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DTIS, Volume I - Enhanced Integrated Framework (EIF)

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the relatively high rate of unemployment among Maldivians, localization is essential and<br />

should be based on a systematic approach to training and human resource development to<br />

meet the requirements of the economy.<br />

Table 3.5: Expatriate work force (no of work permits) by country of origin<br />

2004<br />

Country\ Year 2001 2002 2003 2004 Share in %<br />

India 12872 13871 15624 16657 43<br />

Bangladesh 5466 5792 6279 9337 24<br />

Sri Lanka 8016 8343 8796 8320 22<br />

Nepal 440 411 438 802 2<br />

Sub-continent 26794 28417 31137 35116 91<br />

Indonesia 102 87 224 544 1<br />

Italy 346 390 422 375 1<br />

Thailand 85 255 395 237 1<br />

The Philippines 149 142 170 207 1<br />

Germany 191 119 207 218 1<br />

Malaysia 65 34 32 141 0<br />

Rest of the<br />

world 1469 1220 1178 1575 4<br />

Total 29201 30664 33765 38413 100<br />

Source: Ministry of Employment and labour<br />

IV. Exports - Merchandise<br />

Merchandise exports have been growing steadily in recent years until 2004, having<br />

increased in value by over 60 per cent between 2001 and 2004 to a total of Rf 1,572 (US$<br />

122.7 million). However, there was a significant downturn in the first half of 2005. This<br />

was due to two major factors: the tsunami, which seriously affected the fishing sector,<br />

together with the closure of the apparel and textiles industries at the end of 2004. Exports<br />

are highly dependent on the fisheries sector, which in 2004 reached Rf 1,156 ($90.3<br />

million). This was 98 per cent of all exports excluding garments and apparel and 73 per<br />

cent of total exports including these products. In the first half of 2005, the fisheries sector<br />

accounted for 98 per cent of total exports, whilst the apparel sector had virtually<br />

disappeared to a mere 1 per cent – see Table 3.6.<br />

Fisheries exports are concentrated on essentially derivative products from one species,<br />

skipjack tuna, which, in 2004, accounted for 70 per cent of fish exports in volume terms.<br />

However, in recent years, yellow fin tuna landings and exports have increased accounting<br />

for 15 per cent by volume in 2004. This represents an increase of more than 20 per cent<br />

compared to 2003.<br />

Within this pelagic group of fish, the largest exports by value are of frozen skipjack tuna,<br />

followed by canned, dried and a small amount of salted dried. It is noteworthy that<br />

fisheries and fisheries exports still focus on low value species, with only a small amount<br />

20

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