Maldives trade. Maldives exported frozen skipjack or stripe bellied bonito worth us 5910382 million. Trade policy formulation is mandated to ministry of economic development. The trade policy of the country is formulated in coordination and consultation with the relevant government ministries and in compliance with international obligations agreements treaties and conventions that maldives is signatory to.
In 2018 maldives was the number 154 economy in the world in terms of gdp current us the number 171 in total exports and the number 148 in total imports. The trade policy of the country is formulated in coordination and consultation with the relevant government ministries and in compliance with international obligations agreements treaties and conventions that maldives is signatory to. The top five exported hs 6 digit level products to world by maldives along with trade value are.
Economic indicators for maldives including actual values historical data charts an economic calendar time series statistics business news long term forecasts and short term predictions for maldives economy. Exports to maldives in china averaged 2338935 usd tho from 2014 until 2020 reaching an all time high of 53318 usd tho in february of 2016 and a record low of 3208 usd tho in february of 2014. Trade policy formulation is mandated to ministry of economic development.
In 2004 it was 444 million. The current partners for maldives exports include the united states the united kingdom sri lanka japan thailand and algeria. The trade deficit declined to 233 million in 2000 from 262 million in 1999.
Exports to maldives in china increased to 29030 usd tho in july from 19056 usd tho in june of 2020. The maldives has been running a merchandise trade deficit in the range of 200 to 260 million since 1997. Maldives exported prepared or preserved tuna skipjack and bonito worth us 4052456 million.
The most recent reports about maldives trade shows that for maldives exports both fish and clothing are the top two commodities with an estimation of 123 million.
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