Fish exports up nearly 80 percent
The value of fish exports rose to MVR368 million in April, up from MVR208 million in the same period last year.
22 May 2018, 9:00 AM
The value of fish exports rose to MVR368 million (US$24 million) in April, up from MVR208 million in the same period last year, statistics from the Maldives Customs Service show.
Thailand was the top exporting country, representing half of total exports during the month. Other major destinations included Germany, England, United States of America and France.
The value of imports also increased by 16 percent in April with goods worth more than MVR3.25 billion. The top importing countries were the United Arab Emirates in first place with 21 percent, followed by Singapore (13 percent) and China (12 percent).
Reflecting the import growth, total revenue from tariffs and other fees and fines rose 31 percent compared to last year. Customs collected a total of MVR262 million last month, up from MVR200 million in April 2017.
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