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Sri Lanka Trade Summary

2014

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 2014

Overall Exports and Imports for Sri Lanka 2014

Exports and imports of Sri Lanka in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,295 million.
  • The total value of imports (CIF) was 19,244 million.
  • At the HS6 digit level, 3,001 products were exported to 192 countries and 4,165 products were imported from 193 countries.

Sri Lanka top 5 Export and Import partners 2014

Top five countries to which Sri Lanka exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 2,723 million, with a partner share of 24.11 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 1,118 million, with a partner share of 9.90 percent.
  3. Sri Lanka exports to India worth US$ 733 million, with a partner share of 6.49 percent.
  4. Sri Lanka exports to Italy worth US$ 615 million, with a partner share of 5.44 percent.
  5. Sri Lanka exports to Germany worth US$ 504 million, with a partner share of 4.46 percent.

Top five countries from which Sri Lanka imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 3,978 million, with a partner share of 20.67 percent.
  2. Sri Lanka imports from China worth US$ 3,414 million, with a partner share of 17.74 percent.
  3. Sri Lanka imports from United Arab Emirates worth US$ 1,756 million, with a partner share of 9.12 percent.
  4. Sri Lanka imports from Singapore worth US$ 1,270 million, with a partner share of 6.60 percent.
  5. Sri Lanka imports from Japan worth US$ 941 million, with a partner share of 4.89 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2014

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 805,968.93 (US$ Thousands).
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth 748,673.90 (US$ Thousands).
  3. Sri Lanka exported Brassieres , worth 520,299.08 (US$ Thousands).
  4. Sri Lanka exported Solid... tyres, interchangeable tyre treads and , worth 356,589.90 (US$ Thousands).
  5. Sri Lanka exported T-shirts, singlets, etc, of other textiles, nes , worth 311,181.87 (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 2,592,005.05 (US$ Thousands).
  2. Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth 1,337,736.23 (US$ Thousands).
  3. Sri Lanka imported Automobiles with reciprocating piston engine di , worth 435,241.89 (US$ Thousands).
  4. Sri Lanka imported Spelt, common wheat and meslin , worth 370,911.34 (US$ Thousands).
  5. Sri Lanka imported Portland cement (excl. white) , worth 314,803.99 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Sri Lanka in 2014 are below

  • The maximum rate of tariff in percentage on any product was 1,642.84 percent.
  • The simple average tariff across all products was 9.33 percent.
  • The trade weighted average tariff was 7.09 .
  • The total duty free imports in thousands of US dollars were 10,364,748.61 and duty free tariff line items share was 49.74 percent.

Development Indicators 2014

Key Development Indicators of Sri Lanka in 2014 are below

  • Sri Lanka GDP in current US dollar was 82,529 million.
  • GNI per capita, Atlas method (current US$) was 3,730.00 .
  • Sri Lanka Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 11.31 .

Trade Indicators 2014

Trade Indicators for Sri Lanka in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 5.81.
  • World Growth in percentage was 0.08 and Sri Lanka Country Growth was 4.68 .