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Export Market

Maldives

ISO: MV / MDV

Country Profile

Capital Malé
Population 515K
GDP $7.1B (2024)
GDP per Capita $13,379
Income Level Upper-Middle Income
Currency Maldivian rufiyaa (MVR .Þƒ)
Language Maldivian
Timezone UTC+05:00
Region Asia · Southern Asia

Trade Partners

Maldives Exports To

  • Thailand 32.0%
  • India 21.0%
  • Singapore 9.0%
  • UK 7.0%
  • Germany 5.0%

Key exports: fish, aircraft, refined petroleum, scrap iron, natural gas (2023)

Maldives Imports From

  • India 15.0%
  • UAE 15.0%
  • Oman 14.0%
  • China 12.0%
  • Singapore 8.0%

Key imports: refined petroleum, plastic products, aircraft, granite, ships (2023)

Economic Overview

upper middle-income Indian Ocean island economy; major tourism, fishing, and shipping industries; high public debt; systemic corruption; crippled by COVID-19; ongoing deflation; poverty has tripled since pandemic began

Government: presidential republic

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Maldives. Standard WTO terms apply.

Geographic Region

South Asia

Trading Bloc Memberships

Maldives is a member of the following trade agreements and economic blocs.

SAFTA South Asia Free Trade Area Free Trade Area SAARC South Asian Association for Regional Cooperation Economic Union

Export Guidance

Relevant guidance for exporting to Maldives.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇫 Afghanistan 🇧🇩 Bangladesh 🇧🇹 Bhutan 🇮🇳 India 🇳🇵 Nepal 🇵🇰 Pakistan 🇱🇰 Sri Lanka

Official Resources

Government export support for Maldives.

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