Maldives Balance of TradeJune 2022 Data - 2005-2021 Historical - July Forecast

Name: Maldives Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Maldives,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Maldives recorded a trade deficit of 211.70 USD Million in February of 2022. source: Maldives Monetary Authority

Balance of Trade in Maldives averaged -123.98 USD Million from 2005 until 2022, reaching an all time high of -43.30 USD Million in April of 2005 and a record low of -259.50 USD Million in December of 2021. This page provides - Maldives Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Balance of Trade - values, historical data and charts - was last updated on July of 2022.

Balance of Trade in Maldives is expected to be -220.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Balance of Trade is projected to trend around -230.00 USD Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Related	Last	Previous	Unit	Reference
Balance of Trade	-211.70	-224.10	USD Million	Feb 2022
Current Account to GDP	-9.00	-29.20	percent of GDP	Dec 2021
Current Account	-1099.00	-1513.30	USD Million	Dec 2020
Exports	34.30	45.80	USD Million	Feb 2022
Imports	246.00	270.00	USD Million	Feb 2022
Tourist Arrivals	145280.00	150748.00		Apr 2022
Remittances	213.90	595.40	USD Million	Dec 2020
Foreign Direct Investment	-519.00	-961.10	USD Million	Dec 2020
External Debt	1976.10	1535.50	USD Million	Dec 2020
Capital Flows	-1427.60	-1940.80	USD Million	Dec 2020

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.