News

Maldives fish exports decline 45 percent in first quarter

The Maldives' fish exports dropped 45.7 percent in the first four months of this year compared to the same period last year.

Statistics shared by the central bank, Maldives Monetary Authority (MMA) show that 19,060 metric tonnes of fish were exported from January to April this year. This is a significant decline of 16,021 metric tonnes when compared to the 35,081 metric tonnes of exports during the same period last year.

Monthly fish exports for 2024 were as follows:

January: 4,475 metric tons
February: 6,051 metric tons
March: 3,787 metric tons
April: 4,746 metric tons

Among the various types of fish exports, Skipjack Tuna was the most prominent, with 12,240 metric tonnes exported. Additionally, 3,740 metric tonnes of yellowfin tuna and 2,257 metric tonnes of canned and poached fish were exported.