Sri Lanka is the 87th largest export economy in the world and the 115th most complex economy according to the Economic Complexity Index (ECI). In 2014, Sri Lanka exported $11.5B and imported $21.4B, resulting in a negative trade balance of $9.8B. In 2014 the GDP of Sri Lanka was $78.8B and its GDP per capita was $11.1k. The top exports of Sri Lanka are Tea ($1.38B), Non-Knit Women's Suits ($594M), Other Women's Undergarments ($580M), Knit Women's Undergarments ($536M) and Knit Women's Suits ($475M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($2.58B), Planes, Helicopters, and/or Spacecraft ($2.28B), Crude Petroleum ($1.23B), Cars ($800M) and Light Rubberized Knitted Fabric ($592M).
The top export destinations of Sri Lanka are the United States ($2.54B), the United Kingdom ($1.21B), India ($657M), Germany ($644M) and Italy ($565M). The top import origins are India ($5.89B), China ($3.37B), the United Arab Emirates ($1.62B), Singapore ($1.3B) and Japan ($955M). Sri Lanka is an island and borders India and Maldives by sea.
In 2014 Sri Lanka exported $11.5B, making it the 87th largest exporter in the world. During the last five years the exports of Sri Lanka have increased at an annualized rate of 8.9%, from $7.55B in 2009 to $11.5B in 2014. The most recent exports are led by Tea which represent 12% of the total exports of Sri Lanka, followed by Non-Knit Women's Suits, which account for 5.15%.
In 2014 Sri Lanka imported $21.4B, making it the 74th largest importer in the world. During the last five years the imports of Sri Lanka have increased at an annualized rate of 16.8%, from $9.8B in 2009 to $21.4B in 2014. The most recent imports are led by Refined Petroleum which represent 12.1% of the total imports of Sri Lanka, followed by Planes, Helicopters, and/or Spacecraft, which account for 10.7%.
Our team of experts will be happy to help you select the right report to meet your business needs. Call: +94 11 558 8854 / 558 8800 / 558 8818 Email: email@example.com
Check our FAQ section to find the answer
The Ceylon Chamber of Commerce (CCC) has made every attempt to ensure the accuracy and reliability of the information provided on this website. However, the information is provided "as is" without warranty of any kind. CCC does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained on this website.
No warranties, promises and/or representations of any kind, expressed or implied, are given as to the nature, standard, accuracy or otherwise of the information provided in this website/report nor to the suitability or otherwise of the information to your particular circumstances.
A Confederation of Trade Associations, Regional and Sectoral Chambers of Commerce and Industry, Bilateral Business Councils and Employer Organisations in Sri Lanka.
© 2020 The Ceylon Chamber of Commerce. All Rights Reserved.