Maldives exports surge 222% in July to MVR 210M

Maldives' export revenue saw a remarkable surge in July this year, increasing by 222 percent compared to the same month last year, according to figures released by Customs on Thursday. Last month's exports were valued at MVR 210 million.

Customs data shows the country exported goods worth MVR 210 million in July this year, a substantial rise from MVR 65 million in July of the previous year. This marks a 222 percent increase year-on-year for the month of July.

Furthermore, cumulative exports from January to July this year grew by 57 percent compared to the same period last year. From January to July 2025, the Maldives exported goods valued at MVR 1.4 billion, in contrast to MVR 945 million during the same period in 2024.

Monthly Statistics - July 2025
⛴️ Imports (Excl. Fuel) MVR 3.6B
⛴️ Exports MVR 210M
????Revenue MVR 295M
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— Maldives Customs Service (@CustomsMv) August 28, 2025

Fish remains the primary export commodity for the Maldives. Customs reported that frozen tuna and various fish products accounted for the largest share of exports over the past seven months. During this period, Thailand imported MVR 809.44 million worth of fish from the Maldives, while the UK imported MVR 252.46 million.

The last time Customs released monthly export and import statistics was for April last year, when exports stood at MVR 292 million.

Despite the recent surge in exports, the Maldives remains heavily reliant on imports from other countries. The largest importers to the Maldives are the UAE, India, Singapore, China, and Malaysia. For July 2025 alone, imports (excluding fuel) reached MVR 3.6 billion, highlighting the ongoing trade imbalance.