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Sri Lanka Trade Summary

1994

Sri Lanka exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SRI LANKA 1994

Overall Exports and Imports for Sri Lanka 1994

Exports and imports of Sri Lanka in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,210 million.
  • The total value of imports (CIF) was 4,483 million.
  • At the HS6 digit level, 2,416 products were exported to 148 countries and 4,472 products were imported from 139 countries.

Sri Lanka top 5 Export and Import partners 1994

Top five countries to which Sri Lanka exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 1,115 million, with a partner share of 34.74 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 285 million, with a partner share of 8.89 percent.
  3. Sri Lanka exports to Germany worth US$ 222 million, with a partner share of 6.93 percent.
  4. Sri Lanka exports to Belgium-Luxembourg worth US$ 189 million, with a partner share of 5.89 percent.
  5. Sri Lanka exports to Japan worth US$ 165 million, with a partner share of 5.15 percent.

Top five countries from which Sri Lanka imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from Japan worth US$ 526 million, with a partner share of 11.74 percent.
  2. Sri Lanka imports from India worth US$ 404 million, with a partner share of 9.02 percent.
  3. Sri Lanka imports from Korea, Rep. worth US$ 326 million, with a partner share of 7.28 percent.
  4. Sri Lanka imports from Hong Kong, China worth US$ 316 million, with a partner share of 7.06 percent.
  5. Sri Lanka imports from United States worth US$ 285 million, with a partner share of 6.35 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by Sri Lanka along with trade value are:

  1. Sri Lanka exported Black tea (fermented) and partly fermented tea, , worth US$ 255,600.93 million.
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth US$ 159,428.46 million.
  3. Sri Lanka exported Diamonds non-industrial nes excluding mounted o , worth US$ 105,100.96 million.
  4. Sri Lanka exported Precious or semi-precious stones nes further wk , worth US$ 76,279.92 million.
  5. Sri Lanka exported Women's or girls' blouses, shirts, etc, of man- , worth US$ 72,807.74 million.

The top five imported HS 6 digit level products from world by Sri Lanka along with trade value are

  1. Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth US$ 211,765.15 million.
  2. Sri Lanka imported Raw cane sugar, in solid form , worth US$ 179,401.65 million.
  3. Sri Lanka imported Diamonds non-industrial unworked or simply sawn , worth US$ 121,559.81 million.
  4. Sri Lanka imported Durum wheat , worth US$ 98,869.76 million.
  5. Sri Lanka imported Diesel powered trucks with a GVW not exceeding , worth US$ 78,385.40 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Sri Lanka in 1994 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 24.51 percent.
  • The trade weighted average tariff was 31.16 .
  • The total duty free imports in thousands of US dollars were 141,823.29 and duty free tariff line items share was 1.73 percent.

Development Indicators 1994

Key Development Indicators of Sri Lanka in 1994 are below

  • Sri Lanka GDP in current US dollar was 11,718 million.
  • GNI per capita, Atlas method (current US$) was 640.00 .
  • Sri Lanka Trade balance: as % of GDP was -11.81.
  • Trade balance in current US$ was -1,383.00 million.
  • Trade as percentage of GDP was 79.43 .
  • Trade in services as percentage of GDP was 15.41 .

Trade Indicators 1994

Trade Indicators for Sri Lanka in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 3.76.
  • World Growth in percentage was 15.29 and Sri Lanka Country Growth was 11.64 .