Maldives Export Data
The Maldives, an island nation in the Indian Ocean south of India and Sri Lanka, is best known for its tourism-driven economy. Alongside tourism, fisheries form the backbone of the country’s export sector. With limited land, resources, and manufacturing capacity, the Maldives focuses its exports on marine products and a small range of value-added goods. Despite its small size, the country plays a specialized role in regional and global trade through high-quality fish exports and niche products. According to Maldives trade data, the country ranked 164th out of 226 nations in terms of total exports in 2024. Exports are vital for the Maldivian economy as they generate foreign exchange, support coastal livelihoods, and reduce reliance on external financing. Even amid global economic challenges, the Maldives exports have remained stable, supported by steady demand for tuna and seafood products.
As per Maldives export data, the country exported goods worth $93.15 million in 2024, registering a massive decline of around 43% compared to the previous year. With a GDP of $6.98 billion, exports accounted for nearly 5.5% of GDP. The Maldives is a member of the WTO and benefits from preferential access to several Asian and European markets. Fish and fish preparations dominate the export basket, with Thailand, the European Union, and Japan emerging as key destinations according to Maldives customs data. Let us now explore the Maldives export statistics for 2024 in detail.