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Maldives: Trade Statistics

Exporter Rank

128 / 138

Importer Rank

120 / 138

Trade Balance Rank

76 / 138

Total Trade [1]

Total Exports (2021) $151,293,266
Total Imports (2021) $2,573,550,735
Trade Balance (2021) ($2,422,257,469)
Exports of goods and services (% of GDP) (2021) [2] 75.3%
Imports of goods and services (% of GDP) (2021) [2] 67.79%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Thailand $70,145,102
Germany $17,291,886
United Kingdom $10,270,832
France $6,167,151
India $5,957,837
Japan $5,448,712
United States $4,404,880
Mauritius $4,370,736
Netherlands $4,166,133
Italy $3,188,201

Import Partners

Top 10 Import Countries

Country Import USD$
Oman $337,580,183
United Arab Emirates $333,276,250
China $323,710,540
India $318,067,224
Singapore $261,875,868
Sri Lanka $142,139,998
Malaysia $134,608,324
Thailand $71,599,747
United States $63,615,125
Germany $52,375,838

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(03) Seafood $108,837,450
(16) Prepared Meats $32,205,571
(72) Iron & Steel $5,232,935
(23) Animal Feeds $3,315,572
(74) Copper $790,418
(25) Natural Minerals & Stone $257,746
(76) Aluminum $243,965
(27) Oil & Mineral Fuels $90,327
(39) Plastics $85,183
(70) Glass & Glassware $77,076

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $454,830,849
(84) Industrial Machinery $271,291,946
(85) Electrical Machinery $221,871,056
(25) Natural Minerals & Stone $86,085,890
(04) Dairy Products $80,153,770
(94) Furniture $74,870,007
(39) Plastics $71,449,899
(02) Meat $69,880,832
(08) Fruit & Nuts $65,856,238
(73) Iron & Steel Articles $62,300,059

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Maldives