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Maldives

Maldives ranked No. 180 in total trade value through October with a total of $51.88 million. Exports totaled $31.61 million and Imports totaled $20.27 million, a surplus of $11.34 million.

January – October 2018

Top Trading Ports

Total Trade: $51.88 million

RankPortTotal YTD
1John F. Kennedy International Airport $6,581,099
2Port of Newark $4,520,947
3Chicago O’Hare International Airport $3,965,308
4Los Angeles International Airport $3,920,610
5San Francisco International Airport, Calif. $3,758,778
6Cleveland’s Hopkins International Airport, Ohio $3,278,534
7Port of Los Angeles $2,993,395
8Port of Virginia $2,544,879
9Port Huron Blue Water Bridge, Mich. $2,521,095
10Port of New York $2,438,735

U.S. trade with Maldives rose to $51.88 million through October

Maldives’s trade with the United States rose to $51.88 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.33 percent above its total trade during the same time period last year. Maldives’s exports increased 18.62 percent while imports rose 17.89 percent. The U.S. surplus with Maldives was $11.34 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Newark; No. 3 Chicago O’Hare International Airport; No. 4 Los Angeles International Airport; and No. 5 San Francisco International Airport, Calif.. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 San Francisco International Airport, Calif. No. 3 Chicago O’Hare International Airport No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 43.85 percent of Maldives’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 2.98 percent to $6.58 million.
    Exports rose 76.51 percent to $885,238. Imports fell 3.28 percent to $5.7 million.
  • Trade with No. 2 Port of Newark rose 169.67 percent to $4.52 million.
    Exports rose 521.28 percent to $2.06 million. Imports rose 83.11 percent to $2.46 million.
  • Trade with No. 3 Chicago O’Hare International Airport rose 16.39 percent to $3.97 million.
    Exports fell 6.7 percent to $2.73 million. Imports rose 157.11 percent to $1.23 million.
  • Trade with No. 4 Los Angeles International Airport rose 24.33 percent to $3.92 million.
    Exports rose 21.39 percent to $2.49 million. Imports rose 29.8 percent to $1.43 million.
  • Trade with No. 5 San Francisco International Airport, Calif. fell 8.03 percent to $3.76 million.
    Exports fell 36.26 percent to $368,445. Imports fell 3.38 percent to $3.39 million.

Maldives ranked No. 180 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 180.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Maldives by value through October were the categories of Civilian aircraft, parts; Cell phones, related equipment; Iron and steel containers, more than 300l capacity; Computers; and Motor vehicle engines, respectively. They accounted for 35.36 percent of total exports to Maldives.

The value of the top five categories of U.S. imports from Maldives –– Fish, fresh or chilled; Caviar, caviar substitutes, other prepared fish; Fish fillets, chilled or frozen; Salvage; and Value added to a returned import –– accounted for 97.8 percent of all inbound shipments.

Looking more closely at U.S. exports to Maldives:

  • Civilian aircraft, parts fell 18.71 percent compared to last year to $5.57 million.
  • Cell phones, related equipment rose 31.2 percent compared to last year to $1.88 million.
  • Iron and steel containers, more than 300l capacity rose 126.87 percent compared to last year to $1.28 million.
  • Computers fell 18.5 percent compared to last year to $1.28 million.
  • Motor vehicle engines rose 120.52 percent compared to last year to $1.16 million.

Looking more closely at U.S. imports from Maldives:

  • Fish, fresh or chilled rose 0.19 percent compared to last year to $12.49 million.
  • Caviar, caviar substitutes, other prepared fish rose 956.31 percent compared to last year to $4.37 million.
  • Fish fillets, chilled or frozen fell 24.54 percent compared to last year to $2.28 million.
  • Salvage fell 26.83 percent compared to last year to $364,519.
  • Value added to a returned import rose 36.69 percent compared to last year to $318,415.

In the latest annual figures available, Maldives recorded $56.33 million in trade with the United States. At year’s end, its were New York City; Los Angeles; San Francisco; Chicago; and Cleveland. Total U.S. exports to Maldives were $ 34.28 million and imports from Maldives were $22.05 million. The U.S. surplus with Maldives was $12.23 million.