Country import demand

Maldives
import demand

A reported view of Maldives's import scale, sector demand, supplier breadth, economy, and trade history.

MDV1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$4.0B2024 reported
Import growth-4.5%Year on year
Population527.8KReported population
GDP per capita$13.4KCurrent-dollar GDP
Trade openness107.1%Exports + imports / GDP

The country import read

What does Maldives import?

In 2024, Maldives recorded $4.0B in reported imports. Imports changed -4.5% year on year and +12.9% annualized over three years. Aircraft was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$1.8B
2014
$1.9B
2015
$2.1B
2016
$2.3B
2017
$2.5B
2018
$3.1B
2019
$2.7B
2020
$1.8B
2021
$2.8B
2022
$4.5B
2023
$4.2B
2024
$4.0B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$7.1B2024 macro context
GDP growth4.3%Five-year CAGR
Population growth1.6%Five-year CAGR
Investment rate29.4%National rate
Savings rate20.4%National rate
Trade openness107.1%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Maldives
RankSectorImportsShareImport partnersActive HS6
1AircraftHS2 88$227.8M5.7%5212
2Fish and crustaceansHS2 03$23.0M0.6%85167
3Mineral fuelsHS2 27$559.4M13.9%5228
4Prepared meat and fishHS2 16$16.8M0.4%7941
5Animal and vegetable fatsHS2 15$23.7M0.6%5238
6Iron and steelHS2 72$81.3M2%37133
7Food industry residuesHS2 23$1.4M0%3010
8MachineryHS2 84$465.5M11.5%105459
9CopperHS2 74$6.0M0.1%4140
10Precious stones and metalsHS2 71$120.8M3%4336

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,554.6Partner HHI
Top 3 partner share56.2%Reported concentration
FTA partner markets7Reported count
Average distance8,419 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3MDV
Exports Usd$262.5M
Imports Usd$4.0B
Trade Balance Usd-$3.8B
Yoy Exports Growth Pct-20.5%
Yoy Imports Growth Pct-4.5%
Exports Cagr 3y Pct2.9%
Imports Cagr 3y Pct12.9%
Export Partner Hhi1,554.6
Export Product Hhi1,331.8
Momentum Score-13.4
Risk Score14.4
Gdp Million Usd7,061.6 million USD
Gdp Per Capita Usd$13.4K
Population527,799
Labor Force287.4
Investment Rate Pct29.4%
Savings Rate Pct20.4%
Secondary Education Pct66.5%
Tertiary Education Pct1.8%
Total Factor Productivity569.1
Trade Openness Pct107.1%
Exports Gdp Pct6.5%
Num Active Partners270
Num Fta Partners7
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners0%
Avg Partner Distance Km8,419 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta3
Pct Partners Shared Language0%
Pct Partners Shared Border0%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km8,593 km
Num Border Partners0
Num Colonial Partners20
Avg Substitution Elasticity-7.7
Pct Products High Elasticity60.4
Pct Products Low Elasticity6
Real Market Potential266,363.2
Foreign Market Potential29,106.7

Supplier context

Country Iso3MDV
All History Lane Count658
Current Lane Count89
Critical Lane Count0
High Attention Lane Count14
High Volatility Lane Count23
Unrecovered Drawdown Lane Count35
Declining Demand Lane Count0
Concentrated Market Lane Count42
Access Friction Lane Count36
Buyer Macro Weakness Lane Count10
Monitored Exports Current Usd$233.2M
Attention Exports Usd$170.1M
Critical Exports Usd$0.0
High Volatility Exports Usd$16.1M
Unrecovered Drawdown Exports Usd$137.5M
Non Fta Exports Usd$141.5M
Monitored Attention Share Pct72.9%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct39.3%
Export Weighted Volatility Cv0.7
Export Weighted Below Peak Pct50.9%
Export Weighted Distance Km4,323 km
Export Weighted Tariff Pct0.3%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$262.5M
Total Imports Latest Usd$4.0B
Trade Balance Latest Usd-$3.8B
Exports Yoy Latest Pct-20.5%
Exports Cagr 3y Latest Pct2.9%
Gdp Latest Million Usd7,061.6 million USD
Gdp Per Capita Latest Usd$13.4K
Population Latest527,799
Investment Rate Latest Pct29.4%
Savings Rate Latest Pct20.4%
Trade Openness Latest Pct107.1%
Exports Gdp Latest Pct6.5%
Active Partners Latest270
Fta Partners Latest7
Foreign Market Potential Latest29,106.7
Gdp 5y Cagr Pct4.3%
Gdp Per Capita 5y Cagr Pct2.6%
Population 5y Cagr Pct1.6%
Partner Hhi Latest1,554.6
Partner Top1 Share Latest Pct33.5%
Partner Top3 Share Latest Pct56.2%
Partner Hhi All Avg1,684.3
Partner Hhi All Max5,047.7
Product Hhi Latest1,331.8
Product Top1 Share Latest Pct29.4%
Product Top3 Share Latest Pct54.5%
Product Hhi All Avg1,271.4
Product Hhi All Max3,535.5
Total Exports Attention Share Pct64.8%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$294.7M$62.8M-$231.9M+0%
1996$328.4M$79.2M-$249.2M+11.4%
1997$352.9M$94.3M-$258.5M+7.5%
1998$359.8M$98.0M-$261.8M+2%
1999$379.4M$100.4M-$279.1M+5.4%
2000$426.6M$149.7M-$276.9M+12.4%
2001$395.9M$163.8M-$232.1M-7.2%
2002$397.0M$195.2M-$201.8M+0.3%
2003$469.6M$178.9M-$290.7M+18.3%
2004$757.9M$214.9M-$543.0M+61.4%
2005$763.9M$170.1M-$593.8M+0.8%
2006$1.1B$175.1M-$903.6M+41.2%
2007$1.2B$146.5M-$1.1B+14.2%
2008$1.6B$170.3M-$1.4B+31%
2009$998.1M$102.9M-$895.2M-38.1%
2010$1.1B$131.4M-$993.5M+12.7%
2011$1.4B$178.6M-$1.3B+27.3%
2012$1.5B$213.9M-$1.3B+3.8%
2013$1.8B$208.6M-$1.6B+19.4%
2014$1.9B$185.2M-$1.7B+8.6%
2015$2.1B$206.8M-$1.9B+10.6%
2016$2.3B$244.6M-$2.1B+8.1%
2017$2.5B$397.6M-$2.1B+9.2%
2018$3.1B$370.2M-$2.7B+21.2%
2019$2.7B$234.7M-$2.4B-12.6%
2020$1.8B$206.1M-$1.6B-32.3%
2021$2.8B$240.8M-$2.6B+55.1%
2022$4.5B$737.1M-$3.8B+61.5%
2023$4.2B$330.0M-$3.9B-6.7%
2024$4.0B$262.5M-$3.8B-4.5%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
188Aircraft$227.8M5.7%5212
203Fish and crustaceans$23.0M0.6%85167
327Mineral fuels$559.4M13.9%5228
416Prepared meat and fish$16.8M0.4%7941
515Animal and vegetable fats$23.7M0.6%5238
672Iron and steel$81.3M2%37133
723Food industry residues$1.4M0%3010
884Machinery$465.5M11.5%105459
974Copper$6.0M0.1%4140
1071Precious stones and metals$120.8M3%4336

Questions about this profile

Maldives import demand, in context

Short answers for import and supplier research.

What does the Maldives import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Maldives.

What is the latest reported import value for Maldives?

Maldives recorded $4.0B in reported imports in 2024.

Which sectors lead Maldives's imports?

Aircraft leads by reported import value at $227.8M.

How many years of Maldives import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.