Maldives
OceaniaTrade 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. |
General InformationThis 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 InformationThis 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 InformationThis section includes contact information for business support organizations and national resources. |
|
Copyright Offices |
|
Industrial Property Offices |
|
SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
|
TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
|
Additional Information |
ePing alert |
Links to other helpful resourcesThis 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.