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2022
Flag → Flag
Exports $303kRnk 58 / 149
2022
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Top Product $279kKnotted Carpets
2022
Flag → Flag
Exports $8.71kRnk 63 / 95
2022
Flag → Flag
Top Product $4.4kBroadcasting Equipment
2022
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GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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 GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
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GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
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GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
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GDP PC$11,818CURRENT US$
Rnk 71 / 186
2012-2022
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GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186

About

Nepal-Maldives In 2022, Nepal exported $303k to Maldives. The main products that Nepal exported to Maldives are Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). During the last 24 years the exports of Nepal to Maldives have increased at an annualized rate of 23.7%, from $1.85k in 1998 to $303k in 2022.

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

Maldives-Nepal In 2022, Maldives exported $8.71k to Nepal. The main products that Maldives exported to Nepal were Broadcasting Equipment ($4.4k), Wood Ornaments ($2.62k), and Bells and Other Metal Ornaments ($807). During the last 24 years the exports of Maldives to Nepal have increased at an annualized rate of 6.34%, from $1.99k in 1998 to $8.71k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). 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
Value

In 2022, Nepal exported $303k to Maldives. The main products exported from Nepal to Maldives were Knotted Carpets ($279k), Other Musical Instruments ($6.67k), and Percussion ($4.92k). During the last 24 years the exports of Nepal to Maldives have increased at an annualized rate of 23.7%, from $1.85k in 1998 to $303k in 2022.

In 2022, Maldives exported $8.71k to Nepal. The main products exported from Maldives to Nepal were Broadcasting Equipment ($4.4k), Wood Ornaments ($2.62k), and Bells and Other Metal Ornaments ($807). During the last 25 years the exports of Maldives to Nepal have increased at an annualized rate of 6.34%, from $1.99k in 1997 to $8.71k in 2022.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Maldives
Top DestinationIndia$488M

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

In 2021, countries that imported more from Nepal than Maldives were India ($956M), United States ($152M), and Turkey ($28.3M).

In 2021, countries that imported more from Maldives than Nepal were Thailand ($79.4M), Oman ($14.3M), and Mauritius ($11.1M).

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

Comparative Advantage Nepal - Maldives

Flow
Scale

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

During 2022, Nepal had a large net trade with Maldives in the exports of Textiles ($280k), Instruments ($11.6k), and Vegetable Products ($5.79k).

During 2022, Maldives had a large net trade with Nepal in the exports of Machines ($4.72k), Wood Products ($2.62k), and Metals ($817).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nepal has comparative advantage over Maldives. Similarly, the more yellow a dot/product is, the more Maldives has comparative advantage over Nepal.

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

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