Maldives recorded a trade deficit of 316.50 USD Million in March of 2026. Balance of Trade in Maldives averaged -149.10 USD Million from 2005 until 2026, reaching an all time high of 302.10 USD Million in August of 2023 and a record low of -336.40 USD Million in December of 2024. source: Maldives Monetary Authority

Related	Last	Previous	Unit	Reference
Balance of Trade	-316.50	-269.50	USD Million	Mar 2026
Capital Flows	-954.40	-1209.60	USD Million	Dec 2025
Current Account	-476.20	-1253.70	USD Million	Dec 2025
Current Account to GDP	-18.70	-21.30	percent of GDP	Dec 2024
Exports	56.20	43.50	USD Million	Mar 2026
External Debt	4440.70	4396.60	USD Million	Dec 2025
Foreign Direct Investment	-857.10	-806.20	USD Million	Dec 2025
Imports	372.70	313.00	USD Million	Mar 2026
Remittances	660.80	621.60	USD Million	Dec 2025
Tourist Arrivals	148600.00	161259.00		Apr 2026

Maldives Balance of Trade

The Maldives runs consistent trade deficits, as it imports most of what it consumes and has a very small manufacturing base. The Maldives’ main export product is fish (accounting for over 40 percent of total exports). Others include engines and metal scrap. The Maldives mainly imports fuel, aircraft, wood, prefabricated buildings, iron and steel, telecommunication equipment, vegetables and cement. The Maldive’s main trading partners are the United Arab Emirates, Singapore, India, France, Thailand, Malaysia and Sri Lanka.