2023
Exports
$25.5kWorld Rnk 196 / 225
Flag Rnk 38 / 79
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$52.7MWorld Rnk 157 / 226
Flag Rnk 19 / 96

About

Exports In 2023, Maldives exported $25.5k in Pharmaceutical products, making it the 196th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 38th most exported product in Maldives. The main destination of Pharmaceutical products exports from Maldives are: France ($23.2k), India ($1.82k), Malaysia ($142), Sri Lanka ($104), and Singapore ($89).

The fastest growing export markets for Pharmaceutical products of Maldives between 2022 and 2023 were France ($23.2k), India ($1.82k), and Malaysia ($142).

Imports In 2023, Maldives imported $52.7M in Pharmaceutical products, becoming the 157th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 19th most imported product in Maldives. Maldives imports Pharmaceutical products primarily from: India ($31.7M), Sri Lanka ($3.91M), Pakistan ($3.24M), United Arab Emirates ($3.22M), and Malaysia ($2.53M).

The fastest growing import markets in Pharmaceutical products for Maldives between 2022 and 2023 were India ($4.59M), United Arab Emirates ($3.05M), and Sri Lanka ($2.76M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.5k
IMPORTS (2023)$52.7M
NET TRADE (2023)-$52.7M

In 2023, Maldives exported $25.5k in Pharmaceutical products. The main destinations of Maldives exports on Pharmaceutical products were France ($23.2k), India ($1.82k), Malaysia ($142), Sri Lanka ($104), and Singapore ($89).

In 2023, Maldives imported $52.7M in Pharmaceutical products, mainly from India ($31.7M), Sri Lanka ($3.91M), Pakistan ($3.24M), United Arab Emirates ($3.22M), and Malaysia ($2.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Maldives WERE (2022 - 2023):
France$23.2k (1%)
India$1.82k (1%)
Malaysia$142 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Maldives WERE (2022 - 2023):
Thailand-$89 (-69%)
Singapore-$61 (-40.7%)
Sri Lanka-$8 (-7.14%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Maldives's main exporting competitors in Pharmaceutical products were:
In 2023, Maldives's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Pharmaceutical products’s highest export potential is N/A. With an export gap of N/A.   Pharmaceutical products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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