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Sri Lanka Trade Summary

2003

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 2003

Overall Exports and Imports for Sri Lanka 2003

Exports and imports of Sri Lanka in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,868 million.
  • The total value of imports (CIF) was 6,514 million.
  • At the HS6 digit level, 2,941 products were exported to 187 countries and 4,341 products were imported from 134 countries.

Sri Lanka top 5 Export and Import partners 2003

Top five countries to which Sri Lanka exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 1,774 million, with a partner share of 36.45 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 638 million, with a partner share of 13.11 percent.
  3. Sri Lanka exports to India worth US$ 241 million, with a partner share of 4.95 percent.
  4. Sri Lanka exports to Germany worth US$ 229 million, with a partner share of 4.71 percent.
  5. Sri Lanka exports to Belgium worth US$ 172 million, with a partner share of 3.53 percent.

Top five countries from which Sri Lanka imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 1,077 million, with a partner share of 16.53 percent.
  2. Sri Lanka imports from Hong Kong, China worth US$ 560 million, with a partner share of 8.59 percent.
  3. Sri Lanka imports from Singapore worth US$ 522 million, with a partner share of 8.02 percent.
  4. Sri Lanka imports from Japan worth US$ 448 million, with a partner share of 6.88 percent.
  5. Sri Lanka imports from China worth US$ 329 million, with a partner share of 5.05 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2003

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 384,908.49 (US$ Thousands).
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth 278,860.49 (US$ Thousands).
  3. Sri Lanka exported Men's or boys' trousers, breeches, etc, of cott , worth 129,269.75 (US$ Thousands).
  4. Sri Lanka exported Women's or girls' trousers, breeches, etc, of c , worth 123,857.02 (US$ Thousands).
  5. Sri Lanka exported Brassieres , worth 122,916.56 (US$ Thousands).

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 384,681.79 (US$ Thousands).
  2. Sri Lanka imported Petroleum oils, etc, (excl. crude); preparation , worth 295,687.11 (US$ Thousands).
  3. Sri Lanka imported Diamonds non-industrial unworked or simply sawn , worth 170,201.84 (US$ Thousands).
  4. Sri Lanka imported Spelt, common wheat and meslin , worth 146,786.65 (US$ Thousands).
  5. Sri Lanka imported Printed, dyed or coloured woven fabrics, >=85% , worth 124,090.30 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Sri Lanka in 2003 are below

  • The maximum rate of tariff in percentage on any product was 578.81 percent.
  • The simple average tariff across all products was 9.61 percent.
  • The trade weighted average tariff was 6.26 .
  • The total duty free imports in thousands of US dollars were 2,341,306.61 and duty free tariff line items share was 10.16 percent.

Development Indicators 2003

Key Development Indicators of Sri Lanka in 2003 are below

  • Sri Lanka GDP in current US dollar was 18,882 million.
  • GNI per capita, Atlas method (current US$) was 940.00 .
  • Sri Lanka Trade balance: as % of GDP was -6.03.
  • Trade balance in current US$ was -1,138.00 million.
  • Trade as percentage of GDP was 75.34 .
  • Trade in services as percentage of GDP was 16.36 .

Trade Indicators 2003

Trade Indicators for Sri Lanka in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 4.28.
  • World Growth in percentage was 7.11 and Sri Lanka Country Growth was 4.02 .