Maldives (MDV) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Maldives-Canada Trade: In 2022, Maldives exported $404k to Canada. The main products that Maldives exported to Canada were Non-fillet Fresh Fish ($187k), Processed Fish ($110k), and Integrated Circuits ($39.3k). Over the past 5 years the exports of Maldives to Canada have increased at an annualized rate of 6.37%, from $297k in 2017 to $404k in 2022.

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

Canada-Maldives Trade: In 2022, Canada exported $22.3M to Maldives. The main products that Canada exported to Maldives were Aircraft Parts ($9.29M), Planes, Helicopters, and/or Spacecraft ($5.8M), and Spark-Ignition Engines ($824k). Over the past 5 years the exports of Canada to Maldives have decreased at an annualized rate of 9.85%, from $37.5M in 2017 to $22.3M in 2022.

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

Comparison In 2022, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Maldives exported $404k to Canada. The main products exported from Maldives to Canada were Non-fillet Fresh Fish ($187k), Processed Fish ($110k), and Integrated Circuits ($39.3k). During the last 5 years the exports of Maldives to Canada have increased at an annualized rate of 6.37%, from $297k in 2017 to $404k in 2022.

In 2017, Canada exported $22.3M to Maldives. The main products exported from Canada to Maldives were Aircraft Parts ($9.29M), Planes, Helicopters, and/or Spacecraft ($5.8M), and Spark-Ignition Engines ($824k). During the last 5 years the exports of Canada to Maldives have decreased at an annualized rate of 9.85%, from $37.5M in 2022 to $22.3M in 2017.

Exports from Maldives () to Canada () (2022)

Exports from Canada () to Maldives () (2022)

Latest Data

Trade between Maldives () and Canada ()

Maldives Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Maldives
Top DestinationIndia$488M

Canada
Top DestinationUnited States$438B

This map shows whether countries import more from Maldives or Canada. Each country is colored based on the difference in imports they receive from Maldives and Canada or the difference in the growth in imports.

In 2022, countries that imported more from Maldives than Canada included Mauritius ($11.1M).

In 2022, countries that imported more from Canada than Maldives included United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Maldives () (2022)

Comparative Advantage Maldives - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Maldives and Canada by product, considering products traded by both, Maldives and Canada.

During 2022, Maldives had a large net trade with Canada in the exports of Animal Products ($206k), Foodstuffs ($110k), and Machines ($57.2k).

During 2017, Canada had a large net trade with Maldives in the exports of Transportation ($15.2M), Machines ($2.6M), and Metals ($910k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Maldives and Canada. This means that a dot/product with the flag of Maldives indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Maldives.

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Historical Data

Bilateral Trade by Products

Exports from Maldives () to Canada () (2022)

Exports from Canada () to Maldives () (2022)

Latest Data

Trade between Maldives () and Canada ()

Maldives Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Maldives () (2022)

Comparative Advantage Maldives - Canada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Maldives () and Canada () (2022)

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