Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Sri Lanka | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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2011
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2023
TOTAL. ALL COMMODITIESSri LankaWorldExportsValue (US$)10,011,281,529.009,369,784,036.0010,004,878,922.0011,295,485,897.0010,439,729,662.0010,545,893,296.0011,741,036,786.0811,974,156,365.9410,706,858,044.3213,331,248,583.3213,592,124,433.4812,052,497,548.94
Value Growth, YoY (%)20.55-6.406.7712.89-7.571.0111.33-10.5824.511.95-11.32
ImportsValue (US$)19,696,479,835.0017,884,922,005.0017,930,809,142.0019,244,461,188.0018,967,230,642.0019,500,757,049.0021,316,199,950.2719,474,314,226.0015,607,090,046.6021,501,894,170.1617,559,536,533.4616,386,223,816.91
Value Growth, YoY (%)59.43-9.190.257.32-1.442.819.30-19.8537.77-18.33-6.68

The value of merchandise exports from Sri Lanka totalled $ 12 billion in 2023. Overall commodity exports from Sri Lanka decreased by 11.3% compared to 2022. Merchandise exports decreased by $ 1.53 billion (the value of merchandise exports from Sri Lanka amounted to $13.5 billion in 2022)

Sri Lanka's exports 2023 by country

Top export destinations of commodities from Sri Lanka in 2023:

  • USA with a share of 23% (2.79 billion US$)
  • United Kingdom with a share of 7.14% (861 million US$)
  • India with a share of 7.14% (860 million US$)
  • Italy with a share of 5.67% (684 million US$)
  • Germany with a share of 5.01% (603 million US$)
  • United Arab Emirates with a share of 3.23% (390 million US$)
  • Netherlands with a share of 2.88% (348 million US$)
  • France with a share of 2.58% (311 million US$)
  • Canada with a share of 2.45% (296 million US$)
  • China with a share of 2.22% (268 million US$)

Exports structure from Sri Lanka in 2023 represented by the following main commodity groups:

  • 22% (2.72 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 14.5% (1.75 billion US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted
  • 13.8% (1.66 billion US$): 09 - Coffee, tea, matT and spices
  • 7.8% (941 million US$): 40 - Rubber and articles thereof
  • 3.56% (429 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.17% (382 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.15% (380 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 2.43% (293 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.41% (291 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 1.69% (204 million US$): 20 - Preparations of vegetables, fruit, nuts or other parts of plants

What did Sri Lanka export in 2023?

Sri Lanka's Top Exports in 2023:

  • 10.7% ($1.28 billion): 0902 - Tea, whether or not flavoured
  • 4.63% ($558 million): 6212 - BrassiFres, girdles, corsets, braces, suspenders, garters and similar articles and parts thereof, whether or not knitted or crocheted
  • 4.49% ($542 million): 6108 - Women's or girls' slips, petticoats, briefs, panties, nightdresses, pyjamas, nTgligTs, bathrobes, dressing gowns and similar articles, knitted or crocheted.
  • 4.21% ($507 million): 6109 - T-shirts, singlets and other vests, knitted or crocheted.
  • 3.61% ($436 million): 4012 - Retreaded or used pneumatic tyres of rubber; solid or cushion tyres, tyre treads and tyre flaps, of rubber
  • 3.47% ($419 million): 6204 - Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear)
  • 3.15% ($380 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.91% ($351 million): 6116 - Gloves, mittens and mitts, knitted or crocheted
  • 2.85% ($343 million): 6203 - Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear).
  • 2.7% ($326 million): 6104 - Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear), knitted or crocheted.

The value of merchandise imports to Sri Lanka totalled $ 16.3 billion in 2023. Overall commodity imports to Sri Lanka decreased by 6.68% compared to 2022. Merchandise imports decreased by $ 1.17 billion (the value of merchandise imports to Sri Lanka was equal to $17.5 billion in 2022)

Sri Lanka's imports 2023 by country

Top trading partners (import sources) of Sri Lanka in 2023:

  • India with a share of 19.4% (3.19 billion US$)
  • China with a share of 18.9% (3.1 billion US$)
  • United Arab Emirates with a share of 9.51% (1.55 billion US$)
  • Singapore with a share of 5.32% (873 million US$)
  • Malaysia with a share of 4.52% (741 million US$)
  • USA with a share of 3.13% (513 million US$)
  • Russia with a share of 2.41% (395 million US$)
  • Indonesia with a share of 2.27% (373 million US$)
  • Oman with a share of 2.16% (355 million US$)
  • Pakistan with a share of 1.98% (325 million US$)

Imports structure to Sri Lanka in 2023 represented by the following main commodity groups:

  • 24% (4.07 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 6.35% (1.04 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.76% (943 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.79% (785 million US$): 60 - Knitted or crocheted fabrics
  • 3.43% (562 million US$): 30 - Pharmaceutical products
  • 3.32% (545 million US$): 39 - Plastics and articles thereof
  • 3.2% (525 million US$): 52 - Cotton
  • 2.82% (462 million US$): 72 - Iron and steel
  • 2.67% (438 million US$): 17 - Sugars and sugar confectionery
  • 2.5% (410 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard

What did Sri Lanka import in 2023?

Sri Lanka's Top Imports in 2023:

  • 14.3% ($2.34 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 5.62% ($921 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.11% ($510 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 2.93% ($480 million): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 2.64% ($433 million): 6006 - Other knitted or crocheted fabrics
  • 2.59% ($424 million): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
  • 1.87% ($307 million): 6004 - Knitted or crocheted fabrics of a width exceeding 30 cm, containing by weight 5 % or more of elastomeric yarn or rubber thread, other than those of heading 60.01
  • 1.76% ($288 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.67% ($274 million): 1001 - Wheat and meslin.
  • 1.57% ($258 million): 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter.

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Sri Lanka | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023