Market research

Treenuts market in Maldives

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The treenuts market in Maldives began the period at 3 497 t in 2018, a year that saw a record 1.4 million tourist arrivals, which increased demand for food services and supported nut consumption. Market volume remained nearly stable in 2019 at 3 517 t before contracting to 3 214 t in 2020.

A consistent expansion followed from 2021 to 2023, with the market reaching 4 857 t by the end of 2023. This growth coincided with a sharp rise in imports, which climbed to 2 667 t in 2023.

In 2024, the tourism sector continued its strong performance with projections of 2 million arrivals, driven by policy support for luxury offerings and expanded accommodation capacity. Although treenut imports moderated to 2 226 t, the underlying demand from the thriving tourism industry provided ongoing support for the market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Maldives
  1. 5.1.1. Annual dynamics of production in Maldives in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Maldives in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Maldives in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Maldives by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Maldives in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Maldives by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Maldives, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Maldives by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Maldives in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Maldives by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Maldives in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Maldives by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Maldives, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Maldives by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Maldives in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Maldives by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Maldives in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Maldives by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Maldives, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Maldives by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Maldives in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Maldives by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Maldives in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Maldives by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Maldives, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Maldives by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production treenuts in Maldives

In kind, 2017-2020, t

Top producers of treenuts, 2017-2020

Source: SHEV.io

World map of production of treenuts, 2017-2020

Source: SHEV.io

Maldives has seen its treenuts production increase for the third consecutive year. In 2020, the country produced 2 131 tonnes of treenuts, which remained largely unchanged from the 2019 level.

Annual dynamics of production in Maldives in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.3%	0.4%	0.4%	0.3%

Source: SHEV.io

Exports treenuts from Maldives

Exports in kind, t

In 2020, Maldives exported 0.4 tonnes of treenuts, marking a 68.7% decrease from 2019. Over the period from 2017 to 2020, exports fell by 72.5%, which translates to an annualized decline of 35.0%. The most significant increase occurred in 2019, when exports rose by 41.8%.

Annual dynamics of product's exports from Maldives in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(38.1%)	41.8%	(68.7%)	(35.0%)

Source: SHEV.io

From 2017 to 2020, Bahrain was the dominant buyer of treenuts from Maldives, accounting for 92.7% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Maldives in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Maldives has experienced a decline in treenuts export value for the third year in a row. In 2020, exports amounted to 4 thousand US dollars, down 72.5% compared to 2019. Between 2017 and 2020, export value decreased by 82.2%, equating to an annualized rate of decline of 43.7%.

Annual dynamics of product's exports from Maldives in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.7%)	(27.4%)	(72.5%)	(43.7%)

Source: SHEV.io

During 2017–2020, Bahrain clearly led as the top buyer of treenuts from Maldives in value terms, capturing 96.7% of total exports.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Maldives in value, 2017-2020

Source: SHEV.io

Imports treenuts to Maldives

Imports in kind, t

Following two years of growth, treenuts imports into Maldives declined in 2020. The import volume totaled 1 084 tonnes, a 22.4% drop from the previous year. From 2017 to 2020, imports increased by 11.7%, with an annualized growth rate of 3.7%. The peak volume was recorded in 2019 at 1 396 tonnes, while the largest increase occurred in 2018, with a rise of 42.5%.

Annual dynamics of product's imports to Maldives in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	42.5%	0.9%	(22.4%)	3.7%

Source: SHEV.io

Between 2017 and 2020, India and the United Arab Emirates together accounted for 80.3% of total treenuts imports into Maldives by volume, with the remaining imports distributed across various other markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Maldives in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Treenuts imports into Maldives declined for the second consecutive year in 2020, with a value of 5 539 thousand US dollars, representing a sharp 25.6% decrease from 2019. Over the 2017-2020 period, import value fell by 2.3%, corresponding to a compound annual growth rate of -0.8%. The highest value was recorded in 2018 at 7 831 thousand US dollars, which also saw the largest increase of 38.1%.

Annual dynamics of product's imports to Maldives in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	38.1%	(4.9%)	(25.6%)	(0.8%)

Source: SHEV.io

From 2017 to 2020, treenuts imports into Maldives in value terms were primarily directed towards India and the United Arab Emirates, which together made up 82.6% of total imports, while other destinations played a minor role.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Maldives in value, 2017-2020

Source: SHEV.io