During the year 2017, Exports from Sri Lanka to Saudi arabia amounted to a total value of Rs. 11,464.06 million, while the Imports to Sri Lanka from Saudi arabia amounted to a total value of Rs. 21,246.70 million. This resulted in a negative Bilateral Trade Balance of Rs. -9,782.64 million for Sri Lanka with saudi arabia for the year 2017.
In comparison, during the year 2016, Exports from Sri Lanka to Saudi arabia amounted to a total value of Rs. 10,858.30 million, while the Imports to Sri Lanka from Saudi arabia amounted to a total value of Rs.19,793.05 million. This resulted in a negative Bilateral Trade Balance of Rs. -8,934.75 million for Sri Lanka with Saudi arabia for the year 2016.
Therefore there has been an decrease in the Bilateral Trade deficit of Sri Lanka with Saudi arabia from the year 2016 to the year 2017.
Saudi arabia is a country with a high income Economy.
|GDP (Current US$ Millions)||0||0||0|
|Ease of Doing Business Ranking||0||0||0|
|Per Capita Income (Current US$)||0||20,733||20,029|
|Source : World Bank|
Source : World Bank
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