Trade in Maldives

Maldives was the world’s 148th largest exporter of goods and 76th largest exporter of commercial services in 2021. Export values were $285 and $3,655 million USD respectively. Maldives’s top export category was agricultural products, followed by fuels and mining products, and manufactures. In 2019, Maldives’s main export destination markets for goods and services trade were to Thailand, Germany and France, with trade representing 117.78 per cent of GDP. In terms of imports, Maldives’s import values were $2,573 and $1,095 million USD respectively in 2021. Maldives’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were the 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 Preferential Trade Arrangement (SAPTA).
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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

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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, 2023

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