Fish exports from the Maldives fell to a record low in August.
Fish is the country's main export. According to the latest statistics released by customs, fish exports in August were valued at only MVR 93 million, down 26 percent from August last year. It was the first time that fish exports fell below MVR 100 million this year.
- February - MVR 231 million
- March - MVR 344 million
- April - MVR 193 million
- May - MVR 285 million
- June - MVR 261 million
- July - MVR 138 million
The main exported items last month were frozen fish and processed fish worth MVR 70 million. The top destination countries were Germany, UK and Thailand.
The value of imports last month increased seven percent compared to the same period last year, the statistics show.
Of total imports worth MVR 5 billion, oil imports accounted for MVR 1.139 billion followed by MVR 802 million for foodstuff and MVR 783 million for electronic equipment and machinery. Oman, India and UAE were the top countries for imports.
Customs collected MVR 324 million as export-import revenue in August, down 17 percent from August 2022.
During the month, 98 cargo ships arrived in the Maldives and 124 ships departed with goods.
