Top Export Products of Maldives

10-Apr-2025

Overview

Maldives
 

> Fish and Fish Products: 40%

> Crustaceans: 20%

> Mollusks: 10%

> Fresh Vegetables: 8%

> Processed Food: 5%

> Essential Oils: 5%

> Handicrafts: 4%

> Wood Products: 3%

> Apparel and Textiles: 3%

> Live Animals: 2%

These top 10 export items represented a significant 90% of Maldives's total export value for 2023. When analyzing Maldives's customs records, it's evident that the fastest-growing export categories were Fish and Fish Products (USD 500 million), Crustaceans (USD 250 million), and Mollusks (USD 100 million) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the Fish and Fish Products, Fresh Vegetables, Processed Food, as well as Handicrafts.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Maldives’s top 10 export commodities for 2023.

YOY and MOM comparison of growth and share of top Export Products of maldives
Export Products of Maldives
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc

HSN Code:  85171300  85176200   85177900  
Exporters : Maldives Exporters 54
Maldives Exporters Shipment 1,764
Value $44,281.72 $245,739,684.74 redDownArrow -99.98% 0.02%
Shipment 35 1,699 redDownArrow -97.94% 0.87%
Fish, Dried, Salted or in brine; smoked fish, Whether or not cooked before or during the smoking process; flours, Meals and pellets, Of fish fit for human consumption

HSN Code:  03055910   03055490   03055990 
Exporters : Maldives Exporters 95
Maldives Exporters Shipment 1,361
Value $1,545,949.46 $1,746,549.38 redDownArrow -11.49% 0.62%
Shipment 512 473 greenUpArrow 8.25% 12.75%
Ferrous waste and scrap; remelting scrap ingots of iron or steel

HSN Code:  72044900   72042190  72044990 
Exporters : Maldives Exporters 132
Maldives Exporters Shipment 845
Value $6,514,140.45 $11,613,934 redDownArrow -43.91% 2.61%
Shipment 253 378 redDownArrow -33.07% 6.30%
Live fish - ornamental fish

HSN Code:  03011990   03011900  03019900  
Exporters : Maldives Exporters 95
Maldives Exporters Shipment 821
Value $674,900.48 $731,792.75 redDownArrow -7.77% 0.27%
Shipment 282 352 redDownArrow -19.89% 7.02%
Automatic data processing machines and units thereof; magnetic or optical readers, Machines for transcribing data on to data media in coded form and machines for processing such data, Not elsewhere specified or included

HSN Code:  84713000  84717098   84717050  
Exporters : Maldives Exporters 70
Maldives Exporters Shipment 719
Value $5,550.66 $75,867,135.41 redDownArrow -99.99% 0.00%
Shipment 19 681 redDownArrow -97.21% 0.47%
Printed books, Brochures, Leaflets and similar printed matter, Whether or not in single sheets

HSN Code:  49011000   49019910   49019900 
Exporters : Maldives Exporters 58
Maldives Exporters Shipment 579
Value $7,768.37 $8,007.46 redDownArrow -2.99% 0.00%
Shipment 251 188 greenUpArrow 33.51% 6.25%
Food preparations not elsewhere specified or included

HSN Code:  21069099   21069049   21061090 
Exporters : Maldives Exporters 34
Maldives Exporters Shipment 526
Value $2,237.37 $1,529.74 greenUpArrow 46.26% 0.00%
Shipment 163 168 redDownArrow -2.98% 4.06%
Wrist-watches, Pocket-watches and other watches, Including stop watches, Other than those of heading wrist-watches, Electrically operated, Whether or not incorporating a stop-watch facility :

HSN Code:  91021100  91021900  91021200 
Exporters : Maldives Exporters 6
Maldives Exporters Shipment 362
Value $30.89 $450,279.78 redDownArrow -99.99% 0.00%
Shipment 2 358 redDownArrow -99.44% 0.05%
Fish, Frozen, Excluding fish fillets and other fish meat of heading 0304 - salmonidae, Excluding livers and roes:

HSN Code:  03034300  03034200  03034310 
Exporters : Maldives Exporters 23
Maldives Exporters Shipment 338
Value $4,535,489.85 $2,710,094.85 greenUpArrow 67.36% 1.82%
Shipment 149 85 greenUpArrow 75.29% 3.71%
Fish fillets and other fish meat (whether or not minced), Fresh, Chilled or frozen - fresh or chilled fillets of tilapias (oreochromis spp.), Catfish (pangasius spp., Silurus spp., Clarias spp., Ictalurs spp.), Carp (cyprinus carpio, Carassius carassius,

HSN Code:  03044990   03048700  03049999 
Exporters : Maldives Exporters 7
Maldives Exporters Shipment 305
Value $26,383,821.74 $31,184,637.85 redDownArrow -15.39% 10.57%
Shipment 104 138 redDownArrow -24.64% 2.59%

Other articles of plastics and articles of other materials of headings 3901 to 3914

HSN Code:  39269097  39269099  39263000 
Exporters : Maldives Exporters 81
Maldives Exporters Shipment 295
Value $9,104.97 $524,472.79 redDownArrow -98.26% 0.00%
Shipment 36 232 redDownArrow -84.48% 0.90%

Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73182200   73181630  73181552 
Exporters : Maldives Exporters 64
Maldives Exporters Shipment 294
Value $47,160.04 $553,733.64 redDownArrow -91.48% 0.02%
Shipment 33 239 redDownArrow -86.19% 0.82%

Parts and accessories (other than covers, Carrying cases and the like) suitable for use solely or principally with machines of headings 8469 to 8472

HSN Code:  84733020  84733090  84733080 
Exporters : Maldives Exporters 25
Maldives Exporters Shipment 283
Value $156.71 $10,157,413.34 redDownArrow -100.00% 0.00%
Shipment 3 238 redDownArrow -98.74% 0.07%

Aluminium waste and scrap

HSN Code:  76020010  
Exporters : Maldives Exporters 50
Maldives Exporters Shipment 257
Value $1,331,077.95 $14,493,288.69 redDownArrow -90.82% 0.53%
Shipment 93 97 redDownArrow -4.12% 2.32%

Copper waste and scrap

HSN Code:  74040012   74040022 
Exporters : Maldives Exporters 43
Maldives Exporters Shipment 255
Value $4,157,008.49 $4,963,870.45 redDownArrow -16.25% 1.67%
Shipment 84 101 redDownArrow -16.83% 2.09%