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Sri Lanka Trade

Latest trade data available from various sources.
Sri Lanka monthly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Sri Lanka

Overall Exports and Imports for Sri Lanka 2023

  • The total value of exports (FOB) is US$ 12,052 million.
  • The total value of imports (CIF) is US$ 16,386 million.
  • At the HS6 digit level, 2,916 products are exported to 201 countries and 4,101 products are imported from 189 countries.

Top 5 Products exports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Sri Lanka along with trade value are:

  • Sri Lanka exported Black tea (fermented) and partly fermented tea, , worth 619,284.29 (US$ Thousands).
  • Sri Lanka exported Black tea (fermented) and partly fermented tea , worth 614,793.47 (US$ Thousands).
  • Sri Lanka exported Brassieres , worth 552,191.16 (US$ Thousands).
  • Sri Lanka exported Solid... tyres, interchangeable tyre treads and , worth 436,067.59 (US$ Thousands).
  • Sri Lanka exported Petroleum oils, etc, (excl. crude); preparation , worth 380,231.77 (US$ Thousands).

The top five imported HS 6 digit level products from world by Sri Lanka along with trade value are

  • Sri Lanka imported Petroleum oils, etc, (excl. crude); preparation , worth 2,349,473.69 (US$ Thousands).
  • Sri Lanka imported Petroleum oils and oils obtained from bituminou , worth 921,231.69 (US$ Thousands).
  • Sri Lanka imported Other medicaments of mixed or unmixed products, , worth 476,612.02 (US$ Thousands).
  • Sri Lanka imported Cane or beet sugar, in solid form, nes , worth 424,637.67 (US$ Thousands).
  • Sri Lanka imported Knitted or crocheted fabrics, >30cm wide, >=5% , worth 307,470.88 (US$ Thousands).

Sri Lanka top 5 Export and Import partners 2023

The top five countries to which Sri Lanka exported 2023 along with the partner share in percentage are:

  1. Sri Lanka exports to United States worth US$ 2,791 million, with a partner share of 23.16 percent.
  2. Sri Lanka exports to United Kingdom worth US$ 861 million, with a partner share of 7.14 percent.
  3. Sri Lanka exports to India worth US$ 861 million, with a partner share of 7.14 percent.
  4. Sri Lanka exports to Italy worth US$ 684 million, with a partner share of 5.68 percent.
  5. Sri Lanka exports to Germany worth US$ 604 million, with a partner share of 5.01 percent.

The top five countries to which Sri Lanka imported goods 2023 along with the share in percentage are

  1. Sri Lanka imports from India worth US$ 3,192 million, with a partner share of 19.48 percent.
  2. Sri Lanka imports from China worth US$ 3,103 million, with a partner share of 18.94 percent.
  3. Sri Lanka imports from United Arab Emirates worth US$ 1,559 million, with a partner share of 9.51 percent.
  4. Sri Lanka imports from Singapore worth US$ 873 million, with a partner share of 5.33 percent.
  5. Sri Lanka imports from Malaysia worth US$ 741 million, with a partner share of 4.52 percent.

Sri Lanka Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Sri Lanka in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 303.66.
  • The simple average tariff across all products is 7.94.
  • The trade weighted average tariff is 5.40.
  • The total duty free imports in thousands of US dollars are 7,244,167.46 and duty free tariff line items share is 43.05.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.07.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.08.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 38.
  • No Of NTM Affected Products (HS 6 Digit) is 5,052.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Sri Lanka World Development Indicators (WDI) 2023

Key Development Indicators of Sri Lanka in 2023 are below

WDI

Sri Lanka Doing Business 2019

  • The ease of doing business rank for Sri Lanka is 99.
  • The trade across border rank is 96.
Doing Business

Sri Lanka Country Policy and Institutional Assessment (CPIA), 2015

  • The CPIA Trade Ratings for 2015 is 3.50.
CPIA

Sri LankaLogistics Performance Index (LPI)

  • The LPI score for Sri Lanka in is not available.
  • The LPI rank is not available.
LPI

Sri Lanka Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Sri Lanka is 38.20.
SPRD