INDIA
EXPORTS FROM SRI LANKA Rs. 956.16 Bn
IMPORTS TO SRI LANKA Rs. 4,585.81 Bn
BALANCE OF TRADE Rs. -3,629.64 Bn
During the year 2023, Exports from Sri Lanka to India amounted to a total value of Rs. 271,529.23 million, while the Imports to Sri Lanka from India amounted to a total value of Rs. 1,036,551.60 million. This resulted in a negative Bilateral Trade Balance of Rs. -765,022.37 million for Sri Lanka with India for the year 2023.
In comparison, during the year 2022, Exports from Sri Lanka to India amounted to a total value of Rs. 274,947.39 million, while Imports to Sri Lanka from India amounted to a total value of Rs.1,428,094.12 million. This resulted in a negative Bilateral Trade Balance of Rs. -1,153,146.73 million for Sri Lanka with India for the year 2022.
Therefore there has been an increase in the Bilateral Trade surplus of Sri Lanka with India from the year 2022 to the year 2023.
India is a country with a lower middle income Economy.
| Year | |||
|---|---|---|---|
| 2021 | 2022 | 2023 | |
| Population (No.) | n/a | n/a | n/a |
| GDP (Current US$ Millions) | n/a | n/a | n/a |
| Ease of Doing Business Ranking | n/a | n/a | n/a |
| Per Capita Income (Current US$) | n/a | n/a | n/a |
*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
