Sri Lanka Balance of Trade

Last Release

Mar 31, 2025

Actual

-395.6

Units In

USD Million

-411.3

Frequency

Monthly

Next Release

May 30, 2025

Time to Release

28 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
541.1 Jan 2024	-1,100.65 Nov 2011	-495.42 USD Million	2002-2025	Central Bank of Sri Lanka

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.

Latest Updates

Sri Lanka's trade deficit widened to USD 395.6 million in March 2025, compared to USD 359.2 deficit million in the same month of last year. Exports rose 8.1% YoY to USD 1,241.7 million, driven by increases in agricultural products (17.3%), particularly for tea, coconut, and spices; and industrial goods (6%), reflecting sharp increase in food, beverages, tobacco and textiles & garments. Meanwhile, imports grew 8.6% YoY to USD 1,637.3 million, driven by higher spending on consumer goods (35.1%) and investment goods (39.4%). However, this was partially offset by a decline in intermediate goods (-5.4%).