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Maldives

Maldives ranked No. 180 in total trade value through August with a total of $40.74 million. Exports totaled $22.76 million and Imports totaled $17.97 million, a surplus of $4.79 million.

January – August 2019

Top Trading Ports

Total Trade: $40.74 million

RankPortTotal YTD
1John F. Kennedy International Airport $3,943,130
2Cleveland’s Hopkins International Airport, Ohio $3,751,850
3Port of Newark $3,212,801
4Chicago O’Hare International Airport $2,819,912
5San Francisco International Airport, Calif. $2,797,908
6Los Angeles International Airport $2,684,801
7Port of New Orleans $2,413,314
8Port of Virginia $2,191,879
9Miami International Airport $1,635,832
10Port of Los Angeles $1,607,231

U.S. trade with Maldives rose to $40.74 million through August

Maldives’s trade with the United States rose to $40.74 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.94 percent below its total trade during the same time period last year. U.S. exports to Maldives decreased 17.6 percent while U.S. imports from Maldives rose 14.58 percent. The U.S. surplus with Maldives was $4.79 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Cleveland’s Hopkins International Airport, Ohio; No. 3 Port of Newark; No. 4 Chicago O’Hare 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 Port of Newark No. 3 Chicago O’Hare International Airport No. 4 San Francisco International Airport, Calif. and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 40.57 percent of Maldives’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 22.29 percent to $3.94 million.
    Exports fell 40.5 percent to $481,557. Imports fell 18.83 percent to $3.46 million.
  • Trade with No. 2 Cleveland’s Hopkins International Airport, Ohio rose 35.11 percent to $3.75 million.
    Exports rose 33.68 percent to $3.62 million. Imports rose 90.06 percent to $133,799.
  • Trade with No. 3 Port of Newark fell 20.4 percent to $3.21 million.
    Exports fell 68.54 percent to $608,879. Imports rose 23.95 percent to $2.6 million.
  • Trade with No. 4 Chicago O’Hare International Airport fell 11.45 percent to $2.82 million.
    Exports fell 5.21 percent to $2.12 million. Imports fell 26.28 percent to $694,932.
  • Trade with No. 5 San Francisco International Airport, Calif. fell 10.21 percent to $2.8 million.
    Exports rose 61.76 percent to $513,562. Imports fell 18.37 percent to $2.28 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. 181.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Maldives by value through August were the categories of Civilian aircraft, parts; Computers; Defense-related aircraft, parts; Cell phones, related equipment; and Pumps for dispensing liquids, respectively. They accounted for 41.09 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; Value added to a returned import; and Salvage –– accounted for 97.8 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 4.51 percent compared to last year to $5.13 million.
  • Computers rose 40.39 percent compared to last year to $1.53 million.
  • Defense-related aircraft, parts rose 96.25 percent compared to last year to $1.26 million.
  • Cell phones, related equipment fell 52.7 percent compared to last year to $751,120.
  • Pumps for dispensing liquids rose 45.48 percent compared to last year to $687,095.

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

  • Fish, fresh or chilled fell 5.7 percent compared to last year to $9.03 million.
  • Caviar, caviar substitutes, other prepared fish rose 53.1 percent compared to last year to $5.19 million.
  • Fish fillets, chilled or frozen rose 33.65 percent compared to last year to $2.38 million.
  • Value added to a returned import rose 184.08 percent compared to last year to $766,650.
  • Salvage fell 22.99 percent compared to last year to $212,181.

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.