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Maldives Trade Summary

2019

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 2019

Overall Exports and Imports for Maldives 2019

Exports and imports of Maldives in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 158 million.
  • The total value of imports (CIF) was 2,887 million.
  • At the HS6 digit level, 71 products were exported to 49 countries and 2,667 products were imported from 122 countries.

Maldives top 5 Export and Import partners 2019

Top five countries to which Maldives exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Maldives exports to Thailand worth US$ 58 million, with a partner share of 36.43 percent.
  2. Maldives exports to Germany worth US$ 19 million, with a partner share of 11.79 percent.
  3. Maldives exports to France worth US$ 15 million, with a partner share of 9.50 percent.
  4. Maldives exports to United States worth US$ 14 million, with a partner share of 8.80 percent.
  5. Maldives exports to United Kingdom worth US$ 11 million, with a partner share of 7.16 percent.

Top five countries from which Maldives imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Maldives imports from United Arab Emirates worth US$ 543 million, with a partner share of 18.82 percent.
  2. Maldives imports from China worth US$ 469 million, with a partner share of 16.26 percent.
  3. Maldives imports from Singapore worth US$ 354 million, with a partner share of 12.28 percent.
  4. Maldives imports from India worth US$ 290 million, with a partner share of 10.06 percent.
  5. Maldives imports from Malaysia worth US$ 191 million, with a partner share of 6.63 percent.

Maldives Top 5 Productsexports imports at HS 6 digit level 2019

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$ 43,217.80 million.
  2. Maldives exported Prepared or preserved tuna, skipjack and bonito , worth US$ 35,060.41 million.
  3. Maldives exported Fresh or chilled fish fillets , worth US$ 25,699.37 million.
  4. Maldives exported Frozen yellowfin tunas , worth US$ 18,490.63 million.
  5. Maldives exported Fresh or chilled yellowfin tunas , worth US$ 14,282.32 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$ 452,027.26 million.
  2. Maldives imported Transmission apparatus, for radioteleph incorpo , worth US$ 51,095.76 million.
  3. Maldives imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 44,806.97 million.
  4. Maldives imported Aircraft nes of an unladen weight not exceeding , worth US$ 38,181.79 million.
  5. Maldives imported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 34,883.37 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Maldives in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 13.25 percent.
  • The trade weighted average tariff was 18.39 .
  • The total duty free imports in thousands of US dollars were 968,754.42 and duty free tariff line items share was 34.78 percent.

Development Indicators 2019

Key Development Indicators of Maldives in 2019 are below

  • Maldives GDP in current US dollar was 5,609 million.
  • GNI per capita, Atlas method (current US$) was 10,160.00 .
  • Maldives Trade balance: as % of GDP was -9.00.
  • Trade balance in current US$ was -505.00 million.
  • Trade as percentage of GDP was 147.85 .
  • Trade in services as percentage of GDP was 84.12 .

Trade Indicators 2019

Trade Indicators for Maldives in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 1.44.
  • World Growth in percentage was -1.73 and Maldives Country Growth was -3.00 .