Foriegn Trade Statistics Of Maldives

UNSD/UNESCAP Workshop on Trade Statistics for the Least Developed Countries (LDCs) and
Small Island Developing Countries (SIDCs)
Bangkok, 25-28 March 2003

Foreign Trade Statistics

Rep of Maldives

Introduction

- The Maldives is small, and has an import
oriented economy.
- The largest proportion of GDP of the Maldives
is produced in the tourism sector engaged in
exports of services.
- More than two thirds of the household
consumption are imported goods.

1


Introduction

- FTS are important not only by itself due to the
large contribution of foreign trade to the
national economy, but also to measure the
various indicators of sectors dependent on
foreign trade such as fishery, manufacturing,
construction and others.

Current Practices

- Data Source
– Import and Export databases are
downloaded through intranet from the
Maldives Customs Services on a monthly
basis
– Export dbase is available in a one month
lag period and the Import dbase in one and
a half month lag, routinely.

2


Current Practices

- Data Structure
– Both Databases are received in .dbf format
– Imports Dbase contains the following fields:-
CODE Harmonised system code
NAME Description of the good
COUNTRY Country of origin
UNIT Unit of net weight
NETWEIGHT Net weight
CIF CIF value
DUTY Import duty

Current Practices

- Data Structure
– Exports Dbase contains the following fields:-
CODE Harmonised system code
NAME Description of the good
COUNTRY Country of origin
UNIT Unit of measurement of
net weight
NETWEIGHT Net weight
FOB FOB value

3


Current Practices

- The Task
– Immediate task is to set up an operational
database as per user’s requirements.
– To produce the following tables monthly and to
cater the routine publications:-
- Export and Import data by BEC

- Export and Import data by CPC sections
- Export and Import data by Country
- Export and Import data by Sector
Automation
– database is handled in Corel Paradox format.
– The tables are stored in Excel workbook.

Availability

- From 1995
- FTS at the moment can be presented by:-
- Countries
- Sectors
– Government
– Public Enterprise
– Private
– Tourism
- Classifications
– Broad Economic Categories (BEC)
– Central Product Classifications (CPC)
– Supply and Use Table Classifications
(SUT)

4


Problems

- For the data collectors the public revenue is utmost
priority, while statistics is the by-product.
- Frequent changes in the coding system leads to the
revision of the published statistics.
- As a result of major changes in the coding systems
from year to year data is not caparison.

Actions Taken

- Had meetings with the customs staff and
explained the ways and needs from the point
of view of statisticians.
- The customs staff is to provide the bridge to
convert the old coding system to the new,
upon all changes in the coding system.
- To minimize minor frequent changes in the
classification.

5


Publications

- Maldives At a Glance (monthly) – MPND
- Development Outlook, Facts & Figures (quarterly) –
MPND
- Development Outlook (annually) – MPND
- Statistical Yearbook of the Maldives (annually) – MPND
- Maldives Key Indicators (annually) – MPND
- Statistical Calendar (annually) - MPND
- Economic Statistics (monthly) – MMA
- Economic Review (annually) – MMA

6

Development Outlook, Facts and Figures - MPND
Table 4: Exports (in million Rf)
% Chn Export Sector % Chn of Major Export Products Major Exporting Countries
Total Total Fresh / Frozen Dried Canned Apparel &
Gov Pvt Chilled Fish Tuna Tuna Fish Clothing Germany HongKong Japan Singapore Sri Lanka Thailand U.K U.S.A
Exports Exports
2001 937.3 4.5 256.5 680.8 4.8 65.0 6.6 -5.4 -4.2 56.8 38.7 43.0 25.0 180.9 80.3 84.7 381.4
2002 1,161.4 23.9 382.0 779.4 73.3 147.7 -15.2 7.3 11.8 38.9 22.2 133.4 35.7 178.4 170.0 110.5 442.3
2001 Oct 62.3 -42.2 16.0 46.3 -25.3 *** -51.3 -49.6 -48.1 1.1 0.5 1.4 0.1 10.5 8.1 6.5 29.3
Nov 71.7 24.7 15.9 55.8 34.0 ** 101.0 234.4 11.4 5.0 0.1 1.7 1.2 14.4 1.2 9.8 34.0
Dec 103.2 69.5 40.3 62.8 -7.5 *** 56.8 4.3 29.2 2.9 0.4 5.0 1.0 16.1 23.4 7.5 40.5
2002 Jan 115.2 16.4 53.8 61.3 69.7 503.8 -49.9 45.5 -9.5 5.1 2.9 5.7 1.8 10.8 36.9 13.2 38.3
Feb 84.1 73.3 26.6 57.4 205.3 *** 96.1 74.4 4.4 4.1 0.0 11.3 2.1 14.0 8.4 7.0 33.5
Mar 105.9 16.3 49.5 56.3 37.8 139.8 -62.7 11.1 24.6 2.5 2.5 10.8 4.2 12.7 20.8 15.9 32.7
Apr 86.0 24.6 23.2 62.9 51.4 128.9 39.4 -32.7 -1.9 0.2 2.4 12.4 3.3 13.5 12.6 4.5 35.6
May 95.7 60.5 37.6 58.1 30.9 474.0 -9.3 *** 8.2 2.2 4.0 2.3 2.0 15.0 24.1 7.7 33.8
Jun 102.6 86.7 53.4 49.2 97.4 *** -31.9 283.0 -5.1 3.4 2.1 10.1 3.5 10.3 33.3 7.9 28.2
Jul 72.8 -34.2 18.8 53.9 15.5 -63.9 -38.0 -75.0 45.3 0.9 1.3 5.9 0.7 15.6 8.4 7.1 31.4
Aug 80.9 -0.2 1.5 79.4 34.1 *** -0.1 -86.3 27.5 1.6 1.9 9.7 1.2 17.1 1.9 0.2 45.8
Sep 95.3 10.2 18.3 77.0 96.3 -92.5 -14.8 24.8 37.8 7.3 1.5 8.7 1.5 20.0 0.8 10.4 42.0
Oct 107.0 71.6 36.0 70.9 110.2 169.9 112.6 119.2 12.8 4.0 0.1 23.0 6.7 18.5 7.8 11.3 33.1
Nov 101.2 41.2 24.0 77.2 251.7 *** -1.2 -21.1 15.8 0.1 3.6 14.0 5.2 15.3 1.0 17.5 43.6
Dec 114.9 11.3 39.2 75.7 191.9 -1.6 -29.5 34.8 4.7 7.6 0.0 19.6 3.4 15.7 13.9 7.7 44.4
* Not exported in the present year **
Not exported in both years *** Not exported in the previous year
Note: % change (chn) is calculated over the same month / period of the previous year
Source: Maldives Custom Services
Figure 4.1: Exports Figure 4.2: Exports by Major Products
140 500

in million Rf
in million Rf

120 400

100
300

80
200
60

100
40

0
20
1998 1999 2000 2001 2002
1997 1998 1999 2000 2001 2002
Apparel & Clothing Dried Tuna Frozen Tuna
Exports T rend Business Cycle Canned Fish Fresh or Chilled Fish

Figure 4.3: Exports by Sectors Figure 4.4: Export Trends by Major Destinations
120 40
in million Rf

100
in percent

30

80

60 20

40
10

20

0
0 1997 1998 1999 2000 2001 2002
1997 1998 1999 2000 2001 2002
G ermany Sri Lanka UK
G ov Sector Pvt Sector Japan USA Thailand

Issue No 9 - January 2003, page 4 of 12

Development Outlook, Facts and Figures - MPND
Table 5: Imports (in million Rf)
% Chn of % Chn by Broad Economic Categories Major Importing Countries
Total Total Imports By Sectors European
Food & Fuel & Machinery Transport Consumer
Imports Imports Gov Public Ent. Pvt Tourism Beverages Lubricants Equipment Equipment Goods Singapore India Sri Lanka Malaysia Union U. A. E.
2000 4,573.7 -3.4 148.9 1,058.5 2,582.0 784.2 -0.9 63.4 -25.1 -7.0 1.3 1,168.2 419.5 619.7 570.5 444.4 387.5
2001 4,741.0 3.7 199.5 1,139.6 2,628.6 773.3 1.5 4.9 6.8 1.9 2.3 1,204.3 502.4 619.7 421.2 576.4 397.5
Dec 2001 - Nov 2002 4,852.0 2.2 223.7 1,098.7 2,792.2 737.5 3.3 0.7 -1.9 -30.7 4.0 1,261.7 532.5 734.9 260.4 667.7 334.5
Jan - Nov 2002 4,482.4 2.5 210.0 1,036.4 2,560.9 675.1 2.0 5.1 -0.5 -30.3 4.0 1,167.3 483.2 681.6 242.6 628.4 307.0
2001 Oct 422.0 4.7 30.9 100.5 229.7 60.9 16.4 2.7 2.2 7.4 6.6 125.5 43.1 54.2 43.9 46.7 33.7
Nov 396.3 3.3 6.3 92.1 235.6 62.3 -8.8 -14.1 14.5 -27.8 4.1 82.8 51.0 48.9 41.4 48.7 29.0
Dec 369.7 -1.9 13.7 62.2 231.4 62.4 16.9 -47.4 -18.7 -35.1 3.7 94.4 49.3 53.2 17.9 39.3 27.5
2002 Jan 372.8 -20.0 31.3 92.5 187.7 61.4 -16.4 -19.0 -5.1 -39.8 -25.6 115.9 34.5 54.6 42.7 37.4 22.1
Feb 357.9 -4.2 24.7 94.5 188.5 50.2 -6.7 12.8 16.3 -72.3 -7.9 85.6 38.2 48.9 23.3 60.6 37.7
Mar 411.0 8.8 30.7 92.9 225.4 61.9 12.4 4.0 22.6 -28.5 12.2 105.8 45.3 48.4 26.4 57.8 30.1
Apr 386.7 -0.9 10.9 71.5 206.8 97.5 0.7 37.5 5.4 -75.1 -3.9 107.5 43.0 46.9 21.2 68.7 27.6
May 347.6 -11.9 15.7 62.8 207.5 61.6 1.6 -8.9 11.8 -74.0 7.5 99.0 37.7 55.9 17.9 43.3 20.9
Jun 411.4 12.4 18.0 101.0 238.3 54.1 16.9 4.3 65.3 -44.4 0.2 111.3 46.6 47.6 17.7 62.5 33.0
Jul 440.5 21.2 13.1 146.5 231.5 49.3 9.4 38.5 66.3 -13.8 14.0 92.3 46.3 63.6 22.7 103.6 23.3
Aug 395.6 -13.5 15.8 75.6 245.2 58.9 -2.2 -46.7 -59.9 -0.3 11.1 98.8 49.6 68.0 15.0 41.1 22.2
Sep 415.6 14.0 12.0 109.9 235.4 58.4 -0.8 52.0 -5.5 5.3 12.6 127.9 42.6 64.8 26.0 59.5 25.4
Oct 514.7 22.0 23.6 111.8 314.9 64.5 2.6 -3.6 6.0 41.4 33.2 141.2 50.7 96.8 19.2 59.5 31.3
Nov 428.6 8.1 14.3 77.3 279.6 57.3 9.7 7.7 -30.5 199.3 -2.5 82.0 48.7 86.3 10.5 34.3 33.5
Note: % change (chn) is calculated over the same month / period of the previous year
Source: Maldives Custom Services
Figure 5.1: Imports Figure 5.2: Imports by Sectors
550 120
in Million Rf

in percent
500
100

450
80

400
60

350

40
300

20
250 1997 1998 1999 2000 2001 2002
1997 1998 1999 2000 2001 2002
Private sector T ourism sector
I m ports Trend Business Cycle Public entp. sector G overnment sector

Figure 5.3: Major Importing Countries Figure 5.4: Import Trends of Selected Broad Economic Categories (BEC)
40 140

120
in Million Rf
in percent

30
100

80
20
60

40
10

20

0 0
1995 1996 1997 1998 1999 2000 2001 95 96 97 98 99 00 01 02

Sri Lanka India C o n s u mer Goods Fuel & Lubricant s Machinery Equipment
Singapore European Union
Food & Be v e r a g e s In d u s trial Supplies T r a n s p o r t Equipment

Issue no 9 - January 2003, page 5 of 12

A GLIMPSE OF THE MALDIVES
LOCATION, AREA & CLIMATE LANGUAGE COMMUNICATION 2002 FINANCE 2003
Location Dhivehi is the national and official language. Telephone lines 28,651 (Budget Estimate) (Million US$)
Latitude 7º6’35” N to 0º42’24” S Malé, Villingili, Aarah, Hulhule & Hulhumalé 20,964
English is widely used in education and foreign Total revenue 313.5
Other inhabited islands 6,656
Longitude 72º33’19” E to 73º46’13”E communication. Resorts 872 Revenue 233.3
Uninhabited islands 159 Monetary grants 3.5
Area
Payphones 769 Fund accounts 3.1
Area (including sea) 115,300 sq.km
EDUCATION 2002 Malé & Villingili 158 Loan disbursement for development projects 68.2
E.E.Z 859,000 sq.km Other islands 611
Students enrolled Total Male Female Grants for development projects 5.3
Number of inhabited islands 199 Mobile phones 41,899
Republic 106,220 53,912 52,308
Number of uninhabited islands 993 Malé 28,243 13,767 14,476 Post-paid 12,274 Total budget 313.5
Atolls 77,977 40,145 37,832 Pre-paid 29,625 General budget 233.3
Climate (Malé) 2002 Educational institutions Atolls Malé Monetary grants 3.5
Annual rainfall 2,183.9 mm Government schools 61 13 Expenditure from fund accounts 3.1
Average daily minimum temperature 25.9º C Private schools 69 5 TRANSPORT 2002 Dev. expenditure financed from foreign loans 68.2
Community schools 170 4
Average daily maximum temperature 30.7º C Land transport 22,810 Dev. expenditure financed from grants 5.3
Literacy rate (2000) 98.9%
Cars 2,366 Overall balance -
Motor/auto cycles 16,587

TOURISM 2002 Other vehicles 3,857
POPULATION 2003 Sea transport 24,309
Tourist arrivals 484,680 NATIONAL ACCOUNTS2003
(projections for mid-year) Percentage change (2001-2002) 5.1 % Fishing fleet 13,899 (At 1995 constant prices - December 2002 revision)
Both sexes 285,066 Number of resorts 87 Baththeli 480 GDP (million US$) 606.6
Male 144,599
Occupancy rate 68.9 Launches 1,635 Annual growth rate 4.2 %
Female 140,467
Beds in operation 16,138 Boats 705 GDP per capita (US$) 2,128
Urban 26.8 %
Percentage change (2001-2002) -2.1 % Other vessels 7,590
Malé (Capital) 76,350 CONSUMER PRICE INDEX2002
Average duration of stay (days) 8.4
Male 39,697
Tourism contribution to GDP 31.3 % June 1995 = 100
Female 36,653
FOREIGN TRADE 2002 Consumer Price Index (CPI) 116.4
CPI excluding fish 114.7
FISHERIES 2001 (Thousand US$)
Total imports (c.i.f) 391,737 Percentage change in CPI (2001 - 2002)
HEALTH 2001 (Thousand metric tonnes)
Total exports (f.o.b) 90,757 Total CPI 0.9 %
Total fish catch 127.2
Life expectancy at birth (years) Male 71 CPI excluding fish 1.5 %
Local consumption 59.6 BALANCE OF PAYMENTS 2001
Female 71
Exports 64.8 (Revised Estimate 28/08/2002) (Million US$)
Infant Mortality Rate (IMR)/’000 live births 17 Current account balance -61.3
Stock of current year 2.7
Crude Birth Rate (CBR)/’000 population 18 Trade balance -237.8 MONETARY SYSTEM
Percentage change (2000 - 2001) 6.9 %
Crude Death Rate (CDR)/’000 population 4 Exports (f.o.b) 110.2 Rufiyaa is pegged to the US Dollar at a market
Composition of fish catch 127.2
Imports (f.o.b) -348.0 determined rate. On 24 July 2001, the Maldives
Still Birth Rate (SBR) /’000 live births 17 Skipjack 88.0 Monetary Authority announced new buying and selling
Services (net) 206.1
Maternal Mortality Ratio(MMR)/100,000 live births 143 Yellowfin tuna 15.2 rates for the US Dollar.
Unrequited transfers -29.5
Exchange rate, (25th July 2001 onwards)
Population per hospital bed 518 Other tuna related species 6.8 Non-monetary capital (net) 39.9
Overall balance -21.4 Buying Selling
Population per practising doctor 1,049 Other marine fish 17.1
US$ 1.00 = Rf. 12.75 Rf. 12.85

Foriegn Trade Statistics Of Maldives

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