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Maldives Imports, exports increase

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Maldives Customs Service stated that import and exports have increased by seven percent in November.

The statistics statedthat MVR 3.1 billion worth of goods were imported in November 2017, compared with goods worth MVR 3.3 billion imported in November 2018.

Revenue from import duty and other fees, including oil products, had increased by 2.23 percent for November compared with last year. Import duty in November 2017 was MVR 225.3 million compared with MVR 261 million this year.

The report reveals that exports worth MVR 406.8 million were recorded in November 2018.