Exports jump by 36 percent to 231 million in April 2022

Sustainable pole and line tuna fishing in the Maldives | Photo: ATUNA

Malé, Maldives – Statistics published by the Maldives Customs Service on Monday revealed that exports increased by 36% when compared to the same period of last year.

The statistics indicate MVR 231 million in exports during April 2022 compared to the same period in 2021.

The most exported good from Maldives was frozen Skipjack or Stripe-bellied Bonito at MVR 96 million. The second most exported commodity was prepared and preserved Skipjack at MVR 27 million. Various Yellow fin tuna products make up the rest with MVR 42 million.

According to Customs, Thailand tops the top five exporting countries of Maldives taking over 62% of the exports providing an income of up to MVR 116 million. Followed by Germany with a total of MVR 13 million (7 percent). India, Italy and Bangladesh make up the rest with MVR 11 million (6 percent), MVR 7 million (4 percent) and MVR 7 million (4 percent) respectively.

Customs report that imports grew by 63% when compared to the same period of last year with MVR 7.8 million.