US trade (export - import) with Maldives in 2015

Published or Updated: Mar 14, 2017

The report on US foreign trade in goods with Maldives in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Maldives

In 2015, US trade with Maldives totaled $69.9 million, up 10.53% ($6.7 million) from 2014.

US exports to Maldives in 2015 totaled $35.2 million, up 21.39% ($6.2 million) from 2014.

US imports from Maldives in 2015 totaled $34.7 million, up 1.32% ($0.5 million) from 2014.

US trade balance with Maldives went from a deficit of $5.2 million in 2014, to a surplus of $0.5 million in 2015.

Maldives was the US 169th largest trading partner in 2015 (up from 173rd in 2014), accounting for 0.0018% of US total trade (up from 0.0016% in 2014).

Maldives was the US 170th largest export market in 2015 (up from 177th in 2014), accounting for 0.0023% of US total exports (up from 0.0018% in 2014).

Maldives was the US 151st largest supplier in 2015 (down from 150th in 2014), accounting for 0.0015% of US total imports (up from 0.0014% in 2014).

US Exports to Maldives

The major share of US exports to Maldives in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 72.23% of US total exports to Maldives (71.01% in 2014);
  • Chemical products (HS codes 28-40) - 7.78% of US total exports to Maldives (8.70% in 2014);
  • Wood and wood products (HS codes 44-49) - 7.06% of US total exports to Maldives (2.11% in 2014);
  • Metals and products from them (HS codes 72-83) - 3.79% of US total exports to Maldives (2.12% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.62% of US total exports to Maldives (6.63% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.23% of US total exports to Maldives (2.68% in 2014).

The largest gains in US exports to Maldives in 2015 over 2014 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $3,705.9 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1,893.8 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,561.2 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $346.7 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $214.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $142.0 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $139.7 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $124.2 thousand;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $121.4 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $107.9 thousand.

The largest declines in US exports to Maldives in 2015 over 2014 were recorded for the following product groups:

  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $683.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $556.8 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $217.6 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $176.4 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $162.7 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $127.7 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $107.0 thousand.
US exports to Maldives in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 50.9 0.14 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 158.4 0.45 841.9-81.18
07 Edible vegetables and certain roots and tubers 3.5 0.01 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 159.0 0.45 335.4-52.59
09 Coffee, tea, maté and spices 5.7 0.02 13.7-58.84
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3.1 0.01 0.0
17 Sugars and sugar confectionery 0.0 0.00 5.7-100.00
18 Cocoa and cocoa preparations 50.8 0.14 26.393.16
19 Preparations of cereals, flour, starch or milk; bakers’ wares 82.5 0.23 110.3-25.16
20 Preparations of vegetables, fruit, nuts or other parts of plants 198.1 0.56 229.3-13.60
21 Miscellaneous edible preparations 59.1 0.17 113.4-47.93
22 Beverages, spirits and vinegar 129.9 0.37 237.0-45.17
24 Tobacco and manufactured tobacco substitutes 19.6 0.06 8.0145.05
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 24.1 0.07 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 51.3 0.15 31.164.84
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 90.1 0.26 122.6-26.45
29 Organic chemicals 3.6 0.01 13.1-72.39
30 Pharmaceutical products 157.8 0.45 190.9-17.34
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 515.6 1.47 501.72.77
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 579.9 1.65 455.727.27
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 341.4 0.97 219.955.21
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 6.6-100.00
37 Photographic or cinematographic goods 0.0 0.00 10.9-100.00
38 Miscellaneous chemical products 252.0 0.72 251.40.24
39 Plastics and articles thereof 648.1 1.84 687.6-5.74
40 Rubber and articles thereof 150.6 0.43 61.6144.38
41 Raw hides and skins (other than furskins) and leather 6.1 0.02 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 10.1 0.03 56.4-82.15
44 Wood and articles of wood; wood charcoal 2,436.2 6.92 542.5349.11
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 2.9-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 30.0 0.09 45.2-33.60
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 16.7 0.05 20.5-18.64
52 Cotton 6.7 0.02 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3.4 0.01 0.0
54 Man-made filaments 78.0 0.22 78.8-1.07
55 Man-made staple fibers 160.1 0.45 234.7-31.80
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 116.6 0.33 17.2577.84
57 Carpets and other textile floor coverings 0.0 0.00 4.7-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 31.0-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 12.2 0.03 41.6-70.65
60 Knitted or crocheted fabrics 0.0 0.00 6.5-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 75.0 0.21 125.8-40.40
62 Articles of apparel and clothing accessories, not knitted or crocheted 95.5 0.27 115.8-17.53
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 183.1 0.52 43.4321.99
64 Footwear, gaiters and the like; parts of such articles 10.0 0.03 48.1-79.30
65 Headgear and parts thereof 23.9 0.07 19.920.01
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 19.9 0.06 8.4137.64
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 25.7 0.07 0.0
69 Ceramic products 28.1 0.08 7.9256.29
70 Glass and glassware 30.7 0.09 62.4-50.86
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 10.2 0.03 11.7-12.89
73 Articles of iron or steel 821.3 2.33 474.673.04
76 Aluminum and articles thereof 260.7 0.74 46.7458.62
78 Lead and articles thereof 13.3 0.04 13.30.00
80 Tin and articles thereof 33.8 0.10 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 70.9 0.20 25.2181.10
83 Miscellaneous articles of base metal 134.2 0.38 53.4151.18
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,337.1 15.17 3,775.941.35
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 3,219.8 9.15 3,111.93.47
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 609.2 1.73 1,166.0-47.75
88 Aircraft, spacecraft, and parts thereof 12,100.4 34.39 8,394.544.15
89 Ships, boats and floating structures 2,415.3 6.86 2,543.0-5.02
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,732.2 4.92 1,590.18.93
91 Clocks and watches and parts thereof 0.0 0.00 25.5-100.00
92 Musical instruments; parts and accessories of such articles 10.8 0.03 5.982.83
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 163.5 0.46 226.4-27.77
95 Toys, games and sports requisites; parts and accessories thereof 399.3 1.13 616.9-35.28
96 Miscellaneous manufactured articles 4.4 0.01 10.1-56.97
97 Works of art, collectors’ pieces and antiques 3.6 0.01 0.0
99 Commodities not specified according to kind 743.7 2.11 906.4-17.95

US Imports from Maldives

The major share of US imports from Maldives in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 96.49% of US total imports from Maldives (96.05% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.62% of US total imports from Maldives (0.64% in 2014).

The largest gains in US imports from Maldives in 2015 over 2014 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $583.8 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $477.7 thousand.

The largest declines in US imports from Maldives in 2015 over the 2014 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $497.6 thousand.
US imports from Maldives in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 33,445.7 96.49 32,861.91.78
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 17.4 0.05 6.2181.74
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 0.6-100.00
76 Aluminum and articles thereof 0.0 0.00 3.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 518.4 1.50 40.71,172.72
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 43.9 0.13 85.3-48.47
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 12.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 81.2-100.00
95 Toys, games and sports requisites; parts and accessories thereof 14.2 0.04 0.0
99 Commodities not specified according to kind 624.5 1.80 1,122.1-44.34
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce