News trade / economy Maldives Impact 7.0/10 2 min read

Maldives Sees 31% Surge in Imports in January, Customs Data Shows

The Maldives saw a 31% increase in import CIF cost in January 2024, reaching MVR 5.1 billion from MVR 3.9 billion in January 2023, according to Maldives Customs Service data. Import-export revenue rose 7% to MVR 373 million, while exports dropped 31% to MVR 173 million. Top import suppliers were UAE (MVR 938M), Oman (MVR 774M), India (MVR 700M), China (MVR 671M), and Singapore (MVR 550M). Thailand was the top export destination (38%), followed by Germany (17%) and UK (15%).

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Feb 26, 2024

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The Maldives saw a 31% increase in import CIF cost in January 2024, reaching MVR 5.1 billion from MVR 3.9 billion in January 2023, according to Maldives Customs Service data. Import-export revenue rose 7% to MVR 373 million, while exports dropped 31% to MVR 173 million. Top import suppliers were UAE (MVR 938M), Oman (MVR 774M), India (MVR 700M), China (MVR 671M), and Singapore (MVR 550M). Thailand was the top export destination (38%), followed by Germany (17%) and UK (15%).

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Maldives Republic

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