Economic Overview
- Economy is growing at a robust pace of 20%.
- It is considered as the world's largest tuna exporter.
- Worldwide known for its supplying of grouper, snapper, marlin,
sailfish, swordfish.
- Tourism industry is the highest earnings earner with more than
20% contribution in GDP.
- Fishing is the second most important sector after tourism
industry.
International Trade
Major Export Items
Fish, Clothing
Main Destinations of Exports
Thailand, United Kingdom, Sri Lanka, Japan, France, Algeria
Major Import Items
Petroleum Products, Ships, Foodstuffs, Clothing, Intermediate and
Capital Goods
Main Origins of Imports
Singapore, UAE, India, Malaysia, Thailand, Sri Lanka
Contacts of Trade
Ministries/ Associations
| Maldives National Chamber of Commerce and Industry |
State Trading Organization |
Ministry of Trade and Industries |
G. Viyafaari Hiya
Ameenee Magu
Male-20-04
Maldives
Tel.: +(960)-326634
Fax: +(960)-310233
E-mail: mncci@dhivehinet.net.mv
|
7, Haveeree Higun
Male-20-02
Maldives
Tel.: +(960)-325823
Fax: +(960)-325218
|
Ghazee Building
Ameer Ahmed Magu
Male-20-05
Maldives
Tel.: +(960)-323890
Fax: +(960)-323840
E-mail: webmaster@trademin.gov.mv
|
| Maldivian
Traders Association |
Ministry
of Fisheries, Agriculture and Marine Resources |
Maldives
Traders Association |
Metropolis 3rd Floor
Male 20-02
Maldives
Tel.: +(960)-326634
Fax: +(960)-321889
E-mail: nce@eureka.lk
|
Ghazee Building, First
Floor
Ameer Ahmed Magu
Maldives
Tel.: +(960)-322625/321239
Fax: +(960)-321168/326558
E-mail: kosala@slt.lk
|
G.Viyafaari Hiyaa, Ameenee
Magu
Male
Maldives
Tel.: +(960)-326634
Fax: +(960)-321889
|
Business Visa Rules
- Valid passport with 3 months validity beyond the duration for
which the visa is issued.
- The applicant is required to give the residency permit of the
native country which should be valid for at least the time of travel
with additional 3 months.
- Duly completed application form with 2 recent photographs pasted
on it.
- Letter of invitation from the company or business associate
situated in the maldives.
- Applicant is required to proof that he/she can bear minimum US
$50 expenditure every day. For proving the fact the applicant is
needed to give bank statement or any other documentary proof. In
case the trip is sponsored by the company then he/she is needed to
give the letter written on the company's letterhead, which should
explicitly mentioned that all the monetary expenditure of the
applicant will be borne by the company itself. The letter should
also mentioned the salary and that he/she has been given vacation
for visiting the maldives. It should be signed by the authorized
person from the company.
- Copy of the return ticket.
- Health insurance, which should be valid for the applicant's whole
stay in maldives.
Business Hours
Offices: Sunday to Thursday from 08:00 - 13:30
Banks: Sunday to Thursday from 07:30 - 14:30
Public Holidays
| Festival |
Date |
| New Year's Day |
January 01 |
| Islamic New Year |
Date Varies |
| Mawlid al-Nabi (Birth of the
Prophet) |
Date Varies |
| Duruthu Full Moon Poya Day |
Date Varies |
| The Day Maldives Embraced Islam |
Date Varies |
| National Day |
Date Varies |
| Independence Day |
July 26-27 |
| Ramadan Begins |
Date Varies |
| Eid al-Fitr (Ramadan ends) |
Date Varies |
| Victory Day |
November 03 |
| Republic Day |
November 11 |
| Hajj Day |
Date Varies |
| Eid al-Adha (Feast of the
Sacrifice) |
Date Varies |
|
 |
|