Maldives Customs report MVR361m in imports, exports for Dec 2019

The latest statistics of Maldives Customs Service confirms the state earned MVR361 million from imports and exports.

The revenue collected to Maldives government through Import Duty increased by 10% in December 2019 compared to the same month in 2018.

Statistics from Maldives Customs also confirm the import goods increased by 4% in the review month compared to the same month the previous year.

InĀ  December 2018, the CIF value of goods imported reached MVR4.2 billion whereas in the review month the CIF of import goods were observed at MVR4.4 billion.

China, UAE and Malaysia remain as the top exporters to Maldives, with the island nation importing MVR753 million worth goods from China.

Moreover, Maldives imported MVR654 million worth of goods from United Arab Emirates (UAE) and MVR445 million from Malaysia.

The most imported goods to Maldives include food items, which covered 17% of the total imports while machinery and equipment imported in December 2019 covered 17% of total imports as well.

Meanwhile, oil covered 12% of the total imports which included jet fuel, diesel and petrol.

On the other hand, the primary export goods from Maldives are fish and fish related products.