Balance of trade in goods and services reached -0.830 MVR bil in 2017 in Maldives, according to the National Statistical Office. This is 6.56 % more than in the previous year.
Historically, balance of trade in goods and services in Maldives reached an all time high of 8.38 MVR bil in 2014 and an all time low of -4.92 MVR bil in 2005. When compared to Maldives's main peers, balance of trade in goods and services in India amounted to -5,480 INR bil, 137,825 IDR bil in Indonesia, 109 SGD bil in Singapore and -957 SKR bil in Sri Lanka in 2017.
Maldives has been ranked 74th within the group of 163 countries we follow in terms of balance of trade in goods and services, 15 places behind the position seen 10 years ago.
The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).
|Balance of Trade In Goods and Services (Local Currency)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Sri Lanka||SKR bil||-952||-1,036||-827||-836||-825|