Sri Lanka - Balanza comercial

Sri Lanka's trade deficit increased to USD 758 million in September of 2019 from USD 713 million in the same month of the previous year. Exports dropped 9.8 percent to USD 952 million, due to lower shipments of industrial products (-8.4 percent), particularly textiles and garments (-5.5 percent) and petroleum products (-41.3 percent); agricultural (-14 percent) and mineral products (32.6 percent). Imports dropped 3.3 percent to USD 1,711 million, amid declines in purchases of intermediate goods (-5.2 percent), namely fuel (-10.7 percent) and consumer goods (-17.5 percent). In contrast, exports of investments goods advanced 19.3 percent.

Sri Lanka's trade deficit decreased to USD 540 million in August of 2019 from USD 850 million in the same month of the previous year. Exports dropped 0.4 percent to USD 1,033 million, due to lower shipments of agricultural products (-3.6 percent), particularly spices (-19.9 percent) and coconut (-9.7 percent); and mineral products (-31.6 percent). At the same time, industrial exports increased 0.6 percent, boosted by higher sales of textiles and garments (7.0 percent). Imports declined 16.6 percent to USD 1,574 million, amid declines in purchases of intermediate goods (-18.6 percent), namely fuel (-34.5 percent); consumer (-23 percent) and investment goods (4.4 percent).

Sri Lanka's trade deficit increased to USD 717 million in July of 2019 from USD 681 million in the same month of the previous year. Exports dropped 7.0 percent to USD 999 million, due to lower shipments of industrial products (-6.4 percent), namely rubber products (-1.4 percent) and machinery and mechanical appliances (-6.3 percent). In addition, agricultural exports slumped 9.1 percent, dragged down by lower sales of tea (-11.1 percent) while mineral shipments fell 1.8 percent. Meantime, imports dropped 2.2 percent to USD 1,716 million amid declines in purchases of intermediate goods (-0.6 percent), due to lower expenditure in textiles and textile articles (-0.4 percent); and consumer goods (-8.6 percent). In contrast, imports of investment goods went up 0.9 percent.

Sri Lanka's trade deficit decreased to USD 316 million in June 2019 from USD 795 million in the same month of the previous year. Exports rose 5.8 percent to USD 1,084 million, boosted by shipments of industrial products (9.3 percent), namely textiles and garments (11.4 percent); rubber products (2.3 percent) and transport equipment (690.4 percent). In contrast, agricultural exports slumped (-6.8 percent), dragged down by lower sales of tea (-12.7 percent) while mineral shipments dropped 9.9 percent. Meantime, imports dropped 23.1 percent to USD 1,400 million, amid declines in purchases of intermediate goods (-11.1 percent), due to lower expenditure in fuel (-17 percent); consumer (-39.4 percent) and investment goods (-32.6 percent

Sri Lanka's trade deficit decreased to USD 823 million in May 2019 from USD 933 million in the same month of the previous year. Exports rose 4.0 percent to USD 961 million, boosted by shipments of industrial products (4.5 percent), namely textiles and garments (6.5 percent) and rubber products (12.5 percent); and agricultural products (3.0 percent), driven by higher sales of tea (3.6 percent) and coconut (33.4 percent). In contrast, mineral exports fell 19.9 percent. Meantime, imports dropped 3.9 percent to USD 1,784 million, amid declines in purchases of consumer goods (-19.8 percent), dragged down by lower expenditure in non-food products (-30.9 percent). On the other hand, imports of intermediate (0.4 percent) and investment goods (1.4 percent) increased.

Sri Lanka's trade deficit decreased to USD 797 million in April 2019 from USD 999 million in the same month of the previous year. Exports rose 0.4 percent to USD 798 million, boosted by shipments of industrial products (2.7 percent), namely textiles and garments (5.6 percent) and petroleum products (13.7 percent); and mineral products (18.3 percent), primarily to the US and non-traditional markets such as Canada and China. Meanwhile, exports of agricultural products fell 7.0 percent, driven by lower sales of tea (-9.7 percent); seafood (-0.6 percent) and spices (-11 percent). Imports fell 11 percent to USD 1,596 million, amid declines in purchases of consumer goods (-26.6 percent), dragged down by lower expenditure in both food & beverages (-3.1 percent) and non-food products (-36.7 percent) while imports of intermediate goods went down 9.8 percent, driven by fuel (-9.7 percent).