Sri Lanka recorded a trade deficit of 903.40 USD Million in October of 2018. Balance of Trade in Sri Lanka averaged -519.10 USD Million from 2003 until 2018, 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 expected to be -920.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sri Lanka to stand at -680.00 in 12 months time. In the long-term, the Sri Lanka Balance of Trade is projected to trend around -820.00 USD Million in 2020, according to our econometric models.

Sri Lanka Balance of Trade
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-01 10:25 AM Balance of Trade $-681M $-795M $ -870M
2018-11-09 10:30 AM Balance of Trade $-850M $-681M $ -720M
2018-11-29 09:30 AM Balance of Trade $-713M $-850M $ -760M
2018-12-26 10:00 AM Balance of Trade $-903M $-713M $ -785M
2019-01-29 11:00 AM Balance of Trade $-903M
2019-02-09 11:20 AM Balance of Trade $ -740M
2019-03-14 10:00 AM Balance of Trade


Sri Lanka Trade Last Previous Highest Lowest Unit
Balance of Trade -903.40 -713.20 -50.10 -1100.70 USD Million [+]
Current Account -462.00 -1086.00 255.28 -1695.29 USD Million [+]
Current Account to GDP -2.60 -2.10 -0.40 -19.30 percent [+]
Exports 979.10 1055.20 1108.00 304.80 USD Million [+]
Imports 1882.50 1768.40 2048.00 408.00 USD Million [+]
External Debt 53177.39 53487.28 53487.28 37098.10 USD Million [+]
Terms of Trade 115.52 115.09 161.24 74.50 Index Points [+]
Tourist Arrivals 253169.00 195582.00 253169.00 5536.00 [+]
Gold Reserves 19.90 19.90 23.10 3.63 Tonnes [+]
Terrorism Index 2.91 3.49 7.13 2.91 [+]
Tourism Revenues 371.60 404.00 453.50 19.30 USD Million [+]
Remittances 534.20 619.30 729.35 241.34 USD Million [+]
Foreign Direct Investment 719.00 352.00 964.00 20.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Sri Lanka Balance of Trade

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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-903.40 -713.20 -50.10 -1100.70 2003 - 2018 USD Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -55.29 Dec/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -2568800.00 Nov/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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