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Maldives Asia

International Trade Statistics & Market Analysis • 2024

Imports

2024
Total Value$2.8B
Top Imports From
India
Top ProductTransmission apparatus, for radioteleph incorpo

Exports

2024
Total Value$0.2B
Top Exports To
India
Top ProductPrepared or preserved tuna, skipjack and bonito
Overview
Buyers
Suppliers
Bill of Lading Data
All Products

Countries Maldives Imports From

CountryValueShare
IndiaIndia
$780,257,250
28.3%
ChinaChina
$559,706,500
20.3%
Other
$276,505,840
10%
SingaporeSingapore
$164,849,100
6%
Sri LankaSri Lanka
$124,732,880
4.5%
MalaysiaMalaysia
$112,958,720
4.1%
ThailandThailand
$84,511,230
3.1%
United StatesUnited States
$48,782,370
1.8%
FranceFrance
$48,402,840
1.8%
ItalyItaly
$47,092,010
1.7%
GermanyGermany
$44,340,330
1.6%
OmanOman
$43,547,710
1.6%
IndonesiaIndonesia
$41,278,670
1.5%
JapanJapan
$35,895,830
1.3%
TurkeyTurkey
$31,369,380
1.1%
AustraliaAustralia
$29,985,680
1.1%
BrazilBrazil
$24,642,270
0.9%
United KingdomUnited Kingdom
$23,828,700
0.9%
NetherlandsNetherlands
$21,411,590
0.8%
CanadaCanada
$19,677,260
0.7%
Total$2,760,524,540

Geographical Sourcing & Origin AnalysisOrigins

This dataset identifies the primary nations supplying Maldives. In 2024 the total import value reached$2,760,524,540.India emerged as the leading supplier, contributing28.3%to the sourcing mix across all 87 origins.

Products Maldives Imports

HS CodeProductValueShare
Visual category for product Transmission apparatus, for radioteleph incorpo852520Transmission apparatus, for radioteleph incorpo$72,601,410
2.7%
Visual category for product Aircraft nes of an unladen weight exceeding 15,880240Aircraft nes of an unladen weight exceeding 15,$69,349,160
2.5%
Visual category for product Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et721420Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et$53,595,250
2%
Visual category for product Granite, merely cut into a square or rectangula251612Granite, merely cut into a square or rectangula$50,576,640
1.9%
Visual category for product Aircraft parts nes880330Aircraft parts nes$44,074,760
1.6%
Visual category for product Other medicaments of mixed or unmixed products,300490Other medicaments of mixed or unmixed products,$40,571,930
1.5%
Visual category for product Electric conductors, for a voltage not exceedin854449Electric conductors, for a voltage not exceedin$40,012,710
1.5%
Visual category for product Aircraft engines, spark-ignition reciprocating840710Aircraft engines, spark-ignition reciprocating$30,776,210
1.1%
Visual category for product Portland cement (excl. white)252329Portland cement (excl. white)$29,095,020
1.1%
Visual category for product Semi-milled or wholly milled rice100630Semi-milled or wholly milled rice$28,850,020
1.1%
Visual category for product Other articles of plastics, nes392690Other articles of plastics, nes$27,674,950
1%
Visual category for product Air conditioning machines window or wall types,841510Air conditioning machines window or wall types,$26,861,890
1%
Visual category for product Wood, nes sawn or chipped lengthwise, sliced or440799Wood, nes sawn or chipped lengthwise, sliced or$25,986,650
1%
Visual category for product Frozen boneless bovine meat020230Frozen boneless bovine meat$25,304,600
0.9%
Visual category for product Frozen whole chickens020721Frozen whole chickens$24,561,520
0.9%
Visual category for product Frozen cuts and offal of chicken (excl. livers)020741Frozen cuts and offal of chicken (excl. livers)$23,550,430
0.9%
Visual category for product Aircraft nes of an unladen weight > 2,000 kg bu880230Aircraft nes of an unladen weight > 2,000 kg bu$21,242,360
0.8%
Visual category for product Washing and cleaning preparations, put up for r340220Washing and cleaning preparations, put up for r$19,904,280
0.7%
Visual category for product Dredgers890510Dredgers$18,899,430
0.7%
Visual category for product Pebbles, gravel, shingle and flint251710Pebbles, gravel, shingle and flint$18,503,900
0.7%
Total$2,720,466,760

Product Category BreakdownImports

Classified by HS Codes, these statistics reveal the industrial components commodities entering Maldives. The most significant import category is Transmission apparatus, for radioteleph incorpo representing a 2.7% share of the 2609 major product groups tracked in our database.

Countries Maldives Exports To

CountryValueShare
IndiaIndia
$85,333,970
37.2%
ThailandThailand
$51,129,190
22.3%
United KingdomUnited Kingdom
$21,242,420
9.3%
Other
$17,805,020
7.8%
MauritiusMauritius
$15,417,980
6.7%
GermanyGermany
$11,110,730
4.8%
United StatesUnited States
$3,536,280
1.5%
Sri LankaSri Lanka
$3,507,280
1.5%
SwitzerlandSwitzerland
$2,671,820
1.2%
FranceFrance
$2,447,980
1.1%
JapanJapan
$2,184,050
1%
Hong KongHong Kong
$2,091,540
0.9%
AustriaAustria
$1,760,250
0.8%
NetherlandsNetherlands
$1,637,990
0.7%
Saudi ArabiaSaudi Arabia
$1,409,410
0.6%
SpainSpain
$1,026,060
0.4%
TurkeyTurkey
$625,550
0.3%
SingaporeSingapore
$558,270
0.2%
PhilippinesPhilippines
$499,840
0.2%
CanadaCanada
$448,280
0.2%
Total$229,423,900

Global Destination MarketsTrade Routes

An analysis of Maldives export footprint, which saw a total outbound value of$229,423,900 in 2024.India remains the primary bilateral partner, accounting for37.2% of outbound supply channels.

Products Maldives Exports

HS CodeProductValueShare
Visual category for product Prepared or preserved tuna, skipjack and bonito160414Prepared or preserved tuna, skipjack and bonito$30,571,320
33.4%
Visual category for product Frozen skipjack or stripe-bellied bonito030343Frozen skipjack or stripe-bellied bonito$27,746,930
30.3%
Visual category for product Frozen yellowfin tunas030342Frozen yellowfin tunas$10,601,310
11.6%
Visual category for product Fresh or chilled fish fillets030410Fresh or chilled fish fillets$6,308,490
6.9%
Visual category for product Flours, meals and pellets of fish, etc, unfit f230120Flours, meals and pellets of fish, etc, unfit f$3,809,570
4.2%
Visual category for product Dried fish, not smoked (excl. cod)030559Dried fish, not smoked (excl. cod)$2,678,220
2.9%
Visual category for product Waste and scrap, of alloy steel, other than sta720429Waste and scrap, of alloy steel, other than sta$1,940,060
2.1%
Visual category for product Fresh or chilled fish, nes030269Fresh or chilled fish, nes$1,438,540
1.6%
Visual category for product Fresh or chilled yellowfin tunas030232Fresh or chilled yellowfin tunas$1,368,150
1.5%
Visual category for product Frozen fish fillets030420Frozen fish fillets$1,303,120
1.4%
Visual category for product Waste and scrap, cast iron720410Waste and scrap, cast iron$866,410
0.9%
Visual category for product Cargo vessels nes and other vessels for the tra890190Cargo vessels nes and other vessels for the tra$588,040
0.6%
Visual category for product Live ornamental fish030110Live ornamental fish$401,240
0.4%
Visual category for product Molluscs and other aquatic invertebrates, prepa160590Molluscs and other aquatic invertebrates, prepa$280,970
0.3%
Visual category for product Other live fish030199Other live fish$272,390
0.3%
Visual category for product Waste, parings and scrap, of other plastics, ne391590Waste, parings and scrap, of other plastics, ne$255,040
0.3%
Visual category for product Motorboats, other than outboard motorboats890392Motorboats, other than outboard motorboats$233,570
0.3%
Visual category for product Ferrous waste and scrap, iron or steel, nes720449Ferrous waste and scrap, iron or steel, nes$201,490
0.2%
Visual category for product Frozen fish meat (excl. fillets)030490Frozen fish meat (excl. fillets)$192,960
0.2%
Visual category for product Chemical products and residual products of chem382390Chemical products and residual products of chem$129,340
0.1%
Total$91,457,130

Production & Manufacturing OutputExports

Identify Maldives top-performing manufacturing strengths. The dominant export sector is Prepared or preserved tuna, skipjack and bonito which contributes33.4% to the nation's overall output across70 active export sectors.

Maldives Trade Performance Analysis

Economic Indicators & Market Flow • 2024

ID: MV-2024-STAT

Based on 2024 trade records,Maldives maintains a robust commercial profile within Asia. The nation's trade architecture is heavily influenced by its export strength toIndia, which represents 37.2% of its outbound market share across 76 destinations.

On the supply side, Maldives's industrial and consumer demand is largely met by imports from India, which accounts for approximately28.3% of its 87 trade origins. The integration of Transmission apparatus, for radioteleph incorpo into the local economy highlights a strategic dependency on specific global value chains, representing 2.7% of total imports across 2609 commodities.

The primary export for Maldives is Prepared or preserved tuna, skipjack and bonito, which accounts for roughly 33.4% of overall exports across 70 product categories.

Market Dominance In Imports

28.3%from India

Primary Import

HS-852520

Transmission apparatus, for radioteleph incorpo

Market Dominance In Exports

37.2%to India

Primary Export

HS-160414

Prepared or preserved tuna, skipjack and bonito

Bilateral Integration

Maldives integration accounts for $2,989,948,440 annual value.

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