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
