India / Maldives

Overview In November 2024, India exported $30.3M and imported $1.66M from Maldives, resulting in a positive trade balance of $28.7M. Between November 2023 and November 2024 the exports of India have decreased by $-7.95M (-20.8%) from $38.3M to $30.3M, while imports increased by $487k (41.6%) from $1.17M to $1.66M.

Trade In November 2024, the top exports of India to Maldives were Indl. Machnry For Dairy Etc ($2.9M), Products Of Iron And Steel ($2.74M), Drug Formulations, Biologicals ($2.55M), Iron And Steel ($1.93M), and Moulded And Extruded Goods ($1.49M). In November 2024 the top imports of India from Maldives were Iron And Steel ($1.24M), Copper And Prdcts Made Of Copr ($435k), Aluminium, Products Of Aluminm ($174k), Other Construction Machinery ($38.1k), and Petroleum Products ($25.7k).

Growth In November 2024, the decrease in India's year-by-year exports to Maldives was explained primarily by an decrease in product exports in Other Commodities ($-991k or -79.3%), Cranes, Lifts And Winches ($-704k or -67%), and Other Construction Machinery ($-508k or -30.9%). In November 2024, the increase in India's year-by-year imports  from Maldives was explained primarily by an increase in product imports  in Iron And Steel ($612k or 97.3%), Copper And Prdcts Made Of Copr ($358k or 461%), and Aluminium, Products Of Aluminm ($101k or 138%).