet Frozen Fish ($2.97M). During the last 5 years the exports of Maldives to Vietnam have decreased at an annualized rate of 4.55%, from $3.75M in 2023 to $2.97M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Maldives (Flag)

Maldives Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
Maldives
Top Destination
Thailand$115M

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 2023, countries that imported more from Vietnam than Maldives included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Maldives than Vietnam included Bangladesh ($3.29M), Syria ($493k), and South Korea ($393k).

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

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 2023, Vietnam had a large net trade with Maldives in the exports of Transportation ($5.9M), Vegetable Products ($2.71M), and Machines ($1.75M).

During 2018, Maldives had a large net trade with Vietnam in the exports of Animal Products ($2.97M).

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) (2023)

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