Sri Lanka Export Data

Sri Lanka Export Data

Sri Lanka is currently one of the most biodiverse nations of the entire world accounting for the majority of agricultural exports accompanying the industrial ones. The nation's globally thriving export industry can be attributed to its coastline with the Indian Ocean, rising consumer demand, and increased government investment rates. The country has an overall population of around 22 million among which the majority practice Sinhala and Tamil as their official language followed by some other native languages. The rapidly evolving industries of the nation have recorded a total export trade value of 11 billion US dollars in 2023 making it record a rank of 71 among all the other global trade holders.

Apart from the trade rate the country has gained stability because of its textiles and garments industry accounting for more than half of the total export trade value of the nation in 2023. The rapid industrial growth of the industrial and agricultural sectors altogether has recorded a GDP of 100 billion US dollars in 2023 representing an impactful boost in both the trade rates. The better trade agreements of the nation and the strategic geographical location make it an ideal destination for exports says the Sri Lanka Customs Data.

Sri Lanka Export Customs Trade Data Shows Top 10 exporting Products In 2023 – Analysis By Chapter

  • 2.72 billion US dollars with a share of 23%: HS Code - 61
  • 2.01 billion US dollars with a share of 17.1%: HS Code - 62
  • 1.87 billion US dollars with a share of 15.9%: HS Code - 09
  • 876 million US dollars with a share of 7.46%: HS Code - 40
  • 294 million US dollars with a share of 2.5%: HS Code - 27
  • 286 million US dollars with a share of 2.44%: HS Code - 85
  • 280 million US dollars with a share of 2.38%: HS Code - 89
  • 266 million US dollars with a share of 2.27%: HS Code - 71
  • 244 million US dollars with a share of 2.08%: HS Code - 03
  • 206 million US dollars with a share of 1.75%: HS Code - 84

Sri Lanka Export Global Trade Data Shows Top 10
Trading Partners
of Sri Lanka

  • USA with a share of 24% (2.92 billion US$)
  • United Kingdom with a share of 8.88% (1.04 billion US$)
  • India with a share of 6.72% (789 million US$)
  • Germany with a share of 4.65% (547 million US$)
  • Italy with a share of 4.52% (531 million US$)
  • China with a share of 3.66% (430 million US$)
  • Belgium with a share of 2.95% (347 million US$)
  • United Arab Emirates with a share of 2.56% (301 million US$)
  • Turkey with a share of 2% (234 million US$)
  • Singapore with a share of 1.99% (233 million US$)

Sri Lanka Export Data Sample

HOW IMPORT GLOBALS SRI LANKA EXPORT DATA IS BENEFICIAL FOR BUSINESS GROWTH 

Every business needs accurate and detailed information about exporting goods from one country to another. The reliable information on import-export trade activity can be a game changer for your business. It helps in efficient business planning and allows making informed decisions about the potential market of your product, where you can grow your business rapidly.

Import Globals provides detailed information on Sri Lanka Export Trade by subscribing to Sri Lanka Trade Data you can get access to extensive detailed information on exports into the Sri Lanka market from worldwide. Sri Lanka Trade Data includes all major columns such as Importers company, Exporters company, Product Description, HS Code, FOB, CIF, Net Weight, Quantity, ports, Origin Country, etc. This data gives you a well-rounded view of Sri Lanka's Export trade.

 Sri Lanka Export Data is collected from the most authenticated documents such as customs shipping bills, bills of entries, bills of lading, customs invoices, etc... It ensures the reliability of the data. Whether you are a new player in the market or an established company it is very necessary to get trustworthy information for business planning. Sri Lanka Trade Statistics provided by Import Globals gives valuable insight into Sri Lanka's market to make informed decisions about potential partners.

By using Sri Lanka Shipment Statistics, you can stay ahead of market trends and competitors. You can save plenty of time and money in researching potential clients and the market of your product. Not only time and money you can also increase the chance of successful business planning and dealing with the help of Sri Lanka Trade Data. It is easier for companies to approach clients and negotiate confidently by using Sri Lanka Trade Statistics.

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