Table 14.1 Imports and Exports, 2019 - 2024
(Millions of USD)
Period Total imports c.i.f. Total exports f.o.b. y/y % change Memorandum Items
Pvt. imports Public Imports Domestic exports f.o.b. Re-exports Total imports c.i.f. Pvt. imports Public enterprises Total exports f.o.b. Domestic exports f.o.b. Re-exports Jet fuel Crude Oil average prices (U.S. Dollars per Barrel) 1/
Public enterprises Govt. Pvt. exports Public exports o/w
Jet fuel
(2 to 4) (6+9) (7+8)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18)
2019
2,887.5
2,303.1
511.4
73.0
360.7
158.0
97.9
60.1
202.6
134.9
-2.4
5.1
-8.3
6.3
-13.0
28.6
24.8
61.4
2020
1,837.9
1,398.2
390.0
49.7
285.7
162.8
92.1
70.7
122.9
50.3
-36.4
-39.3
-23.7
-20.8
3.0
-39.4
-62.7
41.3
2021
2,573.1
1,895.1
601.9
76.1
285.3
151.3
67.4
83.9
134.1
99.5
40.0
35.5
54.3
-0.1
-7.1
9.1
97.8
69.1
2022
3,515.7
2,403.9
1,062.8
49.0
399.8
159.0
80.2
78.8
240.7
193.2
36.6
26.8
76.6
40.1
5.1
79.6
94.1
97.1
2023
3,497.2
2,547.0
889.6
60.5
421.4
162.2
64.3
97.9
259.2
196.2
-0.5
6.0
-16.3
5.4
2.0
7.7
1.6
80.8
2024
3,637.0
2,695.5
889.4
52.0
382.8
92.5
52.5
40.1
290.3
222.1
4.0
5.8
-0.0
-9.2
-43.0
12.0
13.2
78.7
2023 Jan-23
254.1
183.8
65.5
4.9
48.9
16.3
6.9
9.5
32.6
23.8
-5.2
-7.2
15.1
6.7
-17.9
25.5
28.5
80.4
Feb-23
272.5
199.6
68.7
4.2
39.8
15.1
7.7
7.4
24.8
20.1
10.8
9.1
12.4
16.3
-3.0
32.3
32.6
80.3
Mar-23
277.7
202.9
70.0
4.8
49.6
22.3
6.1
16.1
27.3
22.5
8.8
12.8
-4.8
43.6
49.5
39.1
45.7
76.5
Apr-23
290.3
208.7
76.3
5.4
34.9
12.6
5.3
7.2
22.4
15.3
-5.3
12.0
-36.2
13.3
3.2
19.9
5.4
82.5
May-23
299.6
225.4
69.3
4.9
32.1
18.4
5.6
12.9
13.7
9.3
4.6
13.4
-16.4
16.2
35.3
-2.4
-7.6
74.1
Jun-23
256.6
181.9
69.3
5.4
27.5
16.8
5.9
10.9
10.7
8.4
-24.3
-10.6
-45.7
-11.5
5.0
-28.9
-28.8
73.3
Jul-23
307.4
220.4
75.0
12.1
24.3
8.9
4.3
4.5
15.5
11.4
11.4
12.2
-4.6
3.7
66.3
-14.7
-27.5
79.0
Aug-23
325.0
240.1
82.0
2.9
22.9
6.0
4.9
1.1
16.9
13.4
3.7
16.6
-19.0
-22.4
-28.8
-19.8
-30.2
84.7
Sep-23
276.2
184.7
86.8
4.7
20.0
5.6
3.5
2.1
14.4
12.2
-3.6
-5.5
-1.9
-23.3
-48.1
-6.0
-10.4
92.2
Oct-23
322.9
235.2
84.9
2.8
35.1
10.6
3.7
7.0
24.4
15.8
16.7
9.8
42.2
-10.5
-12.9
-9.5
-4.2
89.1
Nov-23
282.1
219.1
59.7
3.3
44.5
13.5
5.1
8.3
31.0
21.4
-4.8
5.5
-29.0
33.7
24.2
38.3
5.6
81.4
Dec-23
332.8
245.3
82.2
5.2
41.8
16.2
5.3
10.9
25.5
22.7
-9.0
4.6
-36.4
-5.3
-16.2
3.3
1.0
75.7
2024 Jan-24
330.8
230.1
97.6
3.1
47.7
11.0
5.0
5.9
36.8
26.0
30.2
25.2
48.9
-2.4
-32.8
12.9
9.1
77.7
Feb-24
281.5
210.8
68.3
2.4
42.0
12.2
4.6
7.6
29.7
26.1
3.3
5.6
-0.6
5.3
-18.9
20.1
30.1
80.5
Mar-24
284.8
203.1
76.0
5.8
41.2
8.0
4.9
3.1
33.2
25.6
2.6
0.1
8.5
-16.9
-64.2
21.7
13.8
83.5
Apr-24
306.9
226.9
75.6
4.4
33.6
9.9
4.4
5.4
23.7
17.0
5.7
8.7
-0.9
-3.8
-21.6
6.2
11.2
88.0
May-24
288.3
195.0
89.4
3.9
25.0
9.1
4.1
5.0
15.9
11.7
-3.8
-13.5
29.0
-22.2
-50.8
16.4
26.3
81.4
Jun-24
261.5
208.9
49.4
3.2
20.6
7.0
2.9
4.1
13.6
10.1
1.9
14.8
-28.7
-25.0
-58.2
26.7
19.5
81.2
Jul-24
290.1
213.3
66.8
9.9
25.6
4.2
3.3
0.9
21.4
14.5
-5.6
-3.2
-10.8
5.3
-52.3
38.4
27.6
83.3
Aug-24
296.2
244.8
48.5
2.9
27.0
5.2
3.1
2.1
21.8
15.9
-8.9
2.0
-40.9
17.8
-12.6
28.6
18.7
78.1
Sep-24
330.5
245.3
83.6
1.6
21.3
5.6
4.6
1.0
15.6
11.9
19.7
32.8
-3.7
6.5
1.4
8.5
-2.7
72.4
Oct-24
330.5
271.5
56.6
2.4
25.0
5.1
4.1
1.0
19.8
17.3
2.4
15.5
-33.3
-28.7
-51.6
-18.7
9.4
74.0
Nov-24
260.1
196.6
56.9
6.5
34.3
7.9
5.7
2.1
26.4
21.2
-7.8
-10.3
-4.6
-22.9
-41.7
-14.7
-1.1
72.3
Dec-24
375.8
249.1
120.8
5.9
39.5
7.3
5.6
1.7
32.2
24.8
12.9
1.5
46.9
-5.4
-55.0
26.2
9.6
72.3
2023 Jan-Dec
3,497.2
2,547.0
889.6
60.5
421.4
162.2
64.3
97.9
259.2
196.2
-0.5
6.0
-16.3
5.4
2.0
7.7
1.6
80.8
2024 Jan-Dec
3,637.0
2,695.5
889.4
52.0
382.8
92.5
52.5
40.1
290.3
222.1
4.0
5.8
-0.0
-9.2
-43.0
12.0
13.2
78.7
Source: Maldives Customs Service; Maldives Airports Company Limited; Gan International Airport; Maamigili International Airport; The World Bank
1/This is an average of Brent, Dubai and WTI crude oil prices.
Note: One-off re-exports that does not follow Balance of Payments and International Investment Position Manual 6 (BPM6) have been removed.