Overview Earnings from exports exceeded US dollars 1.0 billion for the tenth consecutive month in March 2022, despite a marginal decline compared to year earlier. Meanwhile, import expenditure recorded a notable decline, year-on-year, for the first time since February 2021. 2.1 New provisions announced in the year 2022 2.2 Improving the Imports and Exports policy of Sri Lanka 2.3 Issuance of Imports Exports Licenses 2.4 Data review of licenses issued in the last 5 years 2.5 Payment terms and orders of Imports and Exports 2.6 Inquiry Point 35 Chapter 3 - Overall Finacial Performance of the Year 36 Imports in Sri Lanka increased to 1610.50 USD Million in October from 1349.30 USD Million in September of 2023. Imports in Sri Lanka averaged 1276.02 USD Million from 2001 until 2023, reaching an all time high of 2241.00 USD Million in December of 2021 and a record low of 407.56 USD Million in February of 2002. source: Central Bank of Sri Lanka. Labor Force Environment Crime Immigration Other Trade Balance Trade to GDP Ratio Exports Imports Foreign Direct Investment Tariff Rates Tourism Statistics Imports of goods and services represent the value of all goods and other market services received from the rest of the world. The data reached an all-time high of 2.2 USD bn in Dec 2021 and a record low of 91.0 USD mn in Feb 1983. Further information about Sri Lanka Total Imports. In the latest reports, Sri Lanka Total Imports grew 5.1 % YoY in Sep 2023. Total Exports dropped 10.0 % YoY, to 971.7 USD mn in Sep 2023. Given Sri Lanka's population of 22.4 million people, its total $17.3 billion in 2022 imports translates to roughly $770 in yearly product demand from every person in the island nation. That dollar metric falls below the average $800 per capita during 2021. Sri Lanka's Top 10 Imports Merchandise Trade summary statistics data for Sri Lanka (LKA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Economic and Social Statistics 2022 Preliminary Pages Key Economic Indicators Chapters 1. National Output, Expenditure and Income 2. Economic and Social Infrastructure 3. Prices, Wages and Employment 4. External Trade and Finance 5. Government Finance 6. Money, Interest Rates and Capital Markets 7. Financial Sector Performance 8. The data reached an all-time high of 19.961 USD bn in 2022 and a record low of 8.094 USD bn in 2010. CBSL Forecast: Exports data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database's Sri Lanka - Table LK.JA002: Trade Statistics: Forecast. Last. Frequency. Range. 19,961. Hqsov.