Imports, exports rise in first quarter of 2013

Imports to the Maldives increased by 12 percent in the first quarter of 2013 compared to the same period last year, according to the Maldives Customs Service.

Total imports in the first quarter amounted to MVR6.5 billion (US$421.5 million) compared to MVR5.8 billion (US$376 million) in 2012.

Exports meanwhile grew by 44 percent compared to the same period in 2012.  During the first three months of 2013, exports rose to MVR785 million (US$51 million) from MVR545 million (US$35 million) in Q1, 2012 .

Total revenue from import duties also increased by nine percent compared to the same period last year.

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2 thoughts on “Imports, exports rise in first quarter of 2013”

  1. This is basic facts. Country economy is improving now .

    during Nasheed time, economy was in a big crisis and this is why he resigned also.

    He had created the scenario to get opposition people start calling for his resignation and then resigned and started to blame the resignation as forced resignation

    Truth of the matter is that he had clue of managing the state budget and his popularity was going down and left with no choice except the resignation .

    Once he resigned he started to campaign to win the sympathy vote. Nasheed is a traitor and the biggest lier in the world.

    Nasheed had drag the country to its debt to over 900 million 3 times more than what ti was just three year before his resignation.

    Current Govermnet had at least managed to stabilize the economy and its deficit is now slowly getting down.

    Nasheed is like a play boy and went on giving out assets to close buddies for nothing and then state keep on losing what ether were earning . Examples are Dhiraagu and MWSC and Airport company etc to name.

    Now today, huge amount of dollars are earned by airports company and that is now getting deposited in BML and retain within the our economy where as during GMR time it all gets drained out.

    B

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