During the year 2017, Exports from Sri Lanka to Taiwan amounted to a total value of Rs. 7,283.75 million, while the Imports to Sri Lanka from Taiwan amounted to a total value of Rs. 73,492.12 million. This resulted in a negative Bilateral Trade Balance of Rs. -66,208.37 million for Sri Lanka with taiwan for the year 2017.
In comparison, during the year 2016, Exports from Sri Lanka to Taiwan amounted to a total value of Rs. 5,618.09 million, while the Imports to Sri Lanka from Taiwan amounted to a total value of Rs.72,255.85 million. This resulted in a negative Bilateral Trade Balance of Rs. -66,637.76 million for Sri Lanka with Taiwan for the year 2016.
Therefore there has been an increase in the Bilateral Trade surplus of Sri Lanka with Taiwan from the year 2016 to the year 2017.
Taiwan is a country with a high income Economy.
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|Source : World Bank|
Source : World Bank
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