Nepal (NPL) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Nepal-Maldives Trade: In 2022, Nepal exported $303k to Maldives. The main products that Nepal exported to Maldives were Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). Over the past 5 years the exports of Nepal to Maldives have increased at an annualized rate of 72.8%, from $19.7k in 2017 to $303k in 2022.

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

Maldives-Nepal In N/A, Maldives did not export any products to Nepal.

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

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, Maldives ranked 166 in total exports ($689M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $303k to Maldives. The main products exported from Nepal to Maldives were Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). During the last 5 years the exports of Nepal to Maldives have increased at an annualized rate of 72.8%, from $19.7k in 2017 to $303k in 2022.

Maldives does not register exports to Nepal. The main products exported from Maldives to Nepal were Broadcasting Equipment ($4.4k), Wood Ornaments ($2.62k), and Bells and Other Metal Ornaments ($807).

Exports from Nepal () to Maldives () (2022)

Exports from Maldives () to Nepal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Nepal than Maldives included India ($956M), United States ($152M), and Turkey ($28.3M).

In 2022, countries that imported more from Maldives than Nepal included Thailand ($79.4M), Oman ($14.3M), and Mauritius ($11.1M).

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

Comparative Advantage Nepal - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Maldives in the exports of Textiles ($280k), Instruments ($11.6k), and Vegetable Products ($5.79k).

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 Nepal and Maldives. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Maldives. Similarly, a dot/product with the flag of Maldives indicates it has a comparative advantage over Nepal.

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Maldives () (2022)

Exports from Maldives () to Nepal () (2022)

Market Competitiveness

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

Comparative Advantage Nepal - Maldives

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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