During the year 2018, Exports from Sri Lanka to Thailand amounted to a total value of Rs. 7,241.64 million, while the Imports to Sri Lanka from Thailand amounted to a total value of Rs. 80,875.97 million. This resulted in a negative Bilateral Trade Balance of Rs. -73,634.33 million for Sri Lanka with Thailand for the year 2018.

In comparison, during the year 2017, Exports from Sri Lanka to Thailand amounted to a total value of Rs. 8,017.45 million, while Imports to Sri Lanka from Thailand amounted to a total value of Rs.79,055.98 million. This resulted in a negative Bilateral Trade Balance of Rs. -71,038.53 million for Sri Lanka with Thailand for the year 2017.

Therefore there has been an decrease in the Bilateral Trade deficit of Sri Lanka with Thailand from the year 2017 to the year 2018.


Source:Tourism-SLTB

Thailand is a country with a upper middle income Economy.

Year
2016 2017 2018
Population (No.) 68,863,514 69,037,513 n/a
GDP (Current US$ Millions) n/a 406,840 455,303
Ease of Doing Business Ranking 46 26 n/a
Per Capita Income (Current US$) n/a 6,595 5,908
Source : World Bank

*Notes: 2016 Data are from the Doing Business 2017 report that are current as of June 1, 2016;  2017 Data are from the Doing Business 2018 report that are current as of June 1, 2017; 2018 Data are from the Doing Business 2019 report that are current as of May 1, 2018.

Abbreviations: n/a – not available

Source : World Bank

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