Labor Force Environment Crime Immigration Other Trade Balance Trade to GDP Ratio Exports Imports Foreign Direct Investment Tariff Rates Tourism Statistics Imports of goods and services represent the value of all goods and other market services received from the rest of the world.
2.1 New provisions announced in the year 2022 2.2 Improving the Imports and Exports policy of Sri Lanka 2.3 Issuance of Imports Exports Licenses 2.4 Data review of licenses issued in the last 5 years 2.5 Payment terms and orders of Imports and Exports 2.6 Inquiry Point 35 Chapter 3 - Overall Finacial Performance of the Year 36
Terms of Trade: Terms of trade, i.e., the ratio of the price of exports to the price of imports, deteriorated by 9.0 per cent in August 2022, compared to August 2021, as the increase in import prices surpassed the increase in export prices. Figure 1: Major Contributory Factors for the Y-o-Y decline in the Trade Deficit
Sri Lanka's economy has been hit hard by multiple crises, leading to a debt default and severe economic shock in 2022. This resulted in a deep recession in 2022 (-7.8 per cent GDP growth rate) and while some signs of stabilization are evident later in 2023, the crisis continues to hit the economy hard, especially MSMEs.
Merchandise Trade summary statistics data for Sri Lanka (LKA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year
Imports/Exports Statistics for Year, Month and HS Code Import/Export Import Export Month ALL JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER
Top Export (2021) Tea $1.34B. Top Destination (2021) United States $3.21B. In 2021, Sri Lanka exported a total of $14.1B, making it the number 83 exporter in the world. During the last five reported years the exports of Sri Lanka have changed by $2.88B from $11.2B in 2016 to $14.1B in 2021.
1. Macro-Economic Overview in Sri Lanka (2000-2022) 1.1 Performance of International Trade Figure1.1: Performance of International Trade Source: Central Bank of Sri Lanka, Different Years Figure 1.1 represents the exports and import performance in Sri Lanka during the last two decades.
The data reached an all-time high of 2.2 USD bn in Dec 2021 and a record low of 91.0 USD mn in Feb 1983. Further information about Sri Lanka Total Imports. In the latest reports, Sri Lanka Total Imports grew 5.1 % YoY in Sep 2023. Total Exports dropped 10.0 % YoY, to 971.7 USD mn in Sep 2023.
The Industrial and Construction Statistics Division of the Department of Census and Statistics compiles the following information annually based on the data of Sri Lanka Customs and Central bank of Sri Lanka. Total imports by value, country of origin and major groups such as Consumer Goods, Intermediate Goods and Investment Goods.
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