State Earns MVR 332 Million Revenue from Imports and Exports in December 2023

The Maldives Customs Service reported that the state earned MVR 332 million from imports and exports in December 2023, a 9% decrease from MVR 365 million in December 2022. Exports fell 14% to MVR 250 million, with Thailand (66%), UK (9%), and Germany (7%) as top importers. Frozen skipjack tuna was the largest export, valued at US$127 million. Imports dropped to MVR 5.1 billion from MVR 5.6 billion, with China (MVR 782 million), Oman (MVR 768 million), Singapore (MVR 731 million), India (MVR 683 million), and UAE (MVR 591 million) as top suppliers. Major imports included fuel, food, machinery, and electronics.

The Maldives Customs Service reported that the state earned MVR 332 million from imports and exports in December 2023, a 9% decrease from MVR 365 million in December 2022. Exports fell 14% to MVR 250 million, with Thailand (66%), UK (9%), and Germany (7%) as top importers. Frozen skipjack tuna was the largest export, valued at US$127 million. Imports dropped to MVR 5.1 billion from MVR 5.6 billion, with China (MVR 782 million), Oman (MVR 768 million), Singapore (MVR 731 million), India (MVR 683 million), and UAE (MVR 591 million) as top suppliers. Major imports included fuel, food, machinery, and electronics.

The Maldives Customs Service reported that the state earned MVR 332 million from imports and exports in December 2023, a 9% decrease from MVR 365 million in December 2022. Exports fell 14% to MVR 250 million, with Thailand (66%), UK (9%), and Germany (7%) as top importers. Frozen skipjack tuna was the largest export, valued at US$127 million. Imports dropped to MVR 5.1 billion from MVR 5.6 billion, with China (MVR 782 million), Oman (MVR 768 million), Singapore (MVR 731 million), India (MVR 683 million), and UAE (MVR 591 million) as top suppliers. Major imports included fuel, food, machinery, and electronics.

This story involves 1 source and may affect public understanding of customs / revenue.