During the year 2017, Exports from Sri Lanka to Kiribati amounted to a total value of Rs. 15.89 million, while the Imports to Sri Lanka from Kiribati amounted to a total value of Rs. 60.86 million. This resulted in a negative Bilateral Trade Balance of Rs. -44.97 million for Sri Lanka with kiribati for the year 2017.
In comparison, during the year 2016, Exports from Sri Lanka to Kiribati amounted to a total value of Rs. 10.55 million, while the Imports to Sri Lanka from Kiribati amounted to a total value of Rs.0.00 million. This resulted in a positive Bilateral Trade Balance of Rs. 10.55 million for Sri Lanka with Kiribati for the year 2016.
Therefore there has been an decrease in the Bilateral Trade deficit of Sri Lanka with Kiribati from the year 2016 to the year 2017.
Kiribati is a country with a lower middle income Economy.
|GDP (Current US$ Millions)||0||0||0|
|Ease of Doing Business Ranking||0||0||0|
|Per Capita Income (Current US$)||0||1,424||1,449|
|Source : World Bank|
Source : World Bank
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