Exports and Imports increases by 6% and 17% respectively in January




The value of exports and imports increased by 6% and 17% respectively in January 2018, when compared to the same period last year. Goods worth more than MVR 3.2 billion were imported during January 2017, whereas the figure was recorded at MVR 3.8 billion for during last month. Among the top importing countries, United Arab Emirates recorded the highest with 20%.

The FOB value of goods exported during last January showed increased by 6% compared to last December, which was in value-wise an increase from MVR 445 million in December 2017 to MVR 474 million in January 2018. Among major exporting countries, Thailand was recorded as highest with 41% of the total exports for the month of January.

The total revenue collected through customs duty and other fees and fines during January 2018 showed an increase of 23% compared to that of January 2017. A total of MVR 276 million was collected through import duty and fees last month.

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Maldives Customs Service

Published

February 13, 2018

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