The Maldives’ exports declined by 7.7 percent between January and November this year compared to the same period in 2023, data from the Maldives Monetary Authority (MMA) has revealed.
The nation’s exports over the period were valued at US$309.4 million — a figure which stood at US$335.2 million over the same period last year.
Seafood made up the bulk of the Maldives’ exports.
Seafood exports as of November this year were valued at US$68.7 million, whereas exports over the same period for 2023 were valued at US$123 million.