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Sri Lanka Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Sri Lanka

Sri Lanka

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

80 700 3 862 -1.4 935 24.2

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

86 62 84 58

Imports

80 56 81 56

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 10 047 16 055 2020 0.06

Share in world total exports (%)

2010-2020 2 2

2019 0 -10

2020 -16 -19 2020 0.09

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 25.9

Fuels and mining products: 3.5

Agricultural products: 13.2

Fuels and mining products: 18.6

Manufactures: 69.2

Other: 1.4

Manufactures: 65.8

Other: 2.3

By main destination, % (2020)

By main origin, % (2020)

United States of America: 24.8 United Kingdom: 8.9 China: 2.4

European Union: 22.9 India: 6.1 Other: 34.9

China: 22.9 European Union: 8.2 Malaysia: 4.1

India: 19.3 United Arab Emirates: 5.7 Other: 39.8

Agricultural Products Value

Top exported products (Million US$) HS0902 HS0906 HS2008 HS0801 HS2309

2020 . 1 330 216 177 92 85

Tea Cinnamon and cinnamon-tree flowers Plants' parts otherwise preserved Coconuts, Brazil nuts, cashew nuts Preparations of a kind used in animal feeding

Value

Top imported products (Million US$) HS1001 HS0402 HS1701 HS0713 HS0703

2020

Wheat and meslin Milk and cream, concentrated Cane or beet sugar Dried leguminous vegetables Onions, shallots, garlic, leeks

366 316 265 159 149

Share in economy's trade in agricultural products Exports 0%

20%

40%

Imports 60%

0%

HS0902

HS1001

HS0906

HS0402

HS2008

HS1701

HS0801

HS0713

HS2309

HS0703

10%

20%

Million US$ Exports Imports

Value

2020 2 704 2 321

Annual percentage change

2010-2020 3 3

2019 na na

2020 5 10

Non-Agricultural Products Value

Top exported products (Million US$) HS6212 HS6108 HS6204 HS6104 HS6109

Brassières, girdles, corsets Women's or girls' slips, petticoats Women's or girls' suits Women's or girls' suits, ensembles T-shirts, singlets and other vests

2020

Top imported products (Million US$)

501 496 434 430 404

HS2710 HS3004 HS2709 HS8525 HS6006

Value 2020

Petroleum oils, other than crude Medicaments in measured doses Petroleum oils, crude Radio-telephony transmission tools Other knitted or crocheted fabrics

1 166 419 405 394 392

Share in economy's trade in non-agricultural products Exports 0%

338

5%

Imports 10%

0%

HS6212

HS2710

HS6108

HS3004

HS6204

HS2709

HS6104

HS8525

HS6109

HS6006

5%

10%

Million US$ Exports Imports

Value

2020 8 003 13 286

Annual percentage change

2010-2020 3 2

2019 na na

2020 -15 -23

World Trade Organization – Trade Profiles 2021


Sri Lanka TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

3 009 3 914 2020 0.06

Share in world total exports (%) Breakdown in economy's total exports

2 -1

2019

2020

-11 -3

-60 -40 2020 0.09

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 39 Other commercial services: 38.3

Travel: 22.7 Goods-related services: 0

Transport: 68.1 Other commercial services: 20.4

By main destination

Travel: 11.5 Goods-related services: 0

By main origin

Value

FATS sales Inward (million US$) Outward (million US$)

Annual percentage change

2020 na na

2010-2020 na na

2019 na na

2020 na na

Transport Sri Lanka

300

World

200 100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 1 174 2 667

Exports By sea (2020) By air (2020) By other

Value 702 472 na

2010-2020 0 -2

Share (%)

Annual percentage change 2019 -6 -6

Imports By sea (2020) By air (2020) By other

59.8 40.2 na

2020 -50 -24

Value

Share (%)

1 599 1 068 na

59.9 40.1 na

Travel Sri Lanka

800 700 600 500 400 300 200 100 0

World

Value

Million US$ Exports Imports

2010

2013

2016

2020 682 449

2010-2020 2 0

Annual percentage change 2019 -18 -1

2020 -81 -73

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2020) 8.3

3.4

2.0

2020

2010-2020

Other commercial services Exports 1 153 Imports 798

ICTs Financial services

86.3

Value

Insurance & pension Other

5 1

2020

Goods-related services Exports Imports

Annual percentage change

2010-2020

na na

na na

2019

2020

2 3

-24 -43

2019

2020

na na

na na

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

356

Non-residents

255

Trademark applications, 2019 Total

611

World Trade Organization – Trade Profiles 2021

Residents

6 676

Non-residents

3 709

Industrial design applications, 2019 Total

10 385

Residents

480

Non-residents

66

Total

546

339


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