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Maldives Trade Summary

2017

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 2017

Overall Exports and Imports for Maldives 2017

Exports and imports of Maldives in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 199 million.
  • The total value of imports (CIF) was 2,360 million.
  • At the HS6 digit level, 76 products were exported to 40 countries and 2,670 products were imported from 113 countries.

Maldives top 5 Export and Import partners 2017

Top five countries to which Maldives exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Maldives exports to Thailand worth US$ 97 million, with a partner share of 48.62 percent.
  2. Maldives exports to Germany worth US$ 14 million, with a partner share of 7.20 percent.
  3. Maldives exports to United States worth US$ 14 million, with a partner share of 6.97 percent.
  4. Maldives exports to France worth US$ 14 million, with a partner share of 6.97 percent.
  5. Maldives exports to United Kingdom worth US$ 11 million, with a partner share of 5.72 percent.

Top five countries from which Maldives imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Maldives imports from United Arab Emirates worth US$ 438 million, with a partner share of 18.56 percent.
  2. Maldives imports from Singapore worth US$ 318 million, with a partner share of 13.49 percent.
  3. Maldives imports from India worth US$ 284 million, with a partner share of 12.02 percent.
  4. Maldives imports from China worth US$ 281 million, with a partner share of 11.89 percent.
  5. Maldives imports from Malaysia worth US$ 174 million, with a partner share of 7.37 percent.

Maldives Top 5 Productsexports imports at HS 6 digit level 2017

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 76,335.94 (US$ Thousands).
  2. Maldives exported Fresh or chilled fish fillets , worth 29,127.07 (US$ Thousands).
  3. Maldives exported Fresh or chilled yellowfin tunas , worth 25,922.12 (US$ Thousands).
  4. Maldives exported Prepared or preserved tuna, skipjack and bonito , worth 24,507.47 (US$ Thousands).
  5. Maldives exported Frozen yellowfin tunas , worth 21,750.16 (US$ Thousands).

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 303,579.37 (US$ Thousands).
  2. Maldives imported Transmission apparatus, for radioteleph incorpo , worth 49,945.21 (US$ Thousands).
  3. Maldives imported Wood, nes sawn or chipped lengthwise, sliced or , worth 43,157.58 (US$ Thousands).
  4. Maldives imported Pebbles, gravel, shingle and flint , worth 33,457.24 (US$ Thousands).
  5. Maldives imported Portland cement (excl. white) , worth 32,307.28 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Maldives in 2017 are below

  • The maximum rate of tariff in percentage on any product was 400 percent.
  • The simple average tariff across all products was 11.14 percent.
  • The trade weighted average tariff was 12.04 .
  • The total duty free imports in thousands of US dollars were 419,136.10 and duty free tariff line items share was 33.23 percent.

Development Indicators 2017

Key Development Indicators of Maldives in 2017 are below

  • Maldives GDP in current US dollar was 4,754 million.
  • GNI per capita, Atlas method (current US$) was 9,040.00 .
  • Maldives Trade balance: as % of GDP was -6.95.
  • Trade balance in current US$ was -330.00 million.
  • Trade as percentage of GDP was 151.56 .
  • Trade in services as percentage of GDP was 89.93 .

Trade Indicators 2017

Trade Indicators for Maldives in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 1.41.
  • World Growth in percentage was 5.17 and Maldives Country Growth was 20.91 .