Sri Lanka

Compare Sri Lanka →

LK · LKA · BACI 144 · latest data 2024

Exports

$14.3B USD, nominal · 2024

= $14,293 M6.4% over 5 yrs (up)

Imports

$19.2B USD, nominal · 2024

= $19,181 M5.8% over 5 yrs (down)

Trade balancedeficit

−$4.9B USD, nominal · 2024

= −$4,888 M

Total trade

$33.5B USD, nominal · 2024

= $33,474 M1.0% over 5 yrs (down)

World position: #87 of 225 exporters · top half · #85 of 225 importers · top half · 2024
World export share since 1995: −0.0 pp

Trade timeline

Sri Lanka's exports grew from $3.4B in 1995 to $14.3B in 2024; the 2024 balance was −$4.9B.

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Exports, imports, trade balance and total trade of Sri Lanka per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$3,435 M	$4,199 M	−$764 M	$7,634 M
1996	$3,774 M	$4,019 M	−$246 M	$7,793 M
1997	$4,207 M	$4,604 M	−$397 M	$8,811 M
1998	$4,345 M	$4,811 M	−$466 M	$9,156 M
1999	$5,197 M	$6,345 M	−$1,148 M	$11,542 M
2000	$6,123 M	$7,292 M	−$1,169 M	$13,415 M
2001	$5,653 M	$6,031 M	−$378 M	$11,684 M
2002	$5,813 M	$6,595 M	−$782 M	$12,409 M
2003	$5,986 M	$7,326 M	−$1,340 M	$13,312 M
2004	$6,980 M	$8,723 M	−$1,743 M	$15,703 M
2005	$7,459 M	$9,164 M	−$1,706 M	$16,623 M
2006	$8,302 M	$10,880 M	−$2,579 M	$19,182 M
2007	$9,114 M	$12,256 M	−$3,142 M	$21,371 M
2008	$9,991 M	$14,871 M	−$4,880 M	$24,862 M
2009	$8,645 M	$10,292 M	−$1,647 M	$18,936 M
2010	$9,494 M	$13,800 M	−$4,306 M	$23,294 M
2011	$11,557 M	$20,979 M	−$9,422 M	$32,537 M
2012	$10,971 M	$18,907 M	−$7,936 M	$29,878 M
2013	$11,060 M	$19,644 M	−$8,584 M	$30,705 M
2014	$12,268 M	$22,863 M	−$10,595 M	$35,131 M
2015	$11,962 M	$21,957 M	−$9,995 M	$33,918 M
2016	$11,547 M	$20,806 M	−$9,259 M	$32,354 M
2017	$12,687 M	$22,607 M	−$9,920 M	$35,294 M
2018	$12,105 M	$19,915 M	−$7,811 M	$32,020 M
2019	$13,437 M	$20,372 M	−$6,935 M	$33,808 M
2020	$11,832 M	$16,514 M	−$4,683 M	$28,346 M
2021	$14,334 M	$22,123 M	−$7,789 M	$36,457 M
2022	$15,499 M	$18,473 M	−$2,974 M	$33,972 M
2023	$13,766 M	$17,301 M	−$3,535 M	$31,067 M
2024	$14,293 M	$19,181 M	−$4,888 M	$33,474 M

30 rows

World share & rank

World export share moved from 0.1% in 1995 to 0.1% in 2024; export rank #69 → #87.

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World export and import share in percent, and world ranks, of Sri Lanka per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.07%	0.08%	#69	#70
1996	0.07%	0.07%	#71	#72
1997	0.08%	0.08%	#72	#74
1998	0.08%	0.09%	#72	#76
1999	0.09%	0.11%	#70	#63
2000	0.09%	0.11%	#70	#64
2001	0.09%	0.10%	#73	#74
2002	0.09%	0.10%	#74	#76
2003	0.08%	0.10%	#79	#76
2004	0.08%	0.09%	#78	#76
2005	0.07%	0.09%	#77	#82
2006	0.07%	0.09%	#84	#81
2007	0.07%	0.09%	#84	#83
2008	0.06%	0.09%	#87	#83
2009	0.07%	0.08%	#83	#87
2010	0.06%	0.09%	#87	#83
2011	0.06%	0.12%	#90	#74
2012	0.06%	0.10%	#90	#79
2013	0.06%	0.11%	#92	#81
2014	0.07%	0.12%	#89	#75
2015	0.07%	0.14%	#83	#71
2016	0.07%	0.13%	#83	#70
2017	0.07%	0.13%	#83	#70
2018	0.06%	0.10%	#88	#78
2019	0.07%	0.11%	#86	#77
2020	0.07%	0.10%	#86	#83
2021	0.07%	0.10%	#86	#79
2022	0.06%	0.08%	#88	#89
2023	0.06%	0.08%	#89	#92
2024	0.06%	0.08%	#87	#85

30 rows

Trading partners

India was Sri Lanka's top trading partner in 2024, at 15.9% of total trade; the top five partners covered 50.0%.

Year

Top partner share: 15.9%
Top-5 share: 50.0%
Partners: 210
Partner HHI (0–1): 0.069

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United States $3.2B

India $1.1B

Germany $919M

United Kingdom $842M

Italy $554M

France $457M

Canada $385M

China $354M

United Arab Emirates $341M

Japan $254M

Russia $175M

Singapore $114M

Malaysia $109M

Pakistan $78M

Indonesia $62M

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Top partners of Sri Lanka in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	India	$1,070 M	$4,240 M	$5,309 M	−$3,170 M
#2	China	$354 M	$4,395 M	$4,749 M	−$4,042 M
#3	United States	$3,159 M	$440 M	$3,599 M	$2,719 M
#4	United Arab Emirates	$341 M	$1,354 M	$1,695 M	−$1,013 M
#5	Singapore	$114 M	$1,267 M	$1,380 M	−$1,153 M
#6	Germany	$919 M	$292 M	$1,211 M	$627 M
#7	United Kingdom	$842 M	$177 M	$1,019 M	$666 M
#8	Italy	$554 M	$285 M	$839 M	$269 M
#9	Malaysia	$109 M	$713 M	$822 M	−$604 M
#10	France	$457 M	$305 M	$761 M	$152 M
#11	Russia	$175 M	$539 M	$715 M	−$364 M
#12	Pakistan	$78 M	$445 M	$523 M	−$367 M
#13	Japan	$254 M	$249 M	$503 M	$5 M
#14	Indonesia	$62 M	$440 M	$502 M	−$378 M
#15	Canada	$385 M	$102 M	$487 M	$282 M

15 rows

Products & sectors

Product composition of Sri Lanka's trade in 2024.

Year

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Concentration & risk

Sri Lanka's export partners diversified over 1995–2024 — HHI 0.182 → 0.071, a diversified export base across 199 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Sri Lanka per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.182	0.060	98	69
1996	0.181	0.061	112	69
1997	0.192	0.060	119	77
1998	0.207	0.061	122	85
1999	0.183	0.052	183	130
2000	0.178	0.050	192	132
2001	0.177	0.050	189	131
2002	0.183	0.052	193	141
2003	0.151	0.061	194	144
2004	0.138	0.061	191	152
2005	0.137	0.062	191	153
2006	0.126	0.069	198	157
2007	0.104	0.090	191	159
2008	0.091	0.077	196	153
2009	0.084	0.071	200	159
2010	0.076	0.083	204	157
2011	0.070	0.087	204	176
2012	0.074	0.083	205	175
2013	0.079	0.091	199	185
2014	0.079	0.125	193	190
2015	0.089	0.113	201	185
2016	0.086	0.105	196	197
2017	0.078	0.096	202	192
2018	0.083	0.120	169	119
2019	0.072	0.100	201	196
2020	0.070	0.107	198	195
2021	0.069	0.117	198	190
2022	0.078	0.133	196	191
2023	0.070	0.101	200	188
2024	0.071	0.117	199	192

30 rows

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