Customs reports 44% revenue increase in June

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Male’ Sea Port; 93 vessels arrived in June 2022 / Photo: Public Service Media

According to Maldives Customs Service data, the Government earned MVR394 million from imports and exports in June this year. This is a 44% increase compared to June 2021.

The value of imports in June this year stood at MVR5.2 billion, according to the Customs data, which is a 78% increase compared to June 2021. The largest imports in June were machinery, electrical equipment, food items and fuel products.

Highest imports were from Oman, India, China, UAE and Malaysia. From Oman MVR1.1 billion worth of goods were imported, while imported goods from India were worth MVR636 million. MVR558 million, MVR435 million and MVR428 million worth of goods were imported from China, UAE and Malaysia respectively.

On the export front, goods worth MVR247 million were exported last month. This is a 60% increase over the same period last year.

Maldives exported the most goods to Thailand, Germany, the UK, India and France last month. Thailand was the largest destination in terms of exports, at 60% of the total exports; MVR148 million in cash terms.

According to statistics, 93 vessels carrying goods arrived in Maldives last month. and 114 vehicles departed. Last month, Customs royalties amounted to MVR1 million.

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