Maldives (MDV)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Maldives - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 0.0% $0 | 18.7% $679.03M | 18.2% $679.03M |
| 2 | United Arab Emirates (ARE) | 0.8% $781.63K | 15.0% $545.08M | 14.6% $545.86M |
| 3 | India (IND) | 4.5% $4.17M | 13.8% $501.60M | 13.6% $505.77M |
| 4 | Oman (OMN) | 0.0% $0 | 7.7% $280.23M | 7.5% $280.23M |
| 5 | Malaysia (MYS) | 0.0% $0 | 5.7% $207.65M | 5.6% $207.65M |
| 6 | USA (USA) | 0.9% $835.97K | 3.9% $140.34M | 3.8% $141.18M |
| 7 | Thailand (THA) | 35.0% $32.33M | 2.9% $104.46M | 3.7% $136.79M |
| 8 | Sri Lanka (LKA) | 1.7% $1.61M | 3.7% $134.32M | 3.6% $135.93M |
| 9 | Singapore (SGP) | 0.0% $0 | 3.6% $131.92M | 3.5% $131.92M |
| 10 | France (FRA) | 3.9% $3.61M | 2.2% $81.72M | 2.3% $85.33M |
- Maldives' total trade in 2024 amounted to $3.7B, placing it at a global rank of 115. Exports were $92.4M and imports were $3.6B, leading to a trade deficit of -$3.5B.
- The country's top export is Fish and crustaceans (HS2 03), which represented 57.1% of total exports with a value of $52.8M.
- Thailand was the largest single destination for Maldivian exports, accounting for 35.0% of the total with a value of $32.3M.
- The most significant import category was Mineral fuels (HS2 27), valued at $756.7M, making up 20.8% of all imports.
- China was the leading source of imports for Maldives, supplying $679.0M in goods, which corresponds to an 18.7% share of the total.
- The top three import partners—China, United Arab Emirates, and India—collectively accounted for 47.5% of total imports.
Exports Profile
In 2024, the export economy of Maldives was valued at $92.4M. The dominant export category was [Fish and crustaceans, molluscs and other aquatic invertebrates (HS2 03)](/product/hs2/03/), contributing $52.8M to the total. The second most valuable export was [Meat, fish, crustaceans, molluscs or other aquatic invertebrates, or insects; preparations thereof (HS2 16)](/product/hs2/16/), valued at $30.6M. The main export destination was [Thailand](/country/THA/), which received 35.0% of Maldives' exports, followed by the [United Kingdom](/country/GBR/) at 21.8%.
Imports Profile
Maldives' imports in 2024 totaled $3.6B. The country's most significant import was [Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS2 27)](/product/hs2/27/), with a value of $756.7M. Machinery and mechanical appliances followed, with imports of $351.3M. Geographically, [China](/country/CHN/) was the largest supplier, accounting for 18.7% of all imports at $679.0M. Other major import partners included the [United Arab Emirates](/country/ARE/) and [India](/country/IND/), with shares of 15.0% and 13.8% respectively.
Exports
Maldives - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Maldives - export composition by product categories (Exports), 2024 (USD)
Maldives - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Maldives - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.