Trade in Maldives

Maldives was the world’s 191st largest exporter of goods and 85th largest exporter of commercial services in 2022. Export values were $400 million and $4.70 billion USD respectively. Maldives’s top export category was Agricultural products, followed by Fuels and mining products, and Manufactures. In 2022, Maldives’s main export destination markets for goods and services trade were to Thailand, Germany and France. In terms of imports, Maldives is the world’s 154th largest importer of goods and 121st largest importer of commercial services. Import values were $3.52 billion and $1.59 billion USD respectively in 2022. Maldives’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were United Arab Emirates, China and Singapore. Maldives is part of 2 different Regional Trade Agreements, including South Asian Free Trade Agreement (SAFTA) and South Asian Free Trade Agreement (SAFTA) – Accession of Afghanistan.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Republic of Maldives

Abbreviation

MV

Capital

Malé

WTO Membership Date

31 May 1995

Legal System

Islamic (sharia) legal system with English common law influences, primarily in commercial matters

Language

Dhivehi

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Maldivian rufiyaa

Exchange Rate

Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Copyright Offices

  • Intellectual Property Unit

  • Ministry of Economic Development

Industrial Property Offices

  • Intellectual Property Unit

  • Ministry of Economic Development

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • Ministry of Economic Development
    Phone: +(960) 323 668/960 315 596
    Website: http://www.trade.gov.mv/sps

    Boduthakurufaanu Magu

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • Fair Trade Section
    Ministry of Economic Development
    Government of maldives
    Phone: +(960) 332 3668
    Website: http://www.trade.gov.mv

    Boduthakurufaanu Magu'
    Male 20 - 095
    The Republic of Maldives

    [email protected]

Additional Information

ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

https://www.customs.gov.mv/eServices/Tariff

Last Reviewed: June, 2024

Businesses & Entrepreneurs

Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.

Policymakers & Researchers

Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.

Global Trade Helpdesk Organization Logo

Simplify your market research with an integrated source of trade intelligence, for firms of all sizes, even the smallest. The Global Trade Helpdesk, an initiative by the International Trade Centre, the United Nations Conference on Trade and Development, and the World Trade Organization, provides market intelligence for companies looking to trade in an easy-to-use online tool.