Exports increases by 124% in September

Exports increases by 124% in September




The CIF value of goods imported during September increased by 28% compared to September last year. Approximately MVR 2.94 billion worth of goods were imported during September 2017, whereas this year the figure was recorded at MVR 3.78 billion. Among the top importing countries, China recorded the highest with 18% and United Arab Emirates at the second with 15%.

The FOB value of goods exported during last September showed an increase of 124% to that of the same period last year, which is an increase from MVR 156.61 million in September 2017 to MVR 350.46 million in September 2018. The largest quantity of the exports was to Germany which is 23.5% of the total exports for the month of August and United States of America coming at second with 11.9% of the total exports.
The total revenue collected through customs duty and other fees and fines during September 2018 showed an increase of 20% compared to that of September 2017. A total of MVR 264.78 million was collected through Customs duty last month.

For further details, please refer to ‘Monthly Statistics Sheet’.

Media Enquiries

Strategic Management Section

Phone: +960 3334 193

Email: media@customs.gov.mv

Maldives Customs Service

Published

October 11, 2018

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