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Sri Lanka Trade Summary

2015

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 2015

Overall Exports and Imports for Sri Lanka 2015

Exports and imports of Sri Lanka in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,440 million.
  • The total value of imports (CIF) was 18,967 million.
  • At the HS6 digit level, 2,976 products were exported to 199 countries and 4,187 products were imported from 183 countries.

Sri Lanka top 5 Export and Import partners 2015

Top five countries to which Sri Lanka exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Sri Lanka exports to United States worth US$ 2,801 million, with a partner share of 26.83 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 1,028 million, with a partner share of 9.85 percent.
  3. Sri Lanka exports to India worth US$ 710 million, with a partner share of 6.80 percent.
  4. Sri Lanka exports to Germany worth US$ 478 million, with a partner share of 4.58 percent.
  5. Sri Lanka exports to Italy worth US$ 434 million, with a partner share of 4.16 percent.

Top five countries from which Sri Lanka imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Sri Lanka imports from India worth US$ 4,268 million, with a partner share of 22.50 percent.
  2. Sri Lanka imports from China worth US$ 3,727 million, with a partner share of 19.65 percent.
  3. Sri Lanka imports from Japan worth US$ 1,388 million, with a partner share of 7.32 percent.
  4. Sri Lanka imports from United Arab Emirates worth US$ 1,073 million, with a partner share of 5.66 percent.
  5. Sri Lanka imports from Singapore worth US$ 923 million, with a partner share of 4.87 percent.

Sri Lanka Top 5 Productsexports imports at HS 6 digit level 2015

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$ 713,593.01 million.
  2. Sri Lanka exported Black tea (fermented) and partly fermented tea , worth US$ 563,409.90 million.
  3. Sri Lanka exported Brassieres , worth US$ 549,284.98 million.
  4. Sri Lanka exported T-shirts, singlets, etc, of other textiles, nes , worth US$ 303,635.03 million.
  5. Sri Lanka exported Solid... tyres, interchangeable tyre treads and , worth US$ 301,529.81 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$ 1,509,287.91 million.
  2. Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth US$ 754,442.13 million.
  3. Sri Lanka imported Automobiles with reciprocating piston engine di , worth US$ 466,637.58 million.
  4. Sri Lanka imported Automobiles with reciprocating piston engine di , worth US$ 396,567.80 million.
  5. Sri Lanka imported Other medicaments of mixed or unmixed products, , worth US$ 340,907.43 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Sri Lanka in 2015 are below

  • The maximum rate of tariff in percentage on any product was 125 percent.
  • The simple average tariff across all products was 7.87 percent.
  • The trade weighted average tariff was 4.43 .
  • The total duty free imports in thousands of US dollars were 10,127,318.74 and duty free tariff line items share was 50.75 percent.

Development Indicators 2015

Key Development Indicators of Sri Lanka in 2015 are below

  • Sri Lanka GDP in current US dollar was 80,604 million.
  • GNI per capita, Atlas method (current US$) was 3,760.00 .
  • Sri Lanka Trade balance: as % of GDP was -7.53.
  • Trade balance in current US$ was -6,072.00 million.
  • Trade as percentage of GDP was 49.56 .
  • Trade in services as percentage of GDP was 12.99 .

Trade Indicators 2015

Trade Indicators for Sri Lanka in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 5.75.
  • World Growth in percentage was -6.61 and Sri Lanka Country Growth was -0.87 .