Sri Lanka Balance of Trade

Last Release

Apr 30, 2025

Actual

-717.5

Units In

USD Million

-395.6

Frequency

Monthly

Next Release

Jun 27, 2025

Time to Release

26 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
541.1 Jan 2024	-1,100.65 Nov 2011	-496.22 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 717.5 million in April 2025 from USD 557.7 million in the same month a year earlier. Imports surged by 17.5% year-on-year to USD 1,685.9 million, primarily driven by a sharp increase in consumer goods (+60.2%)—notably a dramatic 3,300% rise in personal vehicle imports—and investment goods (+50.1%). Meanwhile, exports rose by 10.4% to USD 968.4 million, supported by higher shipments in agricultural products (+14.9%) and industrial goods (+9.2%), particularly in transport equipment and chemical products.