Country export capability

Maldives
export capability

A reported view of Maldives's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

MDV1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$262.5M2024 reported value
Latest imports$4.0B2024 reported value
Trade balance-$3.8BExports minus imports
Export growth-20.5%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Maldives export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Maldives recorded $262.5M in exports and $4.0B in imports. The resulting -$3.8B trade balance gives the latest country-level position a clear context.

Exports changed -20.5% year on year and show a calculated +2.9% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

India received $87.9M in reported exports, representing 33.5% of the latest country total. Aircraft was the largest displayed HS2 export sector at $77.9M and 29.7% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Maldives's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$7.1B2024 macro context
GDP per capita$13.4KCurrent-dollar GDP
Population527.8KReported population
Labor force287.4Reported labor force
Investment rate29.4%National investment rate
Savings rate20.4%National savings rate
Trade openness107.1%Exports + imports / GDP
Exports / GDP6.5%Merchandise exports / GDP
Secondary education66.5%Education context
Tertiary education1.8%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Maldives
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
IndiaINDHigh attention89.2%76.4%50.3%Current trade remains materially below historical peaks
ThailandTHAHigh attention98.8%63.4%29.9%Current trade remains materially below historical peaks
MauritiusMUSHigh attention94.2%5.3%23.4%Buyer-market concentration is the largest observed corridor exposure
Iran (Islamic Republic of)IRNHigh attention100%0%57%Buyer-market concentration is the largest observed corridor exposure
OmanOMNHigh attention100%32.6%5.8%Buyer-market concentration is the largest observed corridor exposure
FranceFRAHigh attention86.2%78.6%1%Current trade remains materially below historical peaks
GermanyDEUWatch27.4%40.7%0.9%Tariff, distance or agreement conditions create market-access friction
BangladeshBGDHigh attention100%5.4%66.4%Buyer-market concentration is the largest observed corridor exposure
USA, Puerto Rico and US Virgin IslandsUSAHigh attention61%81.8%2.2%Tariff, distance or agreement conditions create market-access friction
China, Hong Kong Special Administrative RegionHKGHigh attention51.5%50.8%0%Buyer-market concentration is the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Maldives
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Slowing +10.5%
2ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Accelerating +20.6%
3ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Stable +4%
4USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Declining -8.8%
5USA, Puerto Rico and US Virgin IslandsHS6 847150 · Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$53.9B$45.6B0%Accelerating +60.2%
6USA, Puerto Rico and US Virgin IslandsHS6 847130 · Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$42.7B$33.3B0%Slowing +6.2%
7China, Hong Kong Special Administrative RegionHS6 851712 · Telephones for cellular networks or for other wireless networks$30.3B$32.7B0%Declining -14.5%
8China, Hong Kong Special Administrative RegionHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$58.6B$29.1B0%Accelerating +6.6%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Maldives.
All HS4 export lines2024 ranking
Top HS4 export lines for Maldives
RankHS4Parent HS2 sectorExportsShareActive HS6
18802HS4 detail codeAircraft (88) ↗$77.1M29.4%4
20303HS4 detail codeFish and crustaceans (03) ↗$43.7M16.7%35
31604HS4 detail codePrepared meat and fish (16) ↗$34.2M13%11
42711HS4 detail codeMineral fuels (27) ↗$23.5M9%6
50304HS4 detail codeFish and crustaceans (03) ↗$17.1M6.5%30
62710HS4 detail codeMineral fuels (27) ↗$14.6M5.5%5
71512HS4 detail codeAnimal and vegetable fats (15) ↗$12.7M4.8%3
80302HS4 detail codeFish and crustaceans (03) ↗$6.0M2.3%31
97204HS4 detail codeIron and steel (72) ↗$5.4M2.1%6
102301HS4 detail codeFood industry residues (23) ↗$3.8M1.4%1
110305HS4 detail codeFish and crustaceans (03) ↗$2.9M1.1%16
127404HS4 detail codeCopper (74) ↗$2.7M1%1

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Maldives combines $262.5M in exports with a broad partner network.

In 2024, Maldives recorded $262.5M in reported exports and $4.0B in imports, producing a reported trade deficit of $3.8B. Exports changed -20.5% year on year and +2.9% annualized over three years. Aircraft (HS2 88) was the largest displayed export sector by value.

Destination network

Where Maldives exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Maldives
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1IndiaIND$87.9M33.5%+27.5%+23.9%
2ThailandTHA$39.0M14.9%-60%-17.5%
3United KingdomGBR$20.5M7.8%-14.6%+24.8%
4SingaporeSGP$15.4M5.9%-55.5%+196%
5MauritiusMUS$14.4M5.5%+56.3%+50.3%
6GermanyDEU$13.6M5.2%-14.8%-13.6%
7Iran (Islamic Republic of)IRN$12.7M4.8%+3.9%+889.5%
8OmanOMN$10.0M3.8%+236.8%+51.2%
9FranceFRA$7.1M2.7%-27.1%-17.2%
10Switzerland, LiechtensteinCHE$4.7M1.8%-7.8%-18.6%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$208.6M
2014
$185.2M
2015
$206.8M
2016
$244.6M
2017
$397.6M
2018
$370.2M
2019
$234.7M
2020
$206.1M
2021
$240.8M
2022
$737.1M
2023
$330.0M
2024
$262.5M

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets7Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners0Country context
Shared-language partners0Country context
Average partner distance8,419 kmCalculated average
Partners with FTA2.6%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share72.9%

Covered value under attention

Critical share0%

Covered value marked critical

Below historical peak50.9%

Distance below route peaks

FTA-covered exports39.3%

Covered value with FTA context

Weighted tariff context0.3%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Market access exposure.

Momentum score-13.4

History-based indicator

Partner concentration1,554.6

Partner HHI

Product concentration1,331.8

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3MDV
Exports Usd$262.5M
Imports Usd$4.0B
Trade Balance Usd-$3.8B
Yoy Exports Growth Pct-20.5%
Yoy Imports Growth Pct-4.5%
Exports Cagr 3y Pct2.9%
Imports Cagr 3y Pct12.9%
Export Partner Hhi1,554.6
Export Product Hhi1,331.8
Momentum Score-13.4
Risk Score14.4
Gdp Million Usd7,061.61 million USD
Gdp Per Capita Usd$13.4K
Population527,799
Labor Force287.4
Investment Rate Pct29.4%
Savings Rate Pct20.4%
Secondary Education Pct66.5%
Tertiary Education Pct1.8%
Total Factor Productivity569.1
Trade Openness Pct107.1%
Exports Gdp Pct6.5%
Num Active Partners270
Num Fta Partners7
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0
Num Shared Language Partners0
Avg Partner Distance Km8,419 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta3
Pct Partners Shared Language0
Pct Partners Shared Border0
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km8,593
Num Border Partners0
Num Colonial Partners20
Avg Substitution Elasticity-7.7
Pct Products High Elasticity60
Pct Products Low Elasticity6
Real Market Potential266,363.2
Foreign Market Potential29,106.7

Exposure fields

Country Iso3MDV
All History Lane Count658
Current Lane Count89
Critical Lane Count0
High Attention Lane Count14
High Volatility Lane Count23
Unrecovered Drawdown Lane Count35
Declining Demand Lane Count0
Concentrated Market Lane Count42
Access Friction Lane Count36
Buyer Macro Weakness Lane Count10
Monitored Exports Current Usd$233.2M
Attention Exports Usd$170.1M
Critical Exports Usd$0.0
High Volatility Exports Usd$16.1M
Unrecovered Drawdown Exports Usd$137.5M
Non Fta Exports Usd$141.5M
Monitored Attention Share Pct72.9%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct39.3%
Export Weighted Volatility Cv0.7
Export Weighted Below Peak Pct50.9%
Export Weighted Distance Km4,323 km
Export Weighted Tariff Pct0.3%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$262.5M
Total Imports Latest Usd$4.0B
Trade Balance Latest Usd-$3.8B
Exports Yoy Latest Pct-20.5%
Exports Cagr 3y Latest Pct2.9%
Gdp Latest Million Usd7,061.61 million USD
Gdp Per Capita Latest Usd$13.4K
Population Latest527,799
Investment Rate Latest Pct29.4%
Savings Rate Latest Pct20.4%
Trade Openness Latest Pct107.1%
Exports Gdp Latest Pct6.5%
Active Partners Latest270
Fta Partners Latest7
Foreign Market Potential Latest29,106.7
Gdp 5y Cagr Pct4.3%
Gdp Per Capita 5y Cagr Pct2.6%
Population 5y Cagr Pct1.6%
Partner Hhi Latest1,554.6
Partner Top1 Share Latest Pct33.5%
Partner Top3 Share Latest Pct56.2%
Partner Hhi All Avg1,684.3
Partner Hhi All Max5,047.7
Product Hhi Latest1,331.8
Product Top1 Share Latest Pct29.4%
Product Top3 Share Latest Pct54.5%
Product Hhi All Avg1,271.4
Product Hhi All Max3,535.5
Total Exports Attention Share Pct64.8%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$62.8M$294.7M-$231.9MNot reportedNot reported
1996$79.2M$328.4M-$249.2M+26.1%Not reported
1997$94.3M$352.9M-$258.5M+19.2%Not reported
1998$98.0M$359.8M-$261.8M+3.9%+16%
1999$100.4M$379.4M-$279.1M+2.4%+8.2%
2000$149.7M$426.6M-$276.9M+49.2%+16.6%
2001$163.8M$395.9M-$232.1M+9.4%+18.7%
2002$195.2M$397.0M-$201.8M+19.2%+24.8%
2003$178.9M$469.6M-$290.7M-8.4%+6.1%
2004$214.9M$757.9M-$543.0M+20.1%+9.5%
2005$170.1M$763.9M-$593.8M-20.9%-4.5%
2006$175.1M$1.1B-$903.6M+3%-0.7%
2007$146.5M$1.2B-$1.1B-16.3%-12%
2008$170.3M$1.6B-$1.4B+16.3%+0.1%
2009$102.9M$998.1M-$895.2M-39.6%-16.2%
2010$131.4M$1.1B-$993.5M+27.8%-3.5%
2011$178.6M$1.4B-$1.3B+35.9%+1.6%
2012$213.9M$1.5B-$1.3B+19.7%+27.6%
2013$208.6M$1.8B-$1.6B-2.5%+16.6%
2014$185.2M$1.9B-$1.7B-11.2%+1.2%
2015$206.8M$2.1B-$1.9B+11.6%-1.1%
2016$244.6M$2.3B-$2.1B+18.3%+5.4%
2017$397.6M$2.5B-$2.1B+62.6%+29%
2018$370.2M$3.1B-$2.7B-6.9%+21.4%
2019$234.7M$2.7B-$2.4B-36.6%-1.4%
2020$206.1M$1.8B-$1.6B-12.2%-19.7%
2021$240.8M$2.8B-$2.6B+16.8%-13.3%
2022$737.1M$4.5B-$3.8B+206%+46.4%
2023$330.0M$4.2B-$3.9B-55.2%+17%
2024$262.5M$4.0B-$3.8B-20.5%+2.9%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
188Aircraft$77.9M29.7%1112
203Fish and crustaceans$74.2M28.3%49167
327Mineral fuels$38.1M14.5%828
416Prepared meat and fish$34.4M13.1%2741
515Animal and vegetable fats$12.9M4.9%638
672Iron and steel$5.4M2.1%7133
723Food industry residues$3.8M1.5%610
884Machinery$3.1M1.2%47459
974Copper$2.7M1%340
1071Precious stones and metals$1.7M0.7%1536

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18802Aircraft (88)$77.1M29.4%4
20303Fish and crustaceans (03)$43.7M16.7%35
31604Prepared meat and fish (16)$34.2M13%11
42711Mineral fuels (27)$23.5M9%6
50304Fish and crustaceans (03)$17.1M6.5%30
62710Mineral fuels (27)$14.6M5.5%5
71512Animal and vegetable fats (15)$12.7M4.8%3
80302Fish and crustaceans (03)$6.0M2.3%31
97204Iron and steel (72)$5.4M2.1%6
102301Food industry residues (23)$3.8M1.4%1
110305Fish and crustaceans (03)$2.9M1.1%16
127404Copper (74)$2.7M1%1

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1IndiaIND$87.9M33.5%+27.5%+23.9%
2ThailandTHA$39.0M14.9%-60%-17.5%
3United KingdomGBR$20.5M7.8%-14.6%+24.8%
4SingaporeSGP$15.4M5.9%-55.5%+196%
5MauritiusMUS$14.4M5.5%+56.3%+50.3%
6GermanyDEU$13.6M5.2%-14.8%-13.6%
7Iran (Islamic Republic of)IRN$12.7M4.8%+3.9%+889.5%
8OmanOMN$10.0M3.8%+236.8%+51.2%
9FranceFRA$7.1M2.7%-27.1%-17.2%
10Switzerland, LiechtensteinCHE$4.7M1.8%-7.8%-18.6%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1India (IND)High attention89.2%76.4%50.3%Current trade remains materially below historical peaks
2Thailand (THA)High attention98.8%63.4%29.9%Current trade remains materially below historical peaks
3Mauritius (MUS)High attention94.2%5.3%23.4%Buyer-market concentration is the largest observed corridor exposure
4Iran (Islamic Republic of) (IRN)High attention100%0%57%Buyer-market concentration is the largest observed corridor exposure
5Oman (OMN)High attention100%32.6%5.8%Buyer-market concentration is the largest observed corridor exposure
6France (FRA)High attention86.2%78.6%1%Current trade remains materially below historical peaks
7Germany (DEU)Watch27.4%40.7%0.9%Tariff, distance or agreement conditions create market-access friction
8Bangladesh (BGD)High attention100%5.4%66.4%Buyer-market concentration is the largest observed corridor exposure
9USA, Puerto Rico and US Virgin Islands (USA)High attention61%81.8%2.2%Tariff, distance or agreement conditions create market-access friction
10China, Hong Kong Special Administrative Region (HKG)High attention51.5%50.8%0%Buyer-market concentration is the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Saudi Arabia (SAU)480421new$39.9M1.1%100
2Saudi Arabia (SAU)842230new$195.2M0.3%100
3Netherlands (NLD)842911new$75.0M0.3%100
4Saudi Arabia (SAU)890110new$30.4M0.4%100
5Belgium (BEL)852910new$28.7M0.4%100
6Belgium (BEL)847350new$3.8M4.2%100
7Saudi Arabia (SAU)293090new$27.4M0.6%100
8Turkey (TUR)030342new$8.3M1.3%100
9Netherlands (NLD)842951new$327.6M0.1%100
10Egypt (EGY)160414new$127.1M0.1%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)854231$158.0B$93.1B0%Slowing (+10.5%)
2China (CHN)854232$80.6B$65.7B0%Accelerating (+20.6%)
3China (CHN)854239$81.8B$61.4B0%Stable (+4%)
4USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Declining (-8.8%)
5USA, Puerto Rico and US Virgin Islands (USA)847150$53.9B$45.6B0%Accelerating (+60.2%)
6USA, Puerto Rico and US Virgin Islands (USA)847130$42.7B$33.3B0%Slowing (+6.2%)
7China, Hong Kong Special Administrative Region (HKG)851712$30.3B$32.7B0%Declining (-14.5%)
8China, Hong Kong Special Administrative Region (HKG)854239$58.6B$29.1B0%Accelerating (+6.6%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Maldives export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Maldives export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Maldives.

What is the latest reported export value for Maldives?

Maldives recorded $262.5M in reported exports in 2024.

Which markets receive the most exports from Maldives?

India leads by reported export value at $87.9M in 2024. Five destination lanes are highlighted.

Which sectors lead Maldives's exports?

Aircraft leads by reported value at $77.9M. Five HS2 chapters are highlighted.

How many years of Maldives trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.