Applied tariffs
Simple average MFN applied
2023
*
8.4 %
Trade-weighted MFN average
2023
*
7.1 %
Share of MFN duty-free
2023
52.1 %
Bound tariffs
Simple average bound
*
32.1 %
Binding coverage
40.5 %
Share of bound duty-free
0.5 %
Imports
Total imports: 18,617.1 million USD in 2024
Imports by partner
China
23.3 %
4,338.8
million USD
India
20.3 %
3,787.3
million USD
United Arab Emirates
7.4 %
1,370.9
million USD
European Union
7.3 %
1,360.6
million USD
Singapore
6.7 %
1,252.4
million USD
Malaysia
3.8 %
715.3
million USD
Russian Federation
3.0 %
550.3
million USD
Pakistan
2.5 %
457.1
million USD
Indonesia
2.4 %
446.3
million USD
United States of America
2.4 %
444.5
million USD
Rest of the World
20.9 %
3,893.5
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
9.0 %
1,666.4
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.5 %
832.6
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
4.2 %
777.6
million USD
170199
Cane or beet sugar and chemically pure sucrose, in solid form (excl. cane and beet sugar containing added flavouring or colouring and raw sugar)
2.0 %
372.2
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
2.0 %
367.0
million USD
270119
Coal, whether or not pulverised, non-agglomerated (excl. anthracite and bituminous coal)
1.7 %
316.4
million USD
600410
Knitted or crocheted fabrics, of a width of > 30 cm, containing >= 5% by weight elastomeric yarn (excl. containing rubber thread, pile fabrics, incl. "long pile", looped pile fabrics, labels, badges and similar articles, and knitted or crocheted fabrics, impregnated, coated, covered or laminated)
1.6 %
302.9
million USD
100199
Wheat and meslin (excl. seed for sowing, and durum wheat)
1.6 %
295.4
million USD
271119
Gaseous hydrocarbons, liquefied, n.e.s. (excl. natural gas, propane, butane, ethylene, propylene, butylene and butadiene)
1.6 %
292.2
million USD
040221
Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened
1.1 %
197.7
million USD
Rest of the products
70.9 %
13,196.7
million USD
Exports
Total exports: 11,988.4 million USD in 2024
Exports by destination
United States of America
24.3 %
2,913.9
million USD
European Union
23.0 %
2,753.0
million USD
United Kingdom
7.5 %
905.0
million USD
India
7.4 %
884.8
million USD
United Arab Emirates
2.8 %
335.1
million USD
Canada
2.7 %
320.3
million USD
China
2.1 %
252.2
million USD
Australia
2.1 %
247.5
million USD
Bangladesh
2.0 %
241.9
million USD
Mexico
1.5 %
182.1
million USD
Rest of the World
24.6 %
2,952.6
million USD
Exports by products HS 2022
090240
Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg
5.7 %
681.6
million USD
090230
Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg
5.6 %
668.3
million USD
621210
Brassieres of all types of textile materials, whether or not elasticated, incl. knitted or crocheted
4.6 %
550.2
million USD
401290
Solid or cushion tyres, interchangeable tyre treads and tyre flaps, of rubber
3.8 %
455.2
million USD
611610
Gloves, mittens and mitts, impregnated, coated, covered or laminated with plastics or rubber, knitted or crocheted
3.2 %
379.2
million USD
610990
T-shirts, singlets and other vests of textile materials, knitted or crocheted (excl. cotton)
2.5 %
300.3
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.1 %
246.7
million USD
200819
Nuts and other seeds, incl. mixtures, prepared or preserved (excl. prepared or preserved with vinegar, preserved with sugar but not laid in syrup, jams, fruit jellies, marmalades, fruit purée and pastes, obtained by cooking, and groundnuts)
2.0 %
240.8
million USD
611120
Babies' garments and clothing accessories of cotton, knitted or crocheted (excl. hats)
1.8 %
219.1
million USD
090611
Cinnamon "Cinnamomum zeylanicum Blume" (excl. crushed and ground)
1.8 %
210.5
million USD
Rest of the products
67.0 %
8,036.3
million USD
Preferential regimes provided by Sri Lanka
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Sri Lanka as a beneficiary based on other economies reported preferential regimes
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