Trade Balance in Sri Lanka

Sri Lanka Trade Balance | Economic News & Forecasts

Sri Lanka - Trade Balance

Recently-released data continued to hint at softer growth in the second quarter. Merchandise exports weakened in June on subdued agricultural and industrial exports, while merchandise imports lost steam. Consequently, the trade deficit widened further in June compared to the same month last year. On a more positive note, industrial production growth accelerated in July, suggesting momentum could pick up in the third quarter. In other news, intensifying political tensions have led to massive protests by supporters of the opposition party against delayed provincial elections. Meanwhile, the rupee continued to tumble against the dollar and hit a fresh record low on 14 September.

Sri Lanka - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-7.6  -8.3  -8.4  -8.9  -9.6  

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Note: Trade balance in USD bn.

Sri Lanka Facts

Exchange Rate168.80.02 %Sep 20

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