Net trade in goods in Sri Lanka
Sri Lanka: Net trade in goods was -6.07 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Sri Lanka recorded -6.07 billion BoP, current US$ for net trade in goods in 2024.
Compared with earlier readings it is down 23.9% on the previous year and up 26.8% over ten years.
Over the whole period, net trade in goods in Sri Lanka peaked at 106.51 million BoP, current US$ in 1977 and was at its lowest, -10.34 billion BoP, current US$, in 2018.
Sri Lanka ranks 155th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -83.46 million BoP, current US$ | -323.17 million BoP, current US$ | 106.51 million BoP, current US$ | 5 |
| 1980s | -573.85 million BoP, current US$ | -783.50 million BoP, current US$ | -237.14 million BoP, current US$ | 10 |
| 1990s | -751.81 million BoP, current US$ | -1.09 billion BoP, current US$ | -472.51 million BoP, current US$ | 10 |
| 2000s | -1.79 billion BoP, current US$ | -4.57 billion BoP, current US$ | -560.03 million BoP, current US$ | 10 |
| 2010s | -8.17 billion BoP, current US$ | -10.34 billion BoP, current US$ | -3.48 billion BoP, current US$ | 10 |
| 2020s | -6.06 billion BoP, current US$ | -8.14 billion BoP, current US$ | -4.90 billion BoP, current US$ | 5 |
Countries ranked near Sri Lanka
More economy & growth data for Sri Lanka
- Gross national expenditure 113.04 billion current US$ (2025)
- Final consumption expenditure 80.78 billion current US$ (2025)
- Final consumption expenditure 24.31 trillion current LCU (2025)
- Final consumption expenditure 74.55 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.3% (2025)
- Industry (including construction), value added 27.69 billion current US$ (2025)
- Final consumption expenditure 74.2% (2025)
- Manufacturing, value added 17.1% (2025)
- Exports of goods and services 6.21 trillion current LCU (2025)
- Exports of goods and services 20.64 billion current US$ (2025)
Frequently asked questions
- What is net trade in goods in Sri Lanka?
- Net trade in goods in Sri Lanka was -6.07 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Sri Lanka?
- The highest recorded value was 106.51 million BoP, current US$ in 1977.
- What is the lowest net trade in goods recorded in Sri Lanka?
- The lowest recorded value was -10.34 billion BoP, current US$ in 2018.
- How does Sri Lanka rank for net trade in goods?
- Sri Lanka ranks 155th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Sri Lanka?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.