Maldives Customs Import and Export Taxes

Summary:

This article provides a summary of Maldives' import and export tax policies, detailing the customs duties imposed on most imported goods, with exemptions for items such as rice and personal belongings, and a specific 50% export duty on ambergris. It also discusses the tariff rates as per the World Trade Organization and the South Asia Preferential Trade Arrangement (SAPTA) agreements.

Import Duties

The Government of Maldives imposes customs duties on all imported goods except for rice, sugar, flour, the Quran or its excerpts, personal belongings, spare parts, and goods imported into the Maldives for re-export.

Export Duties

The Government of Maldives generally exempts natural products and re-exported goods from export duties, with the exception of ambergris, which is subject to a 50% export duty.

WTO Most Favored Nation (MFN) Tariff Rates

According to the World Trade Organization website, Maldives applies a zero-duty rate to most imported products from WTO members. However, duties may apply to certain products as detailed in the table below.
[Insert table of specific products and their corresponding duty rates here]

South Asia Preferential Trade Arrangement (SAPTA)

Under the SAPTA agreement, which came into effect in 1995, Maldives applies a zero-duty rate to most imported products from member countries of the South Asian Association for Regional Cooperation (SAARC).
Summary of Import Duties The above information pertains to import duties. Apart from the 50% duty imposed on ambergris, there are no specific export duties on other goods exported from the Maldives.