• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 11.81mn
FDI inflows into India from April 2000 to March 2021

US$ 2,644mn

Bilateral trade value in 2020-2021

25,108
Overseas Indians living in Maldives

Stable and transparent legal system

relative political stability and a rate of growth that has averaged 7.5 percent over the past 15 years

Tourism

industry is booming with more than 1.5m tourists visiting annually

Luxury goods

market for goods and services rival other luxury markets across the world

iHavan

is Maldives' largest integrated project; a Transshipment Port straddling the main East-West shipping routes

Aquaculture

seafood, fish farming, cultivation of seaweed, lobster, shrimp, reef fish and edible crabs form a priority sector in Maldives

India's Exports and Imports to Maldives

Values in US$ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 152.38 179.07 197.79 217 223.02
2 %Growth 17.51 10.46 9.71 2.77
3 India’s Total Export 3,10,338.48 2,62,291.09 2,75,852.43 3,03,526.16 3,30,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.05 0.07 0.07 0.07 0.07
6 IMPORT 4.32 4.29 9.17 5.68 20.41
7 %Growth -0.65 113.87 -38.14 259.58
8 India’s Total Import 4,48,033.41 3,81,007.76 3,84,357.03 4,65,580.99 5,14,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0 0 0 0 0
11 TOTAL TRADE 156.7 183.36 206.97 222.68 243.42
12 %Growth 17.01 12.88 7.59 9.32
13 India’s Total Trade 7,58,371.89 6,43,298.84 6,60,209.46 7,69,107.15 8,44,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.02 0.03 0.03 0.03 0.03
16 TRADE BALANCE 148.06 174.78 188.62 211.33 202.61
17 India’s Trade Balance -1,37,694.93 -1,18,716.67 -1,08,504.60 -1,62,054.83 -1,84,000.33

Ministry of Economic Development, Maldives

(+960) 3333145

Visit Website

4th Floor, Velaanaage Ministry of Economic Development Male’ Maldives

FICCI

(+91) 11 23738760 / 70

Visit Website

Federation House, Tansen Marg, New Delhi, 110001

Embassy of India, Male, Maldives

fscons.male mea.gov.in

(+960) 3323015, 3323016

Visit Website

Athireege Aage
Ameeru Ahmed Magu, Henveiru
Malé, Maldives 20125

Commercial Representative

(+960) 9146531

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Second Secretary (Commerce & Projects)

Opportunities

Agricultural exports

    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)

    agriexchange.apeda.gov.in

    Cuts & edible offal of species gallus domesticus, frozen (020714)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of fowls of species Gallus domesticus, not cut in pieces, frozen (020712)
    OTHER FRESH EGGS: OF FOWLS OF THE SPECIES GALLUS DOMESTICUS (040721)
    Prpd/prsvd meat, meat ofal/blood of fwls of the spcs galus dmstcs (160232)

    agriexchange.apeda.gov.in

    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
    Wheat/meslin flour (110100)

    agriexchange.apeda.gov.in

    Milk in powder/granules/oth. solid form, sweetened, fat content by wt. >1.5 … (040229)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Preparations for infant use, put up for RS (190110)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Crustaceans; frozen, crabs, in shell or not, smoked, cooked or not nefore or during smoking; in shell, cooked by steaming or by boiling in water (030614)
    Crustaceans; frozen, lobsters (Homarus spp.), in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030612)
    Crustaceans; frozen, shrimps and prawns, excluding cold water varieties, in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030617)
    Sauces and smlr products of meat, meat offal or blood food prpns, based on these products (160100)

    fishexchange.mpeda.gov.in
Minerals

    Export: LPG – US$ 145 million

    oec.world

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Maldives
  • Scrap metal
India's top export to Maldives
  • Rice
  • Dal
  • Vegetables
  • Eggs
  • Wheat and wheat flour
  • Sugar and Spices
  • Radar apparatus
  • Rock boulders
  • Sand and aggregate, Cement
  • Textiles
  • Pharma drugs
  • Engineering and industrial products

Bilateral Investors

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