Maldives’ economy depends on fishing, shipping and tourism. Garment production, boat building, and handicrafts are the other main industries of the country. One of the major problems facing Maldives is a dwindling supply of fresh water and an inadequate sewage treatment. Despite physical limitations such as the lack of cultivated land irrigation, and unfavourable climatic conditions, several cash crops are grown of which the most important ones are cotton, coconut, breadfruit, mango, papaya, lime, banana, pumpkin and taro. Sugar cane, tobacco and tea are also grown for domestic consumption. Livestock is raised for both domestic and export markets.
| GDP at Current Market Prices: |
753.05 million US$ (2004) |
| Per Capita GDP: |
2239.19 US$ (2004) |
| Share of Sectors in GDP: |
7.68% Agriculture, 16.0% Industry, 63.0% Services, (2004) |
| Total Exports: |
713.83 million US$ (2004) |
| Total Imports: |
627.27 million US$ (2004) |
| Major Exports Items: |
Canned fish, dried fish, frozen fish, apparel and clothing |
| Major Imports Items: |
Machinery and transportation equipment, basic manufactures, food and animals, petroleum products |
| Major Trading Partners: |
Singapore, Sri Lanka, Malaysia, UAE and France |
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