Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
Excluding fuel, import levels remained stable compared to the same period last year, totalling USD 220.5 million. However, when fuel is included, total imports declined to USD 259.4 million in November, down from USD 278.9 million in November 2023.
November’s key imports included machinery and electrical equipment, fuel products, and food items, with a combined value of USD 32.4 million.
The largest share of imports in November 2024 came from China, India, Singapore, Malaysia, and the United Arab Emirates (UAE).
- China: USD 39.4 million
- India: USD 37.7 million
- Singapore: USD 16.4 million
- Malaysia: USD 10.8 million
- UAE: USD 6.7 million
Imports of food were valued at USD 57.3 million, while machinery and electronic equipment amounted to USD 46.5 million, and fuel imports totalled USD 37.7 million.
On the export front, the Maldives experienced a decline in trade. Fish exports, which were valued at USD 14 million in November 2023, fell to USD 7.8 million in November 2024.
