Export rises by 99% in November

Export rises by 99% in November

The FOB value of goods exported during last November showed an increase of 99% to that of the same period last year, which is an increase from MVR 193 million in November 2016 to MVR 386 million in November 2017. The largest quantity of the exports was to Thailand which is 36% of the total exports for the month of November.
The total revenue collected through customs duty and other fees and fines during November 2017 is decreased by 2% compared to that of November 2016. A total of MVR 246 million was collected through Customs duty last month.

The CIF value of goods imported during November decreased by 5% compared to November last year. Approximately MVR 3.2 billion worth of goods was imported during November 2016, whereas this year the figure was recorded at MVR 3.1 billion. Among the top importing countries, United Arab Emirates recorded the highest with 23% and both Singapore and India at the second with 13%.
For further details, please refer to ‘Monthly Statistics Sheet’.

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Maldives Customs Service


December 18, 2017