Bermuda (BMU) and Maldives (MDV) Trade | The Observatory of Economic Complexity

About

Bermuda-Maldives Trade: In 2022, Bermuda exported $6.61k to Maldives. The main products that Bermuda exported to Maldives were Chocolate ($2.2k), Other Frozen Vegetables ($1.33k), and Hard Liquor ($1.16k). Over the past 6 years the exports of Bermuda to Maldives have increased at an annualized rate of 27.3%, from $1.56k in 2016 to $6.61k in 2022.

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

Maldives-Bermuda In false, Maldives did not export any products to Bermuda.

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

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). 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, Bermuda exported $6.61k to Maldives. The main products exported from Bermuda to Maldives were Chocolate ($2.2k), Other Frozen Vegetables ($1.33k), and Hard Liquor ($1.16k). During the last 6 years the exports of Bermuda to Maldives have increased at an annualized rate of 27.3%, from $1.56k in 2016 to $6.61k in 2022.

Maldives does not register exports to Bermuda.

Exports from Bermuda () to Maldives () (2022)

Exports from Maldives () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Bermuda than Maldives included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from Maldives than Bermuda included India ($488M), Thailand ($79.4M), and Germany ($17.5M).

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

Comparative Advantage Bermuda - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Maldives in the exports of Foodstuffs ($5.47k), Vegetable Products ($759), and Machines ($251).

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Maldives () (2022)

Exports from Maldives () to Bermuda () (2022)

Market Competitiveness

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

Comparative Advantage Bermuda - Maldives

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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