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Sri Lanka Trade Summary

2007

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 2007

Overall Exports and Imports for Sri Lanka 2007

Exports and imports of Sri Lanka in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,661 million.
  • The total value of imports (CIF) was 11,386 million.
  • At the HS6 digit level, 2,861 products were exported to 183 countries and 4,287 products were imported from 146 countries.

Sri Lanka top 5 Export and Import partners 2007

Top five countries to which Sri Lanka exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 1,978 million, with a partner share of 25.82 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 1,017 million, with a partner share of 13.28 percent.
  3. Sri Lanka exports to India worth US$ 516 million, with a partner share of 6.73 percent.
  4. Sri Lanka exports to Germany worth US$ 438 million, with a partner share of 5.72 percent.
  5. Sri Lanka exports to Belgium worth US$ 407 million, with a partner share of 5.31 percent.

Top five countries from which Sri Lanka imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 2,781 million, with a partner share of 24.43 percent.
  2. Sri Lanka imports from Singapore worth US$ 1,107 million, with a partner share of 9.72 percent.
  3. Sri Lanka imports from China worth US$ 929 million, with a partner share of 8.16 percent.
  4. Sri Lanka imports from Iran, Islamic Rep. worth US$ 750 million, with a partner share of 6.59 percent.
  5. Sri Lanka imports from Hong Kong, China worth US$ 724 million, with a partner share of 6.36 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2007

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$ 615,020.03 million.
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth US$ 379,504.65 million.
  3. Sri Lanka exported T-shirts, singlets and other vests, of cotton, , worth US$ 271,114.00 million.
  4. Sri Lanka exported Women's or girls' trousers, breeches, etc, of c , worth US$ 250,325.80 million.
  5. Sri Lanka exported Brassieres , worth US$ 227,002.31 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, etc, (excl. crude); preparation , worth US$ 1,512,348.12 million.
  2. Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth US$ 1,035,893.76 million.
  3. Sri Lanka imported Spelt, common wheat and meslin , worth US$ 205,527.81 million.
  4. Sri Lanka imported Diamonds non-industrial unworked or simply sawn , worth US$ 186,183.19 million.
  5. Sri Lanka imported Weft knits or crocheted fabrics of cotton , worth US$ 172,913.04 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Sri Lanka in 2007 are below

  • The maximum rate of tariff in percentage on any product was 579.65 percent.
  • The simple average tariff across all products was 11.08 percent.
  • The trade weighted average tariff was 7.19 .
  • The total duty free imports in thousands of US dollars were 4,295,844.81 and duty free tariff line items share was 12.75 percent.

Development Indicators 2007

Key Development Indicators of Sri Lanka in 2007 are below

  • Sri Lanka GDP in current US dollar was 32,350 million.
  • GNI per capita, Atlas method (current US$) was 1,530.00 .
  • Sri Lanka Trade balance: as % of GDP was -10.38.
  • Trade balance in current US$ was -3,357.00 million.
  • Trade as percentage of GDP was 68.61 .
  • Trade in services as percentage of GDP was 13.53 .

Trade Indicators 2007

Trade Indicators for Sri Lanka in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 5.07.
  • World Growth in percentage was 7.58 and Sri Lanka Country Growth was 4.95 .