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Maldives Trade Summary

2014

Maldives exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MALDIVES 2014

Overall Exports and Imports for Maldives 2014

Exports and imports of Maldives in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 145 million.
  • The total value of imports (CIF) was 1,993 million.
  • At the HS6 digit level, 29 products were exported to 46 countries and 2,580 products were imported from 87 countries.

Maldives top 5 Export and Import partners 2014

Top five countries to which Maldives exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Maldives exports to Thailand worth US$ 47 million, with a partner share of 32.22 percent.
  2. Maldives exports to France worth US$ 21 million, with a partner share of 14.46 percent.
  3. Maldives exports to United States worth US$ 13 million, with a partner share of 9.04 percent.
  4. Maldives exports to Germany worth US$ 9 million, with a partner share of 6.35 percent.
  5. Maldives exports to Sri Lanka worth US$ 9 million, with a partner share of 6.04 percent.

Top five countries from which Maldives imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Maldives imports from United Arab Emirates worth US$ 473 million, with a partner share of 23.73 percent.
  2. Maldives imports from Singapore worth US$ 350 million, with a partner share of 17.54 percent.
  3. Maldives imports from India worth US$ 171 million, with a partner share of 8.56 percent.
  4. Maldives imports from Malaysia worth US$ 145 million, with a partner share of 7.28 percent.
  5. Maldives imports from Sri Lanka worth US$ 130 million, with a partner share of 6.50 percent.

Maldives Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Maldives along with trade value are:

  1. Maldives exported Frozen skipjack or stripe-bellied bonito , worth US$ 31,789.39 million.
  2. Maldives exported Fresh or chilled yellowfin tunas , worth US$ 29,458.52 million.
  3. Maldives exported Fresh or chilled fish fillets , worth US$ 29,310.84 million.
  4. Maldives exported Prepared or preserved tuna, skipjack and bonito , worth US$ 15,836.09 million.
  5. Maldives exported Frozen yellowfin tunas , worth US$ 15,247.60 million.

The top five imported HS 6 digit level products from world by Maldives along with trade value are

  1. Maldives imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 500,150.71 million.
  2. Maldives imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 56,615.68 million.
  3. Maldives imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 29,357.73 million.
  4. Maldives imported Aircraft parts nes , worth US$ 20,597.72 million.
  5. Maldives imported Semi-milled or wholly milled rice , worth US$ 18,075.78 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Maldives in 2014 are below

  • The maximum rate of tariff in percentage on any product was 400 percent.
  • The simple average tariff across all products was 10.66 percent.
  • The trade weighted average tariff was 7.59 .
  • The total duty free imports in thousands of US dollars were 1,203,995.67 and duty free tariff line items share was 41.08 percent.

Development Indicators 2014

Key Development Indicators of Maldives in 2014 are below

  • Maldives GDP in current US dollar was 3,697 million.
  • GNI per capita, Atlas method (current US$) was 7,320.00 .
  • Maldives Trade balance: as % of GDP was 16.61.
  • Trade balance in current US$ was 614.00 million.
  • Trade as percentage of GDP was 165.98 .
  • Trade in services as percentage of GDP was 102.55 .

Trade Indicators 2014

Trade Indicators for Maldives in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 1.51.
  • World Growth in percentage was 0.26 and Maldives Country Growth was -4.75 .