Maldives imports rise to MVR 5.5B in May as exports reach MVR 98M

Maldives imported goods worth MVR 5.5 billion and exported goods worth MVR 98 million in May, according to monthly statistics released by the Maldives Customs Service on Monday.

Customs reported that the state collected MVR 322 million in revenue from imports and exports during the month.

Imports rose compared to April, when the figure stood at MVR 4.7 billion.

Oman remained the Maldives’ largest import partner in May, with goods worth MVR 1.1 billion, accounting for 20 percent of total imports.  

China followed with MVR 796 million, and India with MVR 750 million.  

Malaysia supplied MVR 444 million, while the UAE accounted for MVR 367 million.

Fuel was the largest import category, with MVR 1.4 billion worth of petroleum products brought into the country.  

Food imports (excluding pork, alcohol and tobacco) amounted to MVR 948 million, while machinery, mechanical appliances and electrical equipment totaled MVR 916 million.

Monthly Statistics - May 2026
⛴️ Imports (Incl. Fuel) MVR 5.5B
⛴️ Imports (Excl. Fuel) MVR 4.2B
⛴️ Exports MVR 98M
????Revenue MVR 322M

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— Maldives Customs Service (@CustomsMv) June 15, 2026

Maldives exported only fish products in May.

The largest export commodity was prepared or preserved skipjack tuna, valued at MVR 38 million.  

This was followed by frozen skipjack tuna at MVR 27 million.  

Other fish exports, including frozen yellowfin, fresh/chilled loins and chunks, totaled MVR 18 million.

Great Britain was the top export destination, receiving MVR 36 million worth of goods, representing 37 percent of total exports.  

Thailand ranked second, followed by France, India and Germany.

Maldives remains heavily import‑dependent, and the government has been exploring measures to reduce import pressure amid rising debt and persistent dollar shortages.