In 2014, the value of merchandise exports of Maldives decreased substantially by 13.0 percent to reach 144.8 mln US$, while its merchandise imports increased substantially by 15.0 percent to reach 2.0 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 1.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Western Asia at -578.2 mln US$ (see graph 4). Merchandise exports in Maldives were moderately concentrated amongst partners; imports were diversified. The top 8 partners accounted for 80 percent or more of exports and 10 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Maldives increased substantially by 18.9 percent, reaching 2.5 bln US$, while its imports of services increased substantially by 13.4 percent and reached 652.5 mln US$ (see graph 2). There was a large trade in services surplus of 1.9 bln US$. See footnote*.

Related Subject(s): International Trade and Finance
Countries: Maldives
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