Statistics from the Maldives Customs Service have shown that imports, exports and revenue increased in July.
According to the latest figures, import and export revenue stood at MVR 361 million last month. This is a 15 percent increase compared to July last year.
Maldives exported goods worth MVR 138 million last month which is 70 percent more compared to July 2022.
Customs said the largest exports were seafood amounting to MVR 111 million, including chilled fish and processed fish products. Most were exported to Thailand, the UK and Germany.
Imports in July also increased by 12 percent compared to the same month last year.
Imports totaled MVR 4.7 billion, with oil products being the largest. Imports included oil products worth MVR 913 million, electrical goods and machinery worth MVR 878 million and food items worth MVR 842 million. Most of the imports came from India, Oman and China.
MVR 10 million was collected as royalty in July. A total of 111 cargo vessels arrived in the Maldives while 132 vessels left the country.
