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Sri-Lanka import Statistics

Sri Lanka Import Data

The Democratic and Socialist Republic of Sri Lanka is another name for Sri Lanka. Sri Lanka is an island nation situated in South Asia. The Indian Ocean contains it. Because the Palk Strait divides Sri Lanka from India, the two countries share a marine border. Regarding land size, Sri Lanka is the seventeenth smallest country in Asia. With a land size of about 65,610 km^2, Sri Lanka is ranked 123rd in the world in terms of area. 

According to Sri Lanka’s Import data, Sri Lanka imported goods with a total value of $16.8 billion in 2023, a decrease of 5% from the previous year. Sri Lanka’s biggest import is mineral fuels and mineral oils in 2023, while the biggest import partner of Sri Lanka is India. Sri Lanka’s total GDP is $74.40 billion while its GDP import share is 25.04%. Sri Lanka is also a part of trading blocs such as SAFTA and AFTA. Let us delve into a comprehensive guide to Sri Lanka's import data, particularly focusing on the import data for the year 2023. Through this guide, we aim to shed light on the importance of import data and how it can benefit businesses operating in Sri Lanka.

Sri Lanka Import Data | Sri Lanka Customs Data | Sri Lanka Trade Data

88

The country has been ranked 88th in global imports, showing a significant position in the international trade landscape and import market.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

INDIA

India holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND MINERAL OILS

Mineral fuels and mineral oils are the biggest import commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Sri Lanka

Sri Lanka, an island nation in South Asia, is an active player in the global import market. Among its top 10 imports, mineral fuels and oils, machinery, and textiles hold prominent positions. The top 10 imports of Sri Lanka in 2023, as per the import data include:

  • Mineral fuels and mineral oils (HS code 27): 24.84% ($4.07 billion)
  • Nuclear reactors and machinery (HS code 84): 6.35% ($1.04 billion)
  • Electrical machinery and equipment (HS code 85): 5.76% ($943.95 million)
  • Knitted or crocheted fabrics (HS code 60): 4.79% ($785.13 million)
  • Pharmaceutical products (HS code 30): 3.43% ($562.85 million)
  • Plastics and articles thereof (HS code 39): 3.33% ($545.26 million)
  • Cotton (HS code 52): 3.21% ($525.43 million)
  • Iron and steel (HS code 72): 2.82% ($462.71 million)
  • Sugars and sugar confectionery (HS code 17): 2.68% ($438.73 million)
  • Paper and paperboard (HS code 48): 2.5% ($410.22 million)
    • Partners

    Top 10 Import Partners of Sri Lanka

    In terms of its import partners, Sri Lanka maintains strong trade relations with countries like India, China, and the United Arab Emirates. These nations, along with the United States and Japan, constitute Sri Lanka's top import partners, facilitating a continuous flow of goods and fostering economic cooperation. Sri Lanka’s Top 10 Import Partners in 2023, according to the import data are:

    Value In Percentage(%)

  • India: 19.5% (3.19 billion US$)
  • China: 18.9% (3.10 billion US$)
  • United Arab Emirates: 9.5% (1.55 billion US$)
  • Singapore: 5.3% (873.23 million US$)
  • Malaysia: 4.5% (741.46 million US$)
  • USA: 3.1% (513.37 million US$)
  • Russia: 2.4% (395.03 million US$)
  • Indonesia: 2.3% (373.46 million US$)
  • Oman: 2.2% (355.07 million US$)
  • Pakistan: 2% (325.78 million US$)
    • Sample Data

    Understanding Sri Lanka Import Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Import data refers to the detailed information about the goods imported into a country during a specific period. Sri Lanka import data provides insights into the types of imported goods, their origin, the quantity, and their total value. By analyzing this data, businesses can identify emerging trends, predict future demands, and make informed product and service decisions. Based on the Export data of Sri Lanka, the island nation imported goods with a total value of $16.8 billion in 2023. The information you are given regarding Sri Lanka's shipment and import data is quite helpful and educational. All of the import data is derived from recently updated shipping bills, invoices, and other crucial transaction documentation. Reliable data is gathered from institutions, other shipping companies, and Sri Lanka's customs ports. The trade data from Sri Lanka includes several fields, such as HS codes, product descriptions, quantity and price, port names, and currency values. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Benefits

    Benefits of Sri Lanka Import Data

  • Discover possible leads from the import market in Sri Lanka.
  • Find out what Sri Lanka's current product demand is.
  • Monitor Your Rivals exceeding them in position.
  • Make your marketing plan driven by information.
  • Increase the visibility of your brand in the Sri Lankan market.
  • Aim for long-term business success and double your revenue.

    • Frequently Asked Questions!!

    Detailed information about the goods imported into Sri Lanka during a specific period is known as the Sri Lanka import data.

    The total import value of Sri Lanka's Imports in 2023 is $16.8 billion.

    India was Sri Lanka's top import partner in 2023.

    Mineral fuels and mineral oils are the top import category for Sri Lanka in 2023.

    To benefit businesses operating in Sri Lanka by providing insights and information for making informed decisions.

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