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Maldives Trade Summary

2016

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 2016

Overall Exports and Imports for Maldives 2016

Exports and imports of Maldives in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 140 million.
  • The total value of imports (CIF) was 2,128 million.
  • At the HS6 digit level, 50 products were exported to 39 countries and 2,646 products were imported from 115 countries.

Maldives top 5 Export and Import partners 2016

Top five countries to which Maldives exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Maldives exports to Thailand worth US$ 48 million, with a partner share of 34.42 percent.
  2. Maldives exports to Sri Lanka worth US$ 14 million, with a partner share of 10.19 percent.
  3. Maldives exports to United States worth US$ 12 million, with a partner share of 8.86 percent.
  4. Maldives exports to France worth US$ 12 million, with a partner share of 8.79 percent.
  5. Maldives exports to Germany worth US$ 12 million, with a partner share of 8.73 percent.

Top five countries from which Maldives imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Maldives imports from United Arab Emirates worth US$ 334 million, with a partner share of 15.68 percent.
  2. Maldives imports from Singapore worth US$ 305 million, with a partner share of 14.35 percent.
  3. Maldives imports from China worth US$ 286 million, with a partner share of 13.42 percent.
  4. Maldives imports from India worth US$ 276 million, with a partner share of 12.95 percent.
  5. Maldives imports from Sri Lanka worth US$ 134 million, with a partner share of 6.32 percent.

Maldives Top 5 Productsexports imports at HS 6 digit level 2016

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$ 36,256.99 million.
  2. Maldives exported Fresh or chilled fish fillets , worth US$ 30,462.53 million.
  3. Maldives exported Fresh or chilled yellowfin tunas , worth US$ 25,745.20 million.
  4. Maldives exported Prepared or preserved tuna, skipjack and bonito , worth US$ 15,455.67 million.
  5. Maldives exported Frozen yellowfin tunas , worth US$ 10,286.68 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$ 239,340.23 million.
  2. Maldives imported Aircraft parts nes , worth US$ 37,246.09 million.
  3. Maldives imported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 34,349.97 million.
  4. Maldives imported Portland cement (excl. white) , worth US$ 27,307.30 million.
  5. Maldives imported Granite, merely cut into a square or rectangula , worth US$ 23,875.44 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Maldives in 2016 are below

  • The maximum rate of tariff in percentage on any product was 400 percent.
  • The simple average tariff across all products was 11.41 percent.
  • The trade weighted average tariff was 11.16 .
  • The total duty free imports in thousands of US dollars were 711,903.47 and duty free tariff line items share was 35.69 percent.

Development Indicators 2016

Key Development Indicators of Maldives in 2016 are below

  • Maldives GDP in current US dollar was 4,379 million.
  • GNI per capita, Atlas method (current US$) was 8,450.00 .
  • Maldives Trade balance: as % of GDP was -5.09.
  • Trade balance in current US$ was -223.00 million.
  • Trade as percentage of GDP was 149.05 .
  • Trade in services as percentage of GDP was 91.22 .

Trade Indicators 2016

Trade Indicators for Maldives in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 1.43.
  • World Growth in percentage was -1.38 and Maldives Country Growth was 6.22 .