China Dominates Imports to Maldives

In December 2023, China became the Maldives' top import source with imports valued at MVR 782 million, accounting for 15% of total imports, a MVR 362 million jump from November. Oman was second with MVR 768 million. The shift reflects the change in administration from Ibrahim Mohamed Solih, who favored India, to President Mohamed Muizzu, who is strengthening ties with China. Muizzu signed 20 MoUs with China during a state visit. Total imports for December were MVR 5.1 billion, exports MVR 250 million (66% to Thailand).

In December 2023, China became the Maldives' top import source with imports valued at MVR 782 million, accounting for 15% of total imports, a MVR 362 million jump from November. Oman was second with MVR 768 million. The shift reflects the change in administration from Ibrahim Mohamed Solih, who favored India, to President Mohamed Muizzu, who is strengthening ties with China. Muizzu signed 20 MoUs with China during a state visit. Total imports for December were MVR 5.1 billion, exports MVR 250 million (66% to Thailand).

In December 2023, China became the Maldives' top import source with imports valued at MVR 782 million, accounting for 15% of total imports, a MVR 362 million jump from November. Oman was second with MVR 768 million. The shift reflects the change in administration from Ibrahim Mohamed Solih, who favored India, to President Mohamed Muizzu, who is strengthening ties with China. Muizzu signed 20 MoUs with China during a state visit. Total imports for December were MVR 5.1 billion, exports MVR 250 million (66% to Thailand).

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