The total value of goods exported from the Maldives saw a 9% increase in November this year. According to the latest Economic Update report by the Maldives Monetary Authority (MMA), this growth was primarily driven by a significant rise in re-exports.
The report indicates that when comparing November 2025 to the same period in 2024, total exports grew by 9%, while total imports during the same duration experienced a 30% surge.
The MMA highlighted that the upward trend in total exports was largely due to an increase in re-exports. This includes higher earnings from the ‘other re-exports’ category, as well as growth in revenue generated from the re-export of jet fuel for aircraft and vessels.
Domestic exports, which consist of products manufactured locally, also showed growth during this period. This rise was mainly attributed to increased earnings from the export of canned and pouched fish products. Fish products remain the primary commodity exported from the Maldives.
Furthermore, the MMA report reveals that total exports for the period from January to November 2025 increased by 15% compared to the same period in 2024. In contrast, the report noted that there were no significant changes in total imports during this cumulative period.
The year-on-year increase in import expenditure was driven by higher spending across all major categories. According to the Economic Update, there was a notable rise in the importation of petroleum products, machinery and mechanical appliances (including parts), transport equipment and spare parts, construction materials, and food items.
