Italy (ITA) and Maldives (MDV) Trade | The Observatory of Economic Complexity

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Italy-Maldives Trade: In 2022, Italy exported $51.9M to Maldives. The main products that Italy exported to Maldives were Coffee ($3.53M), Wine ($2.48M), and Centrifuges ($1.42M). Over the past 5 years the exports of Italy to Maldives have increased at an annualized rate of 4.93%, from $40.8M in 2017 to $51.9M in 2022.

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

Maldives-Italy Trade: In 2022, Maldives exported $6.07M to Italy. The main products that Maldives exported to Italy were Fish Fillets ($5.75M), Non-fillet Fresh Fish ($216k), and Chemical Analysis Instruments ($30.5k). Over the past 5 years the exports of Maldives to Italy have decreased at an annualized rate of 5.01%, from $7.85M in 2017 to $6.07M in 2022.

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

Comparison In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from Maldives, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Maldives were . In N/A the top imports of Italy from Maldives were .

Growth In N/A, the N/A in Italy's year-by-year exports to Maldives was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Maldives was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Italy exported $51.9M to Maldives. The main products exported from Italy to Maldives were Coffee ($3.53M), Wine ($2.48M), and Centrifuges ($1.42M). During the last 5 years the exports of Italy to Maldives have increased at an annualized rate of 4.93%, from $40.8M in 2017 to $51.9M in 2022.

In 2017, Maldives exported $6.07M to Italy. The main products exported from Maldives to Italy were Fish Fillets ($5.75M), Non-fillet Fresh Fish ($216k), and Chemical Analysis Instruments ($30.5k). During the last 5 years the exports of Maldives to Italy have decreased at an annualized rate of 5.01%, from $7.85M in 2022 to $6.07M in 2017.

Exports from Italy () to Maldives () (2022)

Exports from Maldives () to Italy () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$78.5B

Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Italy than Maldives included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Italy had a large net trade with Maldives in the exports of Machines ($15.9M), Foodstuffs ($8.84M), and Vegetable Products ($5.89M).

During 2017, Maldives had a large net trade with Italy in the exports of Animal Products ($5.96M), Instruments ($61k), and Textiles ($22.9k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Maldives () (2022)

Exports from Maldives () to Italy () (2022)

Market Competitiveness

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

Comparative Advantage Italy - Maldives

Economic Complexity

Competitive Landscape

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Maldives () (2022)

Exports from Maldives () to Italy () (2022)

Market Competitiveness

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

Comparative Advantage Italy - Maldives

Economic Complexity

Competitive Landscape

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

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