Sri Lanka Balance of Trade  2003-2016 | Data | Chart | Calendar | Forecast

Sri Lanka's trade deficit increased to $620.7 million in March of 2016 compared to $517 million a year ago. Exports shrank 11.2 percent, hit by lower transport equipment shipments (-76.6 percent) and spices (-37.7 percent) while textiles and garments sales rose 3.2 percent. Imports declined for the 9th consecutive month by 0.9 percent, dragged down by transport equipment (-61.6 percent); personal motor vehicles (-39.4 percent); wheat and maize (-97.6 percent); while machinery and equipment jumped 43.2 percent and building materials advanced 47.4 percent. The leading markets for exports during the first three months of 2016 were the USA, UK, India, Germany and Italy, and the main import origins were China, India, Japan, Singapore and UAE. Balance of Trade in Sri Lanka averaged -458.68 USD Million from 2003 until 2016, reaching an all time high of -50.10 USD Million in May of 2003 and a record low of -1100.70 USD Million in November of 2011. Balance of Trade in Sri Lanka is reported by the Central Bank of Sri Lanka.

Sri Lanka Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-620.70 -551.70 -50.10 -1100.70 2003 - 2016 USD Million Monthly
Sri Lanka exports mostly textiles and garments (40% of total exports) and tea (17%). Others include: spices, gems, coconut products, rubber and fish. Main export partners are United States, United Kingdom, Germany, Belgium and Italy. Sri Lanka imports petroleum, textile fabrics, foodstuffes and machinery and transportation equipment. Main import partners are India, China, Iran and Singapore. This page provides the latest reported value for - Sri Lanka Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-12 08:40 AM Jan $-695M $ -827M $ -759.5M
2016-06-07 01:50 PM Feb $-551.7M $-695M $-620.6M
2016-07-01 12:10 PM Mar $-620.7M $-551.7M $-568.3M
2016-08-01 12:00 PM Jun $-620.7M $ -636.3M

Sri Lanka Trade Last Previous Highest Lowest Unit
Balance of Trade -620.70 -551.70 -50.10 -1100.70 USD Million [+]
Exports 945.40 887.70 1070.10 304.80 USD Million [+]
Imports 1566.00 1439.30 1986.40 408.00 USD Million [+]
Current Account -102122.00 -45636.00 30854.90 -189897.00 LKR Million [+]
Current Account to GDP -2.40 -2.50 -0.40 -19.30 percent [+]
External Debt 3505100.00 3544000.00 3544000.00 70173.30 LKR Million [+]
Terms of Trade 89.21 121.81 161.24 74.50 Index Points [+]
Tourist Arrivals 118038.00 125044.00 206114.00 5536.00 [+]
Gold Reserves 22.15 22.00 23.10 3.63 Tonnes [+]
Foreign Direct Investment 153.00 134.00 386.00 20.00 USD Million [+]
Remittances 578.00 697.10 708.84 241.34 USD Million [+]
Terrorism Index 4.08 4.07 7.13 4.07 [+]
Tourism Revenues 226.02 319.62 341.62 19.31 USD Million [+]




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Argentina 126.00 Jun/16
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Australia -2218.00 May/16
Austria 239.00 Apr/16
Azerbaijan 621706.00 Mar/16
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Bahrain 1513.00 Dec/15
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Belgium 2040.60 May/16
Belize -131.30 Apr/16
Benin -164.32 Mar/16
Bhutan -26021.60 Dec/15
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Bosnia and Herzegovina -539891.56 May/16
Botswana 3307.90 Apr/16
Brazil 3973.00 Jun/16
Brunei 190.90 May/16
Bulgaria -312.60 May/16
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Cambodia -109.60 Feb/16
Cameroon -1054.40 Dec/13
Canada -3276.80 May/16
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Cayman Islands -746.00 Dec/15
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Chad 1166.10 Dec/11
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China 481.08 Jun/16
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Cuba -9578.00 Dec/15
Cyprus -876144.00 May/16
Czech Republic 41538.00 May/16
Denmark 5481.90 May/16
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Ecuador 305020.00 May/16
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Germany 21033.00 May/16
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Hungary 238000.00 May/16
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India -8116.20 Jun/16
Indonesia 900.20 Jun/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 3961700.00 May/16
Israel -1459.60 Jun/16
Italy 5033.00 May/16
Ivory Coast 890.60 Dec/14
Jamaica -761100.00 Dec/15
Japan 692.84 Jun/16
Jordan -762247.00 Apr/16
Kazakhstan 681.90 May/16
Kenya -66307.00 May/16
Kosovo -211003.00 May/16
Kuwait 402.00 Mar/16
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -160.50 May/16
Lebanon -1373.07 Apr/16
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Liberia -79.80 Apr/16
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Liechtenstein 371580.00 Mar/16
Lithuania -272.50 May/16
Luxembourg -0.39 May/16
Macau -4571042.93 May/16
Macedonia -209476.00 May/16
Madagascar 101517.00 Mar/16
Malawi -31524.80 Sep/15
Malaysia 3300.00 May/16
Maldives -165.70 Apr/16
Mali -100.60 Mar/15
Malta -256269.00 May/16
Mauritania -24.89 Dec/15
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Mexico -523.64 Jun/16
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Mongolia 118.00 May/16
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Myanmar -639.40 Dec/15
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Netherlands 4339.00 May/16
New Caledonia -11870.00 Mar/16
New Zealand 127.00 Jun/16
Nicaragua -195.00 Apr/16
Niger -441985.00 Sep/15
Nigeria -171309.90 Mar/16
North Korea -476.67 Dec/15
Norway 6971.00 Jun/16
Oman -45.20 Dec/15
Pakistan -294469.00 Jun/16
Palestine -326.70 Mar/16
Panama -971892.17 May/16
Papua New Guinea 3957.00 Dec/15
Paraguay 54678.00 May/16
Peru 65.00 May/16
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Poland 127.00 May/16
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Puerto Rico 2091.50 Apr/16
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Republic of the Congo 4092.35 Dec/10
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Russia 7530.00 May/16
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Saudi Arabia 22467.00 Dec/15
Senegal -107.41 May/16
Serbia -464.50 Jun/16
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Singapore 5194.70 Jun/16
Slovakia 427.30 May/16
Slovenia 73.02 May/16
Somalia -1473.48 Dec/15
South Africa 12530.50 Jun/16
South Korea 11600.00 Jun/16
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Spain -940900.00 May/16
Sri Lanka -620.70 Mar/16
Sudan -489010.00 Mar/16
Suriname -23.00 Mar/16
Swaziland 1217.38 Dec/15
Sweden 1800.00 Jun/16
Switzerland 3546.46 Jun/16
Syria 9394.50 Dec/10
Taiwan 3580.00 Jun/16
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Tanzania -223.30 Apr/16
Thailand 1970.00 Jun/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -898.60 Jun/16
Turkey -5054.00 May/16
Turkmenistan 2431.94 Dec/14
Uganda -161.60 May/16
Ukraine 186.70 May/16
United Arab Emirates 328300.00 Dec/15
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Uruguay 96682.00 May/16
Uzbekistan 455.00 Dec/15
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Vietnam -100.00 Jul/16
Yemen -2914.30 Dec/13
Zambia -751.30 Apr/16
Zimbabwe -322.86 Mar/16