India / Maldives

Overview In September 2024, India exported $50.8M and imported $1.63M from Maldives, resulting in a positive trade balance of $49.2M. Between September 2023 and September 2024 the exports of India have increased by $13.3M (35.3%) from $37.5M to $50.8M, while imports decreased by $-33.7M (-95.4%) from $35.4M to $1.63M.

Trade In September 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 September 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 September 2024, the increase in India's year-by-year exports to Maldives was explained primarily by an increase in product exports in Indl. Machnry For Dairy Etc ($2.63M or 981%), Products Of Iron And Steel ($2.01M or 273%), and Drug Formulations, Biologicals ($926k or 57.1%). In September 2024, the decrease in India's year-by-year imports  from Maldives was explained primarily by an decrease in product imports  in Electronics Instruments ($-567k or -96.2%), Other Commodities ($-105k or -87.8%), and Electric Machinery And Equipme ($-49.1k or -91.4%).