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Maldives

U.S. - Maldives Trade Facts

In 2019, Maldives GDP was an estimated $5.8 billion (current market exchange rates); real GDP was up by an estimated 5.7%; and the population was 372 thousand. (Source: IMF)

Maldives is currently our 180th largest goods trading partner with $65 million in total (two way) goods trade during 2019. Goods exports totaled $39 million; goods imports totaled $25 million. The U.S. goods trade surplus with Maldives was $14 million in 2019.

According to the Department of Commerce, U.S. exports of goods to Maldives supported an estimated 2 hundred jobs in 2015 (latest data available).

Exports

  • Maldives was the United States' 175th largest goods export market in 2019.
  • U.S. goods exports to Maldives in 2019 were $39 million, up 4.4 percent ($2 million) from 2018 and up 126 percent from 2009.
  • The top export categories (2-digit HS) in 2019 were: aircraft ($13 million), machinery ($8 million), electrical machinery ($4 million), optical and medical instruments ($2 million), and wood and wood products ($1 million).
  • U.S. total exports of agricultural products to Maldives totaled $1 million in 2019.

Imports

  • Maldives was the United States' 154th largest supplier of goods imports in 2019.
  • U.S. goods imports from Maldives totaled $25 million in 2019, down 2.4 percent ($628 thousand) from 2018, but up 775 percent from 2009.
  • The top import categories (2-digit HS) in 2019 were: fish and seafood (fish, fresh or chilled, excluding fish fillets) ($16 million), prepared meat and fish (prepared or preserved fish, caviar) ($7 million), special other (returns) ($964 thousand), special other (low value estimates) ($308 thousand), and machinery ($259 thousand).
  • There were no agricultural products imported from Maldives in 2019.

Trade Balance

  • The U.S. goods trade surplus with Maldives was $14 million in 2019, a 19.4 percent increase ($2 million) over 2018.

Investment

  • Data on U.S. FDI in Maldives are not available. There is no information on the distribution of U.S. FDI in Maldives.
  • Data on Maldives's FDI in the U.S. are not available. There is no information on the distribution of Maldives FDI in the U.S.

NOTE: No services trade data with Maldives are available.

U.S. Goods Trade with Maldives (in millions of dollars)

 

2009

2014

2015

2016

2017

2018

2019

Total

20.3

52.2

56.9

51.4

56.4

63.6

64.7

Exports

17.4

29.0

35.1

31.0

34.4

37.7

39.4

Imports

2.9

23.2

21.7

20.4

22.0

25.9

25.3

Balance

14.5

5.8

13.4

10.6

12.3

11.8

14.1

 

U.S. Agricultural Trade with Maldives (in millions of dollars)

 

2009

2014

2015

2016

2017

2018

2019

Total

1.6

1.8

0.8

0.8

1.3

1.1

1.2

Exports

1.6

1.8

0.8

0.8

1.3

1.1

1.2

Imports

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Balance

1.6

1.8

0.8

0.8

1.3

1.1

1.2

 

U.S. Manufacturing Trade with Maldives (in millions of dollars)

 

2009

2014

2015

2016

2017

2018

2019

Total

16.6

27.0

34.6

29.9

33.9

41.7

45.9

Exports

15.9

26.7

34.0

29.8

33.0

35.3

38.1

Imports

0.8

0.2

0.6

0.1

0.9

6.4

7.8

Balance

15.1

26.5

33.4

29.8

32.1

28.9

30.3

 

an style="font-size:16px">14.3

 

U.S. Services Trade with Maldives (in millions of dollars)

 

2009

2014

2015

2016

2017

2018

2019

Total

NA

NA

NA

NA

NA

NA

NA

Exports

NA

NA

NA

NA

NA

NA

NA

Imports

NA

NA

NA

NA

NA

NA

NA

Balance

NA

NA

NA

NA

NA

NA

NA

 

U.S. NonEnergy Goods Trade with Maldives (in millions of dollars)

 

2009

2014

2015

2016

2017

2018

2019

Total

20.3

52.1

56.8

51.3

56.3

63.4

64.5

Exports

17.4

29.0

35.1

30.9

34.2

37.5

39.2

Imports

2.9

23.2

21.7

20.4

22.0

25.9

25.3

Balance

14.5

5.8

13.3

10.5

12.2

11.6

13.9

 

Last updated:October 2, 2020