2023
Exports
$34.3MWorld Rnk 129 / 214
Flag Rnk 4 / 407
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$730MWorld Rnk 123 / 226
Flag Rnk 1 / 1099

About

Exports In 2023, Maldives exported $34.3M in Refined Petroleum, making it the 129th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Maldives. The main destination of Refined Petroleum exports from Maldives are: Singapore ($30.7M), Malaysia ($3.38M), India ($169k), Iceland ($49.4k), and United Arab Emirates ($37k).

The fastest growing export markets for Refined Petroleum of Maldives between 2022 and 2023 were Singapore ($30.7M), Malaysia ($3.38M), and Iceland ($49.4k).

Imports In 2023, Maldives imported $730M in Refined Petroleum, becoming the 123rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Maldives. Maldives imports Refined Petroleum primarily from: Oman ($511M), Malaysia ($79.8M), Singapore ($75.2M), United Arab Emirates ($47.4M), and Sri Lanka ($9.85M).

The fastest growing import markets in Refined Petroleum for Maldives between 2022 and 2023 were Malaysia ($21M), Sri Lanka ($8.63M), and United Arab Emirates ($2.98M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$34.3M
IMPORTS (2023)$730M
NET TRADE (2023)-$696M

In 2023, Maldives exported $34.3M in Refined Petroleum. The main destinations of Maldives exports on Refined Petroleum were Singapore ($30.7M), Malaysia ($3.38M), India ($169k), Iceland ($49.4k), and United Arab Emirates ($37k).

In 2023, Maldives imported $730M in Refined Petroleum, mainly from Oman ($511M), Malaysia ($79.8M), Singapore ($75.2M), United Arab Emirates ($47.4M), and Sri Lanka ($9.85M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Maldives WERE (2022 - 2023):
Singapore$30.7M (16.8M%)
Malaysia$3.38M (983k%)
Iceland$49.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Maldives WERE (2022 - 2023):
India-$43.7M (-99.6%)
United Arab Emirates-$9.92k (-21.1%)
Japan-$4.74k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Maldives's main exporting competitors in Refined Petroleum were:
In 2023, Maldives's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with