Maldives is located in Southern Asia, group of atolls in the Indian Ocean, southwest of Sri Lanka and India. Tourism and fishing are key sectors of the Maldives’ economy which largely contributed to the country’s economic growth in the last decade. With the average of 7% growth in GDP, the country has advanced from a low income country to a middle income country. Main export item is fish and Thailand, Sri Lanka, France and Italy are main export destinations. Maldives mainly imports oil, machinery and electric electronic equipment which are imported from the UAE, Singapore, India, Sri Lanka and Malaysia. It is a member of South Asian Association for Regional Cooperation (SAARC) and the World Trade Organization (WTO).
Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.