The Maldives recorded a nine percent year-on-year increase in total exports in November 2025, according to the latest economic update released by the Monetary Authority of Maldives.
The growth was largely driven by a sharp increase in re-exports, with notable gains seen in the “other re-export” category as well as re-exports of jet fuel supplied to ships and aircraft. These activities continue to play an expanding role in the country’s external trade performance.
Domestic exports also posted an improvement during the month, supported mainly by higher earnings from canned and pouched seafood products, which remain a cornerstone of the Maldives’ export sector.
Looking at the broader picture, the MMA reported that total exports rose by 15 percent between January and November 2025, compared to the same period last year. This increase came despite a relatively moderate overall trend in import growth during the year.
Imports, however, showed a much sharper rise over the same period, increasing by 30 percent. The surge was attributed to higher expenditure on petroleum products, machinery, transport equipment, construction materials, and food items.
The MMA noted that the data highlights the growing importance of re-export activities in supporting the Maldives’ trade balance, while efforts to promote domestic exports — particularly fish and fish-based products — continue to underpin the country’s presence in international markets.
