During the year 2018, Exports from Sri Lanka to Armenia amounted to a total value of Rs. 141.29 million, while the Imports to Sri Lanka from Armenia amounted to a total value of Rs. 0.03 million. This resulted in a positive Bilateral Trade Balance of Rs. 141.26 million for Sri Lanka with armenia for the year 2018.
In comparison, during the year 2017, Exports from Sri Lanka to Armenia amounted to a total value of Rs. 43.93 million, while the Imports to Sri Lanka from Armenia amounted to a total value of Rs.0.10 million. This resulted in a positive Bilateral Trade Balance of Rs. 43.83 million for Sri Lanka with Armenia for the year 2017.
Therefore there has been an increase in the Bilateral Trade surplus of Sri Lanka with Armenia from the year 2017 to the year 2018.
Armenia 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||0||3,606|
|Source : World Bank|
Source : World Bank
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