globaltraffic.earth

How dependent is the Maldives on India?

In 2024, India sold $936 million to the Maldives, 22% of its imports, ranking 1st among its suppliers. Its share was 9.9% in 2019 and 11.5% in 1995. In 28 products it sells more than 50% of what the Maldives buys of them (in 8, more than 75%); what the Maldives buys from India in those products (dominated value) adds up to $528 million, 12.4% of its imports.

Summary

Share of its imports
22%
Value imported
$936million
Rank among its suppliers
1st
Products where it sells over 50%
28
Products where it sells over 75%
8
Dominated value
$528million
Share of total imports
12.4%

Trend

Trend in shares

India went from 11.5% to 22% of what the Maldives buys

Share (%)

  • India 22%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19953811.5%2
19964010.5%2
19974310.8%2
1998429.7%2
1999428.5%3
2000418.2%4
20015210.7%3
20025210.8%3
20036010.4%3
2004749.2%3
20059410.5%3
2006969.1%3
200714011%3
200816410.4%3
200915613.5%2
201014511.7%3
201116510.4%3
20121689.9%3
20131698.7%3
20141888.6%3
201524911.7%3
201627811.7%4
20173029.7%5
20182989.2%4
20193059.9%4
202026713.1%2
202135012.4%4
202255613.9%3
202359115.3%1
202493622%1

Products where India sells more than half

ProductSupplierShareSecondValue
Cargo and cruise shipsIndia92.1%over 75%China · 5.6%$300 million
Granite and building stoneIndia78.6%over 75%United Arab Emirates · 20%$51 million
Steel barsIndia53.8%United Arab Emirates · 33.5%$34 million
RiceIndia87.4%over 75%Pakistan · 5.7%$25 million
Medicines in measured doses or retail packsIndia53.1%Pakistan · 6.2%$23 million
Eggs in shellIndia84%over 75%Sri Lanka · 10.2%$19 million
Coated flat steelIndia69.8%China · 21.4%$11 million
Onions and garlicIndia61.9%China · 16.6%$9 million
Polyethers, polyesters and epoxy resinsIndia58.8%United Arab Emirates · 13.8%$6 million
CranesIndia67.3%China · 13.9%$5 million
Melons, watermelons and papayasIndia50.7%Thailand · 17%$5 million
Steel angles and sectionsIndia58.3%China · 36.1%$5 million
PotatoesIndia73.2%Pakistan · 7.5%$5 million
Packing sacks and bagsIndia60.8%China · 19.3%$4 million
TomatoesIndia53%Sri Lanka · 23.1%$4 million
Hot-rolled flat steelIndia78.1%over 75%China · 19.9%$4 million
Books and brochuresIndia59.2%United Kingdom · 21.3%$3 million
Breakfast cerealsIndia55.9%Malaysia · 10.4%$2 million
Large-diameter steel pipesIndia61%Malaysia · 20%$2 million
TugboatsIndia80.7%over 75%Malaysia · 18%$2 million
BananasIndia60.9%Sri Lanka · 27%$2 million
Optical fibers and lensesIndia60.6%Philippines · 9.3%$1 million
Other slag and ashIndia99.6%over 75%Japan · 0.2%$1 million
Forklifts and works trucksIndia52.4%China · 26.4%$1 million
Petroleum coke and bitumenIndia99.9%over 75%Malaysia · 0.1%$1 million
Gauze, bandages and dressingsIndia53.7%China · 10.9%$711 thousand
Anise, coriander and cumin seedsIndia53.6%United Arab Emirates · 21.9%$695 thousand
SaltIndia51.2%Thailand · 27.8%$689 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

The Maldives is India’s 66th-largest customer, with 0.2% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.