Archive · 17 Aug 2025
India-Maldives Trade Triples in Seven Years
India and the Maldives are trading a lot more than before.
Over the last seven years, their trade has tripled.
India sells more goods to the Maldives than it buys.
India is also giving the Maldives money to help out, and they're talking about making trade easier with a free trade agreement.
The recent visit by the Indian Prime Minister showed better relations.
This is important because the Maldives is an important neighbor for India in the Indian Ocean and for shipping routes.
Bilateral trade between India and Maldives increased threefold in seven years.
India's exports to Maldives rose significantly.
Imports from Maldives also expanded during the same period.
India announced a line of credit of Rs 4,850 crore to Maldives.
Discussions for a free trade agreement are underway.
- Who
- India and the Maldives.
- What
- Bilateral trade between India and Maldives increased.
- When
- Over the past seven years, from 2017-18 to 2024-25.
- Where
- Between India and the Maldives.
- Why
- Trade is increasing due to various factors, including financial aid and potential trade agreements.
- Trade increase
- 3-fold in 7 years
- Trade value (2017-18)
- $223 million
- Trade value (2024-25)
- $680 million
- India Exports (2024-25)
- $561 million
- Line of credit
- Rs 4,850 crore