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Maldives Trade Summary

2021

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 2021

Overall Exports and Imports for Maldives 2021

Exports and imports of Maldives in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 151 million.
  • The total value of imports (CIF) was 2,574 million.
  • At the HS6 digit level, 408 products were exported to 55 countries and 2,682 products were imported from 133 countries.

Maldives top 5 Export and Import partners 2021

Top five countries to which Maldives exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Maldives exports to Thailand worth US$ 70 million, with a partner share of 46.36 percent.
  2. Maldives exports to Germany worth US$ 17 million, with a partner share of 11.43 percent.
  3. Maldives exports to United Kingdom worth US$ 10 million, with a partner share of 6.79 percent.
  4. Maldives exports to France worth US$ 6 million, with a partner share of 4.08 percent.
  5. Maldives exports to India worth US$ 6 million, with a partner share of 3.94 percent.

Top five countries from which Maldives imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Maldives imports from Oman worth US$ 338 million, with a partner share of 13.12 percent.
  2. Maldives imports from United Arab Emirates worth US$ 333 million, with a partner share of 12.95 percent.
  3. Maldives imports from China worth US$ 324 million, with a partner share of 12.58 percent.
  4. Maldives imports from India worth US$ 318 million, with a partner share of 12.36 percent.
  5. Maldives imports from Singapore worth US$ 262 million, with a partner share of 10.18 percent.

Maldives Top 5 Productsexports imports at HS 6 digit level 2021

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$ 63,341.79 million.
  2. Maldives exported Prepared or preserved tuna, skipjack and bonito , worth US$ 32,112.45 million.
  3. Maldives exported Frozen yellowfin tunas , worth US$ 15,314.03 million.
  4. Maldives exported Fresh or chilled fish fillets , worth US$ 14,192.50 million.
  5. Maldives exported Fresh or chilled yellowfin tunas , worth US$ 4,934.55 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$ 440,585.90 million.
  2. Maldives imported Transmission apparatus, for radioteleph incorpo , worth US$ 59,877.62 million.
  3. Maldives imported Aircraft parts nes , worth US$ 34,639.27 million.
  4. Maldives imported Other medicaments of mixed or unmixed products, , worth US$ 33,663.42 million.
  5. Maldives imported Air conditioning machines window or wall types, , worth US$ 28,867.52 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Maldives in 2021 are below

  • The maximum rate of tariff in percentage on any product was 426.77 percent.
  • The simple average tariff across all products was 10.43 percent.
  • The trade weighted average tariff was 10.55 .
  • The total duty free imports in thousands of US dollars were 1,007,833.88 and duty free tariff line items share was 45.04 percent.

Development Indicators 2021

Key Development Indicators of Maldives in 2021 are below

  • Maldives GDP in current US dollar was 5,406 million.
  • GNI per capita, Atlas method (current US$) was 9,590.00 .
  • Maldives Trade balance: as % of GDP was 7.51.
  • Trade balance in current US$ was 406.00 million.
  • Trade as percentage of GDP was 143.09 .
  • Trade in services as percentage of GDP was 88.64 .

Trade Indicators 2021

Trade Indicators for Maldives in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.49.
  • World Growth in percentage was 12.59 and Maldives Country Growth was 8.30 .