Export rises by 96% in December

Export rises by 96% in December

The CIF value of goods imported during last December showed an increase of 10% to that of the same period last year, which is an increase from MVR 3.3 billion in December 2016 to MVR 3.7 billion in December 2017. The largest quantity of the imports was to Singapore which is 14% of the total imports for the month of December.
The total revenue collected through customs duty and other fees and fines during December 2017 is increased by 8% compared to that of December 2016. A total of MVR 286 million was collected through Customs duty last month.
The FOB value of goods exported during December increased by 96% compared to December last year. Approximately MVR 200 million worth of goods was exported during December 2016, whereas this year the figure was recorded at MVR 391 million. Among the top exporting countries, Thailand recorded the highest with 60.6% and United States at the second with 8.3%.
For further details, please refer to ‘Monthly Statistics Sheet’.

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Maldives Customs Service


January 15, 2018