Sri Lanka Balance of Trade

Last Release

Jun 30, 2025

Actual

-540

Units In

USD Million

-472.5

Frequency

Monthly

Next Release

Aug 29, 2025

Time to Release

27 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
541.1 Jan 2024	-1,100.65 Nov 2011	-496.29 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 540.3 million in June 2025 from USD 369.6 million a year earlier, as imports jumped 16.3% to USD 1.68 billion. The surge was mainly driven by a sharp increase in consumer goods, particularly personal vehicles (+2103.9%), telecom devices (+159.1%), household and furniture items (+106.2%), and food and beverages (+212.4%). Vehicle imports alone totaled USD 163 million in June, pushing total vehicle imports for the first half of 2025 to USD 475 million. Exports rose at a slower pace, up 6% to USD 1.14 billion, led by higher shipments of industrial (+6.4%) and agricultural (+5.5%) goods, while mineral exports declined by 29%.