Maldives Customs Service reports a 4% increase in total imports, inclusive of fuel, for the month of February 2024.
The total imports, including fuel, stood at MVR 4.4 billion, while imports excluding fuel stood at MVR 3.4 billion.
While import commodities saw a mild overall increment, exports from the Maldives saw a notable 18% decline in the month, registering just MVR 191 million worth of export commodities. In the corresponding month last year, Maldives exported MVR 232 million worth commodities.
Additionally, customs revenue saw a significant 30% decline in February 2024, registering MVR 208 million compared to the MVR 297 million registered in the corresponding month in 2023.
Major Import Categories
Major Importers
Major Export Commodities
Major Export Destinations
During the review month, Customs reported 137 vessel arrivals and 160 departures.