Overall Exports and Imports for Maldives 2023
- The total value of exports (FOB) is US$ 162 million.
- The total value of imports (CIF) is US$ 3,489 million.
- At the HS6 digit level, 67 products are exported to 44 countries and 2,732 products are imported from 118 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Maldives along with trade value are:
- Maldives exported Frozen skipjack or stripe-bellied bonito , worth 83,986.40 (US$ Thousands).
- Maldives exported Prepared or preserved tuna, skipjack and bonito , worth 38,667.59 (US$ Thousands).
- Maldives exported Fresh or chilled fish fillets , worth 9,666.74 (US$ Thousands).
- Maldives exported Frozen yellowfin tunas , worth 9,190.70 (US$ Thousands).
- Maldives exported Fresh or chilled yellowfin tunas , worth 3,464.26 (US$ Thousands).
The top five imported HS 6 digit level products from world by Maldives along with trade value are
- Maldives imported Petroleum oils, etc, (excl. crude); preparation , worth 739,582.87 (US$ Thousands).
- Maldives imported Granite, merely cut into a square or rectangula , worth 65,203.62 (US$ Thousands).
- Maldives imported Transmission apparatus, for radioteleph incorpo , worth 65,101.58 (US$ Thousands).
- Maldives imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 50,691.25 (US$ Thousands).
- Maldives imported Other medicaments of mixed or unmixed products, , worth 41,764.87 (US$ Thousands).
Maldives top 5 Export and Import partners 2023
The top five countries to which Maldives exported 2023 along with the partner share in percentage are:
- Maldives exports to Thailand worth US$ 87 million, with a partner share of 53.91 percent.
- Maldives exports to United Kingdom worth US$ 22 million, with a partner share of 13.74 percent.
- Maldives exports to Germany worth US$ 13 million, with a partner share of 7.84 percent.
- Maldives exports to France worth US$ 6 million, with a partner share of 3.42 percent.
- Maldives exports to India worth US$ 5 million, with a partner share of 3.16 percent.
The top five countries to which Maldives imported goods 2023 along with the share in percentage are
- Maldives imports from India worth US$ 545 million, with a partner share of 15.61 percent.
- Maldives imports from Oman worth US$ 528 million, with a partner share of 15.12 percent.
- Maldives imports from United Arab Emirates worth US$ 451 million, with a partner share of 12.92 percent.
- Maldives imports from China worth US$ 405 million, with a partner share of 11.61 percent.
- Maldives imports from Singapore worth US$ 322 million, with a partner share of 9.22 percent.
Maldives Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Maldives Raw materials exports are worth US$ 116 million, product share of 71.32%.
- Maldives Raw materials imports are worth US$ 419 million, product share of 12.00%.
- Maldives Intermediate goods exports are worth US$ 6 million, product share of 3.97%.
- Maldives Intermediate goods imports are worth US$ 464 million, product share of 13.31%.
- Maldives Consumer goods exports are worth US$ 40 million, product share of 24.70%.
- Maldives Consumer goods imports are worth US$ 1,886 million, product share of 54.05%.
- Maldives Capital goods exports are worth US$ 0 million, product share of 0.01%.
- Maldives Capital goods imports are worth US$ 719 million, product share of 20.62%.
Maldives Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.16.
- Index of export market penetration is 0.16.
- World Growth in percentage is 0.16 and Maldives Country Growth is -32.19.
Maldives Service Trade data from WDI 2023
- Maldives, Service imports (BoP, current US$) is 1,687,966,809.16.
- Maldives, Service exports (BoP, current US$) is 4,458,320,503.92.
- Maldives, Imports of goods and services as percentage of GDP is 75.65 %.
- Maldives, Exports of goods and services as percentage of GDP is 74.38 %.