Maldives Export Trade Data

Maldives Export Trade

Introduction:
The Maldives is renowned not just for its tourism but also for its thriving export sectors, primarily focusing on fish products and agricultural goods. These industries are essential for fulfilling global demands and propelling the nation's economic growth, presenting numerous opportunities for global importers.

Economic Overview:
The Maldivian economy is heavily reliant on tourism, but its export economy is dominated by fish products, particularly tuna, which are highly sought after in international markets. Efforts are being made to diversify exports, including expanding into marine and coconut products.

Political and Regulatory Environment:
The Maldives maintains a stable political environment that encourages foreign trade. The government's policies are aimed at enhancing the economic stability and export capabilities of the country through favorable trade agreements and regulatory reforms.

Opportunities and Challenges for Importers:
Importers have the opportunity to capitalize on the high-quality fish products and organic agricultural goods that the Maldives offers. However, challenges include limited product variety and logistical issues related to transportation, given the country's geographic dispersion across multiple islands.

Top 10 Export Products:

1. Fish (HS Code: 0302) - Fresh, chilled, or frozen tuna.
2. Fish fillets (HS Code: 0304) - Processed and packaged.
3. Crustaceans (HS Code: 0306) - Including lobsters and crabs.
4. Canned fish (HS Code: 1604) - Mainly tuna and mackerel.
5. Coconut products (HS Code: 0801) - Including copra and coconut milk.
6. Maldivian crafts (HS Code: 9703) - Handmade souvenirs and ornaments.
7. Seaweed (HS Code: 1212) - Used in food and cosmetics.
8. Salted fish (HS Code: 0305) - Traditional Maldivian dried fish.
9. Aquarium fish (HS Code: 0301) - Exotic species for ornamental purposes.
10. Coral and shells (HS Code: 0508) - For decoration and jewelry.

Top Suppliers:
NURETTIN YIGIT GULTEKIN, OCEAN SPLASH MALDIVES PVT LTD, HORIZON FISHERIES PRIVATE LIMITED 1ST AND

Solution for Global Importers:
For importers looking to explore and engage with the Maldives’ export offerings, utilizing Volza’s online export data provides a valuable tool. This platform offers detailed insights into market trends and product availability, enabling efficient navigation and identification of promising trade opportunities. Engage with Volza to access up-to-date export data and streamline your import processes from the Maldives.