Exports from Maldives increase by 51%

The total exported goods from the Maldives increased by 51% in March 2023, reported the Maldives Customs Service.

The authority revealed in their most recent statistics, that Maldives exported MVR344 million worth of goods in March.

Imported goods, including fuel, increased by 10% which is MVR4.3 billion. On the other hand, imported goods, excluding fuel, increased by 14% which is MVR3.6 billion.

Major Importing Categories

1. Food items (excluding pork, alcohol, tobacco): MVR924 million
2. Fuel (marine gas oil (diesel), petrol, aviation gas): MVR706 million
3. Machinery and mechanical appliance: MVR596 million
4. Vessels, aircraft and parts thereof: MVR435 million
5. Base metal and articles of base metal: MVR328 million

Major Importing Countries

1. UAE: MVR 753 million
2. India: MVR 696 million
3. Oman: MVR 467 million
4. Singapore: MVR 408 million
5. China: MVR 357 million

Major Exporting Categories

1. Skipjack tuna (stripe-bellied bonito; frozen): MVR224 million
2. Skipjack tuna (prepared or preserved): MVR54 million
3. Yellowfin tuna chunk (fresh or chilled): MVR11 million
4. Yellowfin tuna (fresh or chilled): MVR10 million
5. Yellowfin tuna loins (frozen): MVR9 million

Major Exported Countries

1. Thailand: MVR 225 million
2. UK: MVR 31 million
3. France: MVR 41 million
4. Italy: MVR 9 million
5. Turkiye: MVR 8 million

Maldives Customs Service reported a revenue increment of 3% in March 2023, which is MVR330 million. Royalties collected by the authority in March stood at MVR14 million.