The Maldives Customs Service has said that import and export revenues reached USD 24 million in July this year.
The latest statistics from Customs show that the July revenue marks a 0.8% increase compared to USD 23 million during the same period last year. The data also indicates that goods valued at USD 300 million were imported in July, a slight decrease from USD 306 million in July of the previous year.
The statistics show that the top importing countries in July were the United Arab Emirates (UAE), India, China, Singapore, and Sri Lanka. Imports from the UAE amounted to USD 64 million, India USD 50 million, China USD 44 million, Singapore USD 23 million, and Sri Lanka USD 16 million. The primary imports included machinery, electrical equipment, oil products, and food items.
The statistics also reveal a decline in exports for July, with goods worth USD 4.2 million exported. The main export destinations were the United Kingdom (UK), Thailand, UAE, Bangladesh, and France.