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Sri Lanka Trade Summary

2004

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 2004

Overall Exports and Imports for Sri Lanka 2004

Exports and imports of Sri Lanka in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,467 million.
  • The total value of imports (CIF) was 7,852 million.
  • At the HS6 digit level, 3,040 products were exported to 185 countries and 4,377 products were imported from 135 countries.

Sri Lanka top 5 Export and Import partners 2004

Top five countries to which Sri Lanka exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 1,861 million, with a partner share of 34.04 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 774 million, with a partner share of 14.16 percent.
  3. Sri Lanka exports to India worth US$ 385 million, with a partner share of 7.03 percent.
  4. Sri Lanka exports to Germany worth US$ 271 million, with a partner share of 4.96 percent.
  5. Sri Lanka exports to Belgium worth US$ 196 million, with a partner share of 3.58 percent.

Top five countries from which Sri Lanka imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 1,355 million, with a partner share of 17.26 percent.
  2. Sri Lanka imports from Singapore worth US$ 730 million, with a partner share of 9.30 percent.
  3. Sri Lanka imports from Hong Kong, China worth US$ 618 million, with a partner share of 7.87 percent.
  4. Sri Lanka imports from Iran, Islamic Rep. worth US$ 460 million, with a partner share of 5.86 percent.
  5. Sri Lanka imports from China worth US$ 453 million, with a partner share of 5.77 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2004

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 448,484.72 (US$ Thousands).
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth 269,684.48 (US$ Thousands).
  3. Sri Lanka exported Brassieres , worth 165,050.27 (US$ Thousands).
  4. Sri Lanka exported Men's or boys' trousers, breeches, etc, of cott , worth 140,933.66 (US$ Thousands).
  5. Sri Lanka exported T-shirts, singlets and other vests, of cotton, , worth 135,540.76 (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 666,470.17 (US$ Thousands).
  2. Sri Lanka imported Petroleum oils, etc, (excl. crude); preparation , worth 398,110.01 (US$ Thousands).
  3. Sri Lanka imported Spelt, common wheat and meslin , worth 175,731.75 (US$ Thousands).
  4. Sri Lanka imported Diamonds non-industrial unworked or simply sawn , worth 169,770.44 (US$ Thousands).
  5. Sri Lanka imported Gold in unwrought forms non-monetary , worth 137,586.13 (US$ Thousands).

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Sri Lanka in 2004 are below

  • The maximum rate of tariff in percentage on any product was 510.33 percent.
  • The simple average tariff across all products was 10.55 percent.
  • The trade weighted average tariff was 6.72 .
  • The total duty free imports in thousands of US dollars were 2,844,982.21 and duty free tariff line items share was 11.59 percent.

Development Indicators 2004

Key Development Indicators of Sri Lanka in 2004 are below

  • Sri Lanka GDP in current US dollar was 20,663 million.
  • GNI per capita, Atlas method (current US$) was 1,060.00 .
  • Sri Lanka Trade balance: as % of GDP was -8.82.
  • Trade balance in current US$ was -1,823.00 million.
  • Trade as percentage of GDP was 79.48 .
  • Trade in services as percentage of GDP was 16.62 .

Trade Indicators 2004

Trade Indicators for Sri Lanka in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 4.44.
  • World Growth in percentage was 10.40 and Sri Lanka Country Growth was 9.02 .