2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
Flag
 GDP
$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH
114%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$11,818CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
58.7%CURRENT US$
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About

Belgium-Maldives Trade: In 2022, Belgium exported $11M to Maldives. The main products that Belgium exported to Maldives were Other Frozen Vegetables ($1.26M), Chocolate ($1.08M), and Vaccines, blood, antisera, toxins and cultures ($994k). Over the past 5 years the exports of Belgium to Maldives have increased at an annualized rate of 3.12%, from $9.42M in 2017 to $11M in 2022.

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

Maldives-Belgium Trade: In 2022, Maldives exported $295k to Belgium. The main products that Maldives exported to Belgium were Fish Fillets ($233k), Non-fillet Fresh Fish ($61k), and Other Printed Material ($621). Over the past 5 years the exports of Maldives to Belgium have decreased at an annualized rate of 23.4%,  from $1.12M in 2017 to $295k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $11M to Maldives. The main products exported from Belgium to Maldives were Other Frozen Vegetables ($1.26M), Chocolate ($1.08M), and Vaccines, blood, antisera, toxins and cultures ($994k). During the last 5 years the exports of Belgium to Maldives have increased at an annualized rate of 3.12%, from $9.42M in 2017 to $11M in 2022.

In 2017, Maldives exported $295k to Belgium. The main products exported from Maldives to Belgium were Fish Fillets ($233k), Non-fillet Fresh Fish ($61k), and Other Printed Material ($621). During the last 5 years the exports of Maldives to Belgium have decreased at an annualized rate of 23.4%, from $1.12M in 2022 to $295k in 2017.

Exports from Belgium (Flag) to Maldives (Flag) (2022)

Exports from Maldives (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Maldives
Top Destination
India$488M

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

In 2022, countries that imported more from Belgium than Maldives included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Maldives than from Belgium.

Difference in imports from Maldives (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Maldives

Flow
Scale

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

During 2022, Belgium had a large net trade with Maldives in the exports of Foodstuffs ($4.71M), Animal Products ($1.58M), and Chemical Products ($1.49M).

During 2017, Maldives had a large net trade with Belgium in the exports of Animal Products ($294k), Machines ($687), and Paper Goods ($621).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Maldives+N/AN/A
Top Product Potential Maldives Belgium+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Maldives (Flag) (2022)

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