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2022
Exports $8.72MWorld Rnk 140 / 214
Flag Rnk 8 / 454
2022
Destination $8.56M India
2021 - 2022
FASTEST GROWING MARKET $8.56MIndia
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $499MWorld Rnk 135 / 225
Flag Rnk 1 / 1110
2022
Origin $59.1M Oman
2021 - 2022
FASTEST GROWING ORIGIN $59.1MMalaysia

About

Exports In 2022, Maldives exported $8.72M in Refined Petroleum, making it the 140th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most exported product in Maldives. The main destination of Refined Petroleum exports from Maldives are: India ($8.64M), United Arab Emirates ($67.7k), Japan ($4.21k), Australia ($4.05k), and South Korea ($1.97k).

The fastest growing export markets for Refined Petroleum of Maldives between 2021 and 2022 were India ($8.56M), United Arab Emirates ($60k), and Japan ($4.21k).

Imports In 2022, Maldives imported $499M in Refined Petroleum, becoming the 135th 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 ($240M), Malaysia ($75.8M), Singapore ($74.2M), India ($57.6M), and United Arab Emirates ($42.6M).

The fastest growing import markets in Refined Petroleum for Maldives between 2021 and 2022 were Malaysia ($59.1M), Singapore ($19.1M), and Oman ($11.7M).

Latest Trends

Oct 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 Refined Petroleum. 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 (2022)$8.72M
IMPORTS (2022)$499M
NET TRADE (2022)-$491M

In 2022, Maldives exported $8.72M in Refined Petroleum. The main destinations of Maldives exports on Refined Petroleum were India ($8.64M), United Arab Emirates ($67.7k), Japan ($4.21k), Australia ($4.05k), and South Korea ($1.97k).

In 2022, Maldives imported $499M in Refined Petroleum, mainly from Oman ($240M), Malaysia ($75.8M), Singapore ($74.2M), India ($57.6M), and United Arab Emirates ($42.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Maldives WERE (2021 - 2022):
India$8.56M (10.8k%)
United Arab Emirates$60k (786%)
Japan$4.21k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Maldives WERE (2021 - 2022):Turkey-$24 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Maldives's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Maldives's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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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.

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