The Maldives has recorded an increase in imports in April compared to the same period last year.
According to statistics by Maldives Customs Service, the Maldives saw a six percent increase in imports this April compared to the same month last year, rising from MVR 4.5 billion to MVR 4.7 billion. In contrast, exports experienced a significant decline of 22 percent, dropping from MVR 193 million to MVR 151 million.
Oman emerged as the leading exporter to the Maldives, with goods valued at MVR 777 million. India followed closely with exports worth MVR 761 million. Goods worth MVR 722 million were imported to Maldives from China in April, followed by Singapore at MVR 537 million and the UAE at MVR 467 million.
Meanwhile, Maldives exported goods worth MVR 151 million in April this year, a 22 percent decline compared to MVR 193 million in April last year. Thailand accounted for 45 percent of exports while the UK received 15 percent and Germany 12 percent.
According to the Customs, the government received MVR 310 million in revenue through customs in April this year. This is a 0.5 percent increase compared to MVR 308 million collected through customs in April last year.
