1.  Overview the trade of SRI LANKA in goods current year until 202109

According to Dalian Infobank, in 202109, SRI LANKA's exports and imports of goods amounted to 2516.0266 million, and were up 1.47% comparing with the same period of last year. Among these, exports were up 0.49% at 1006.4610 million, and imports were up 2.13% at 1509.5656 million. And the corresponding trade deficit was 503.1045 million and up 5.57%.

During the current year until 202109, SRI LANKA's total exports and imports of goods were 23368.2574 million and were up 23.84% comparing to the same period of last year. Among these, exports were 8832.8645 million and up 19.28%; imports were 14535.3928 million and up 26.78%. The total trade deficit was 5702.5283 million and up 40.45%.

If considering by country (region), CHINA, INDIA, UNITED STATES, UNITED ARAB EMIRATES, UNITED KINGDOM were SRI LANKA's top five trading partners. During the current year until 202109, SRI LANKA's imports and exports to five countries/territories were 3736.0493 million, 3695.3617 million, 2586.8751 million, 1138.7314 million, 852.1434 million. These values correspond to 15.99%, 15.81%, 11.07%, 4.87%, 3.65% of SRI LANKA's imports and exports, and, respectively, were up 39.37%, up 39.50%, up 13.86%, up 43.84%, up 2.76% comparing to the same period of last year.

Current year until 202109, SRI LANKA and the top five trade partners UNITED STATES, UNITED KINGDOM, INDIA, GERMANY, ITALY are the top five countries/territories that SRI LANKA exports to in terms of the total export amount. During the current year until 202109, SRI LANKA's exports to these five countries/territories were 2181.7423 million, 681.5398 million, 568.5024 million, 546.5203 million, 419.7409 million. These values correspond to 24.70%, 7.72%, 6.44%, 6.19%, 4.75% of SRI LANKA's exports and, respectively, were up 15.26%, up 2.57%, up 25.26%, up 27.03%, up 27.07% comparing with the same period of last year.

Current year until 202109, SRI LANKA's exports to top five countries/territories CHINA, INDIA, UNITED ARAB EMIRATES, MALAYSIA, SINGAPORE are the top five countries/territories that SRI LANKA imports from in terms of the total export amount. During the current year until 202109, SRI LANKA's imports from these five countries/territories were 3527.4407 million, 3126.8593 million, 937.0509 million, 552.7834 million, 469.8568 million. These values correspond to 24.27%, 21.51%, 6.45%, 3.80%, 3.23% of SRI LANKA's total imports and, respectively, were up 39.91%, up 42.45%, up 45.20%, up 8.21%, up 2.31% comparing with the same period of last year.

During the current year until 202109, the trade surplus of SRI LANKA was mainly from UNITED STATES, UNITED KINGDOM, GERMANY, NETHERLANDS, BELGIUM at 1776.6095 million, 510.9362 million, 305.3581 million, 219.8312 million, 192.1522 million, and up 17.35%, up 2.27%, up 62.00%, up 63.83%, up 7.54%. And the trade deficits were mainly from CHINA, INDIA, UNITED ARAB EMIRATES, MALAYSIA, SINGAPORE at 3318.8321 million, 2558.3568 million, 735.3704 million, 497.8971 million, 406.5818 million, and up 40.52%, up 46.93%, up 47.36%, up 6.45%, up 6.37%.

Current year until 202109, SRI LANKA's trade surplus or deficit with top five countries/territories During the current year until 202109,  commodities with hs2 codes, 27, 61, 85, 62, 84, were SRI LANKA's top five traded commodities. They correspond to the import and export values of 2331.4524 million, 2264.1973 million, 1525.7816 million, 1413.4175 million, 1376.3588 million, which were up 26.43%, up 27.13%, up 39.20%, up 12.31%, up 41.83% comparing with the same period of last year and account for 9.98%, 9.69%, 6.53%, 6.05%, 5.89% of SRI LANKA's total imports and exports.

During the current year until 202109, 61, 62, 09, 40, 85 were SRI LANKA's top five traded commodities, with total import and export values of 2213.8477 million, 1339.9369 million, 1255.0764 million, 807.4516 million, 309.5866 million. These values correspond to 25.06%, 15.17%, 14.21%, 9.14%, 3.50% of SRI LANKA's total exports and, respectively, were up 27.24%, up 13.49%, up 13.02%, up 37.52%, up 66.51% comparing to the same period of last year.

During the current year until 202109, 27, 84, 85, 60, 72 were SRI LANKA's top five traded commodities, with total import values of 2166.7031 million, 1251.0598 million, 1216.1950 million, 756.6901 million, 653.0870 million. These values correspond to 14.91%, 8.61%, 8.37%, 5.21%, 4.49% of SRI LANKA's total exports and, respectively, were up 36.54%, up 37.33%, up 33.62%, up 44.55%, up 76.23% comparing to the same period of last year.

2. Current year until 202109, SRI LANKA binational trade profile

According to Dalian Infobank, during the current year until 202109, SRI LANKA-China binational exports and imports of goods amounted to 3736.0493 million and were up 39.37% comparing with the same period of last year. Among these, exports from SRI LANKA to China were 208.6086 million and up 30.89%, imports from China to SRI LANKA were 3527.4407 million and up 39.91%. The total binational trade deficit was 3318.8321 million and up 40.52%.

During the urrent year until 202109, commodities with hs2 code, 85, 84, 60, 30, 72, were binational trade's top five traded commodities. They correspond to import and export values of 687.2222 million, 525.1358 million, 244.8641 million, 207.2088 million, 185.2062 million and makes up 18.39%, 14.06%, 6.55%, 5.55%, 4.96% of the total binational imports and exports. These values were also up 39.31%, up 55.42%, up 31.50%, up 1451.94%, up 79.98% comparing to the same period last year.

During the current year until 202109, 09, 61, 53, 62, 26 were the top five traded commodities exported to China from SRI LANKA, with export values of 47.0101 million, 32.8996 million, 23.9812 million, 17.3993 million, 15.3908 million. These values account for 22.54%, 15.77%, 11.50%, 8.34%, 7.38% of SRI LANKA's total exports and were up 30.85%, up 7.25%, up 50.12%, down 12.18%, up 766.46% comparing to the same period of last year.

During the current year until 202109, 85, 84, 60, 30, 72 were SRI LANKA's top five traded commodities importing from China , with import values of 678.9699 million, 522.9950 million, 244.5941 million, 207.2086 million, 185.2062 million. These values account for 19.25%, 14.83%, 6.93%, 5.87%, 5.25% of SRI LANKA's total imports and were up 39.42%, up 55.01%, up 31.48%, up 1452.20%, up 80.00% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Sri Lanka Customs