Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Maldives | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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2023
TOTAL. ALL COMMODITIESMaldivesWorldExportsValue (US$)121,993,061.00161,606,754.00166,504,976.00144,839,922.00144,172,352.00139,592,790.00199,345,279.35181,711,401.08158,015,478.22151,293,266.49158,399,891.64162,055,101.62
Value Growth, YoY (%)64.4032.473.03-13.01-0.46-3.1742.80-8.84-13.044.692.30
ImportsValue (US$)1,411,701,092.001,554,501,652.001,733,283,812.001,992,748,786.001,896,850,040.002,127,968,569.002,359,606,355.412,961,026,844.002,887,030,894.362,573,550,735.383,522,642,777.193,489,004,654.15
Value Growth, YoY (%)28.9010.1111.5014.96-4.8112.1810.8825.48-2.4936.87-0.95

The value of merchandise exports from Maldives totalled $ 162 million in 2023. Merchandise exports from Maldives increased by 2.3% compared to 2022. Goods exports grew up by $ 3.65 million in 2023 (the value of merchandise exports from Maldives amounted to $158 million in 2022)

Maldives's exports 2023 by country

Top export destinations of commodities from Maldives in 2023:

  • Thailand with a share of 53% (87 million US$)
  • United Kingdom with a share of 13.7% (22 million US$)
  • Germany with a share of 7.83% (12.6 million US$)
  • France with a share of 3.42% (5.54 million US$)
  • India with a share of 3.15% (5.11 million US$)
  • Bangladesh with a share of 2.03% (3.29 million US$)
  • Italy with a share of 1.85% (3 million US$)
  • Vietnam with a share of 1.83% (2.97 million US$)
  • Japan with a share of 1.37% (2.23 million US$)
  • USA with a share of 1.29% (2.09 million US$)

Exports structure from Maldives in 2023 represented by the following main commodity groups:

  • 70% (114 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 23% (38 million US$): 16 - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates
  • 2.11% (3.43 million US$): 72 - Iron and steel
  • 2.11% (3.41 million US$): 23 - Residues and waste from the food industries; prepared animal feed
  • 0.824% (1.33 million US$): 74 - Copper and articles thereof
  • 0.158% (257 thousand US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 0.1% (163 thousand US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 0.095% (154 thousand US$): 39 - Plastics and articles thereof
  • 0.079% (128 thousand US$): 76 - Aluminum and articles thereof
  • 0.049% (79 thousand US$): 78 - Lead and articles thereof

What did Maldives export in 2023?

Maldives's Top Exports in 2023:

  • 57% ($93 million): 0303 - Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
  • 23% ($38 million): 1604 - Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs
  • 7.15% ($11.5 million): 0304 - Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
  • 2.84% ($4.6 million): 0302 - Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304
  • 2.11% ($3.43 million): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.
  • 2.11% ($3.41 million): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
  • 1.77% ($2.87 million): 0305 - Fish, dried, salted or in brine; smoked fish, whether or not cooked before, or during the smoking process
  • 0.824% ($1.33 million): 7404 - Copper waste and scrap
  • 0.545% ($883 thousand): 0309 - Flours, meals and pellets of fish, crustaceans, molluscs and other aquatic invertebrates, fit for human consumption
  • 0.382% ($620 thousand): 0301 - Live fish.

The value of merchandise imports to Maldives totalled $ 3.48 billion in 2023. Overall commodity imports to Maldives decreased by 0.954% compared to 2022. Merchandise imports decreased by $ 33 million (the value of merchandise imports to Maldives was equal to $3.52 billion in 2022)

Maldives's imports 2023 by country

Top trading partners (import sources) of Maldives in 2023:

  • India with a share of 15.6% (544 million US$)
  • Oman with a share of 15.1% (527 million US$)
  • United Arab Emirates with a share of 12.9% (450 million US$)
  • China with a share of 11.6% (404 million US$)
  • Singapore with a share of 9.21% (321 million US$)
  • Malaysia with a share of 5.88% (205 million US$)
  • Sri Lanka with a share of 4.65% (162 million US$)
  • Thailand with a share of 2.58% (90 million US$)
  • USA with a share of 2.33% (81 million US$)
  • Germany with a share of 2.13% (74 million US$)

Imports structure to Maldives in 2023 represented by the following main commodity groups:

  • 21% (760 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.57% (334 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 7.83% (273 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.33% (151 million US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 3.2% (111 million US$): 73 - Articles of iron or steel
  • 2.9% (101 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.75% (96 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 2.45% (85 million US$): 02 - Meat and edible meat offal
  • 2.45% (85 million US$): 39 - Plastics and articles thereof
  • 2.43% (84 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

What did Maldives import in 2023?

Maldives's Top Imports in 2023:

  • 21% ($739 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.89% ($66 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.86% ($65 million): 2516 - Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape
  • 1.64% ($57 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 1.45% ($50 million): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 1.39% ($48 million): 2517 - Pebbles, gravel, broken or crushed stone, of a kind commonly used for concrete aggregates, for road metalling or for railway or other ballast, shingle and flint, whether or not heat-treated; macadam of slag, dross or similar industrial waste, whether or not incorporating the materials cited in the first part of the heading; tarred macadam; granules, chippings and powder, of stones of heading 25.15 or 25.16, whether or not heat-treated
  • 1.35% ($47 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.3% ($45 million): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 1.25% ($43 million): 8807 - Aircraft; parts of goods of heading 8801, 8802 or 8806
  • 1.02% ($35 million): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel

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Maldives | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023