FOREIGN TRADE

1990

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

EXPORTS

Total exports (f.o.b value '000 in Rufiyaa )

502,777

586,199

699,190

826,422

878,346

752,706

896,824

937,325

1,161,683

1,445,922

1,572,277

1,334,060

1,735,722

1,384,589

1,617,452

Total exports (f.o.b value in '000 US$)

52,868

49,805

59,404

70,214

74,626

63,951

76,196

76,579

90,756

112,963

122,834

104,223

135,603

108,171

126,363

Marine Products

363,119

436,877

575,822

653,740

667,434

458,427

481,665

538,337

716,706

978,778

1,155,347

1,312,338

1,709,989

1,357,222

1,591,939

Other Products

139,598

149,322

123,368

172,682

210,912

294,279

415,159

398,988

444,977

467,144

416,930

21,722

25,733

27,366

25,512

Total (in %)

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

Marine products

72

75

82

79

76

61

54

57

62

68

73

98

99

98

98

Other products

28

25

18

21

24

39

46

43

38

32

27

2

1

2

2

% Change in exports

25

6

19

18

6

-14

19

5

24

24

9

-15

30

-20

17

IMPORTS

Total Imports (c.i.f value in '000 Rf)

1,315,406

3,153,336

3,550,566

4,105,947

4,166,248

4,733,418

4,573,655

4,741,042

5,014,045

6,026,026

8,215,256

9,534,267

11,859,521

14,032,513

17,760,114

Total Imports (c.i.f value in '000 US$)

138,318

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

267,913

301,662

348,849

353,972

402,160

388,586

387,340

391,722

470,783

641,817

744,865

926,525

1,096,290

1,387,509

% Change in imports

29

23

13

16

1

14

-3

4

6

20

36

16

24

18

27

EXCHANGE RATE

Average Exchange Rate (Rf per US$)

9.51

11.77

11.77

11.77

11.77

11.77

11.77

12.24

12.80

12.80

12.80

12.80

12.80

12.80

12.80

BALANCE OF PAYMENTS

(In million US$)

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007 ¹

2008 ^1_/

Balance on goods

-43.2

-65.6

-102.8

-125.04

-119.6

-150.8

-185.6

-217.3

-215.9

-262.4

-233.3

-236.0

-212.4

-262.3

-383.8

-493.8

-590.1

-736.8

-890.5

Current Account Balance

9.9

-9.0

-19.6

-53.8

-11.1

-18.2

-7.4

-34.7

-21.9

-78.9

-51.5

-58.7

-35.7

-31.3

-122.3

-273.0

-302.0

-437.8

-590.5

Balance on services

63.1

11.4

1.1

-15.9

8.1

156.1

201.1

218

232.4

234.6

238.8

244.2

251.7

311.7

350.2

109.8

320.7

379.8

416.2

Services (credit)

101.1

51.1

87.8

84.4

114.4

232.8

289.0

312.2

331.3

342.8

348.5

354.1

362.9

431.9

507.7

322.9

551.9

649.1

764.5

Services (debit)

-38

5.5

-4.6

-13.2

-5.9

-76.7

-87.9

-94.2

-98.9

-108.1

-109.7

-109.8

-111.1

-120.3

-157.4

-213.1

-231.2

-269.3

-348.2

Financial Account

8.1

20.3

20.7

37.9

19.2

67.6

52.2

71.0

60.2

76.2

40.2

35.5

73.5

52.4

150.3

263.8

294.2

442.0

468.9

Current Account as a percentage of GDP

4.6

4.6

1.6

6.8

4.1

13.4

8.2

9.4

5.6

4.5

15.8

-68.4

33.0

41.5

46.9

Financial Account as a percentage of GDP

3.8

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

16.9

11.6

14.0

11.1

12.9

6.4

5.7

11.5

7.6

19.4

66.1

65.3

41.9

37.2

GDP ( in millions of USD at current market prices)

216

399

450

508

540

589

624

625

641

692

773

399

450

1054

1260

^1_/ Est.