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Sri Lanka Trade Summary

2008

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 2008

Overall Exports and Imports for Sri Lanka 2008

Exports and imports of Sri Lanka in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 8,177 million.
  • The total value of imports (CIF) was 13,629 million.
  • At the HS6 digit level, 2,630 products were exported to 190 countries and 4,110 products were imported from 148 countries.

Sri Lanka top 5 Export and Import partners 2008

Top five countries to which Sri Lanka exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 1,886 million, with a partner share of 23.07 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 1,090 million, with a partner share of 13.33 percent.
  3. Sri Lanka exports to Italy worth US$ 445 million, with a partner share of 5.44 percent.
  4. Sri Lanka exports to India worth US$ 418 million, with a partner share of 5.11 percent.
  5. Sri Lanka exports to Belgium worth US$ 410 million, with a partner share of 5.01 percent.

Top five countries from which Sri Lanka imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 2,836 million, with a partner share of 20.81 percent.
  2. Sri Lanka imports from Singapore worth US$ 1,599 million, with a partner share of 11.73 percent.
  3. Sri Lanka imports from Iran, Islamic Rep. worth US$ 1,197 million, with a partner share of 8.78 percent.
  4. Sri Lanka imports from China worth US$ 1,108 million, with a partner share of 8.13 percent.
  5. Sri Lanka imports from Hong Kong, China worth US$ 694 million, with a partner share of 5.09 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2008

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 732,666.84 (US$ Thousands).
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth 495,678.46 (US$ Thousands).
  3. Sri Lanka exported Diamonds non-industrial nes excluding mounted o , worth 292,063.11 (US$ Thousands).
  4. Sri Lanka exported T-shirts, singlets and other vests, of cotton, , worth 276,935.33 (US$ Thousands).
  5. Sri Lanka exported Brassieres , worth 271,108.30 (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, etc, (excl. crude); preparation , worth 1,631,297.04 (US$ Thousands).
  2. Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth 1,318,010.56 (US$ Thousands).
  3. Sri Lanka imported Spelt, common wheat and meslin , worth 391,159.15 (US$ Thousands).
  4. Sri Lanka imported Diamonds non-industrial unworked or simply sawn , worth 289,723.80 (US$ Thousands).
  5. Sri Lanka imported Urea , worth 289,655.51 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Sri Lanka in 2008 are below

  • The maximum rate of tariff in percentage on any product was 514.61 percent.
  • The simple average tariff across all products was 10.95 percent.
  • The trade weighted average tariff was 7.12 .
  • The total duty free imports in thousands of US dollars were 4,284,687.82 and duty free tariff line items share was 12.55 percent.

Development Indicators 2008

Key Development Indicators of Sri Lanka in 2008 are below

  • Sri Lanka GDP in current US dollar was 40,714 million.
  • GNI per capita, Atlas method (current US$) was 1,760.00 .
  • Sri Lanka Trade balance: as % of GDP was -13.69.
  • Trade balance in current US$ was -5,572.00 million.
  • Trade as percentage of GDP was 63.37 .
  • Trade in services as percentage of GDP was 12.31 .

Trade Indicators 2008

Trade Indicators for Sri Lanka in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 5.30.
  • World Growth in percentage was -59.29 and Sri Lanka Country Growth was 5.23 .