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2022
Flag → Flag
Exports $417kRnk 27 / 95
2022
Flag → Flag
Top Product $92.3kAircraft Parts
2022
Flag → Flag
Exports $178MRnk 66 / 215
2022
Flag → Flag
Top Product $74.2MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
Flag
GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $11,818CURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Maldives-Singapore Trade: In 2022, Maldives exported $417k to Singapore. The main products that Maldives exported to Singapore were Aircraft Parts ($92.3k), Integrated Circuits ($56.2k), and Engine Parts ($45.1k). Over the past 5 years the exports of Maldives to Singapore have decreased at an annualized rate of 20.7%, from $1.33M in 2017 to $417k in 2022.

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

Singapore-Maldives Trade: In 2022, Singapore exported $178M to Maldives. The main products that Singapore exported to Maldives were Refined Petroleum ($74.2M), Centrifuges ($3.56M), and Large Construction Vehicles ($2.92M). Over the past 5 years the exports of Singapore to Maldives have decreased at an annualized rate of 8.39%,  from $329M in 2017 to $178M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Maldives exported $417k to Singapore. The main products exported from Maldives to Singapore were Aircraft Parts ($92.3k), Integrated Circuits ($56.2k), and Engine Parts ($45.1k). During the last 5 years the exports of Maldives to Singapore have decreased at an annualized rate of 20.7%, from $1.33M in 2017 to $417k in 2022.

In 2017, Singapore exported $178M to Maldives. The main products exported from Singapore to Maldives were Refined Petroleum ($74.2M), Centrifuges ($3.56M), and Large Construction Vehicles ($2.92M). During the last 5 years the exports of Singapore to Maldives have decreased at an annualized rate of 8.39%, from $329M in 2022 to $178M in 2017.

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

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

Latest Data

Trade between Maldives (Flag) and Singapore (Flag)

Maldives Exports

Singapore Exports

Market Competitiveness

Color
Maldives
Top DestinationIndia$488M
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Maldives included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Maldives - Singapore

Flow
Scale

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

During 2022, Maldives had a large net trade with Singapore in the exports of Machines ($194k), Transportation ($94.7k), and Metals ($48.2k).

During 2017, Singapore had a large net trade with Maldives in the exports of Mineral Products ($75.7M), Machines ($42.6M), and Foodstuffs ($12.7M).

Economic Complexity

Competitive Landscape

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

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

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