During the year 2018, Exports from Sri Lanka to Papua new guinea amounted to a total value of Rs. 242.76 million, while the Imports to Sri Lanka from Papua new guinea amounted to a total value of Rs. 76.72 million. This resulted in a positive Bilateral Trade Balance of Rs. 166.04 million for Sri Lanka with papua new guinea for the year 2018.
In comparison, during the year 2017, Exports from Sri Lanka to Papua new guinea amounted to a total value of Rs. 172.49 million, while the Imports to Sri Lanka from Papua new guinea amounted to a total value of Rs.240.04 million. This resulted in a negative Bilateral Trade Balance of Rs. -67.55 million for Sri Lanka with Papua new guinea for the year 2017.
Therefore there has been an increase in the Bilateral Trade surplus of Sri Lanka with Papua new guinea from the year 2017 to the year 2018.
Papua new guinea is a country with a lower middle income Economy.
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|Source : World Bank|
Source : World Bank
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