International Trade                                                                                                                        

The importance of international tourism to the Maldives and the reliance on imports by all the sectors in the economy has kept the country heavily dependent on foreign trade. Exports rose from US$ 502.7 million in 1990 to US$ 937.3 million in 2001. During the period, imports rose from US$ 131.5 million to US$ 474.1 million.

Principal Exports 2001 (in ‘000 Rufiyaa)

Total Exports                                                                        937325
Marine Exports                                                                     538337
Apparel and clothing accessories                                         396664
 

Principal Imports 2001 (in ‘000 Rufiyaa)

Total                                                                                     4741042
Vegetable products                                                                375478
Prepared food stuff, beverages, spirits etc.                           411783
Mineral products                                                                     703964
Textiles and textile articles                                                     506609
Machinery and mechanical appliances                                    884567
 

Main Export Partners 2001 (in ‘000 Rufiyaa)

USA                                                                                       396,627
Sri Lanka                                                                               159,779
UK                                                                                           84,725
Germany                                                                                  56,849
Thailand                                                                                   50,343

Main Import Partners 2001 (in ‘000 Rufiyaa)

Singapore                                                                              1204311
India                                                                                        502400
Sri Lanka                                                                                  619660
Malaysia                                                                                   421174
UAE                                                                                          397537

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