Maldives Sees 65% Surge in Fish Exports in Early 2025

The Maldives has recorded a significant rise in fish exports during the first four months of 2025, according to the Maldives Monetary Authority (MMA). Driven mainly by fresh and frozen fish sales, total exports grew by 64.7 percent compared to the same period last year, pointing to the growing role of the fisheries sector in the national economy.

Between January and April, the country exported 31,000 metric tonnes of fish — a sharp jump from 19,000 metric tonnes during the same period in 2024. The standout performer was skipjack tuna, with fresh and frozen exports soaring by 78 percent to 28,000 metric tonnes, up from 15,000 metric tonnes the year before.

Other categories also showed strong growth. Exports of other fresh and frozen fish products increased by 40 percent to 229 metric tonnes. Processed tuna saw a 58 percent rise, reaching 532 metric tonnes — a sign of continued international demand for Maldivian seafood.
However, not all areas experienced growth. Exports of canned and pouched fish dropped to 2,127 metric tonnes, down from 2,556 metric tonnes the previous year. This dip contrasts with the gains seen in other segments.
The government has identified the fisheries sector as a key pillar of national income. As part of its strategy, plans are in place to improve infrastructure and tackle industry challenges. A major development is the new fish canning facility being built in Hulhumalé by the Maldives Industrial Fisheries Company (MIFCO). Backed by a USD 65 million loan from the Islamic Development Bank and the Maldivian government, the plant is expected to significantly increase processing capacity.

Once complete, the facility will handle up to 35 metric tonnes of fish daily, supporting the country’s ambition to strengthen its global seafood market position.