Sri Lanka is an island located in Southern Asia, in the Indian Ocean, and south of India. Sri Lanka exports mostly textiles, garments and tea, as well as spices, gems, coconut products, rubber and fish. Exports are majorly destined to the United States, the United Kingdom, Germany, Belgium and Italy. Sri Lanka imports petroleum, textile fabrics, foodstuffs, and machinery and transportation equipment. The country’s main import partners are India, China, Iran and Singapore. Sri Lanka signed the first ever bilateral Free Trade Agreement with India in 1998. It is a member of the World Trade Organization (WTO) and the South Asian Association for Regional Cooperation (SAARC).
Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.