According to data from the Maldives Monetary Authority (MMA), fish exports from the Maldives rose by 16.6% in 2022 compared to 2021.
According to MMA’s Monthly Statistics report, the Maldives exported 7,869.1MT of canned fish as of November 2018, up 16.6% from the 6750.2MT exported during the same period in 2021.
According to the report, as of November last year, canned fish exports had increased, but overall fish exports had decreased due to a reduction in yellowfin tuna shipments. As of November last year, the Maldives exported 8,328.6MT of yellowfin tuna, a 42.4% decrease from the 14,415.3MT exported during the same period in 2021.
Although there have been fewer yellowfin tuna exports since 2021, skipjack exports have surged. As of November 2021, the Maldives exported 45531.8 metric tonnes of skipjack tuna, up 2.81% from the 46812.1 MT shipped during the same time in 2021.
Up until November last year, the amount of fish purchased by fish processing businesses climbed as well. Fish companies purchased 73,731.8MT of fish. The price of skipjack tuna went from USD 0.91 to USD 0.97 per kilogram during that period.