India-Maldives ties have been reset since Ibrahim Mohamed Solih became president in 2018. Maldives is also reconsidering its trade exposure to China under the FTA it has with Beijing. Meanwhile, India-backed infrastructure projects are being implemented in Maldives, and Delhi came forward to assist the country following the COVID-19 outbreak.
In 2020, Maldives’ imports from India were valued at US$196.17 million. The imported goods included pharmaceuticals, cereals, plastics, machinery, vegetables, medical apparatus, electrical equipment, dairy products, and fruits. In 2020, Maldives’ exports to India were valued at US$17.74 million. The exported goods included ships, boats, iron, steel, medical apparatus, machinery, aluminum, copper, electrical equipment, mineral fuels, and vehicles besides railway and tramway.
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